Letter Agreement Regarding Financial Statement Restatements – Medical Care Technologies Inc. and MaloneBailey, LLP

Summary

This letter, dated July 16, 2012, is from MaloneBailey, LLP to the U.S. Securities and Exchange Commission regarding Medical Care Technologies Inc. MaloneBailey, LLP agrees with the company's statements about discovering and reporting errors in its previously issued financial statements and supports management's plan to restate those statements as discussed in a Form 8-K filing. The letter serves as an acknowledgment and concurrence with the company's corrective actions.

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EX-10.37 3 mdce_ex1037.htm LETTER mdce_ex1037.htm
EXHIBIT 10.37

U.S. Securities and Exchange Commission
450 Fifth Street, N.W.
Washington, DC 20549
 
RE: Medical Care Technologies Inc.
 
We agree with the Company’s statements regarding the discovery and reporting of errors in previously issued financial statements. We are also in agreement with management’s intentions regarding the restatements discussed in this Form 8-k.


/s/ MaloneBailey, LLP
www.malone−bailey.com
Houston, Texas

July 16, 2012