Modern Technology Corp, a diversified technology development and acquisition company, builds revenues through continuous growth, strategic acquisitions, and commercialization of nascent technology. MOTG improves operating efficiencies through the elimination of cost redundancies and realized synergy between subsidiaries. MOTG also commercializes new technology and provides to its subsidiaries new product lines, operations infrastructure, and significant intellectual capital. The company's mission is to build shareholder value through a model of continuous growth. Web Address: http://www.moderntechnologycorp.com
Recent News: 2.1.06 Modern Technology Corp (OTC BB: MOTG), a rapidly growing diversified technology development and acquisition company, announced its subsidiary Sound City (www.soundcity.com) has secured an agreement to supply 18 TGI Friday's restaurant locations throughout the New York metropolitan area. Each location will purchase approximately between 15 and 20 plasma/LCD TVs and related audio-video equipment units. Sound City will also professionally install the equipment. "This new customer is a major restaurant chain in America and we are pleased to have them as a customer. We are well on our way to a strong 2006," said Anthony Welch, Chairman of Modern Technology Corp.
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Modern Technology Corp Subsidiary INmarketing Launches New Incentive Program for Sharp Electronics Monday February 6, 8:00 am ET
OXFORD, MS--(MARKET WIRE)--Feb 6, 2006 -- Modern Technology Corp (OTC BB:MOTG.OB - News), a rapidly growing diversified technology development and acquisition company, announced its subsidiary INmarketing Group launched a new and innovative online incentive program for Sharp Electronics. ADVERTISEMENT
INmarketing Group manages Ever-Sharp Performance -- Sharp Electronics' premier sales incentive program, and at the Sharp SDSCA National Dealer Meeting in Las Vegas Nevada this week, InMarketing Group launched their new online Spin and Win game for Ever-Sharp Participants. INmarketing is committed to providing our clients with the most comprehensive and exciting incentive application in the industry.
Anthony Welch, Modern Technology Corp's Chairman, said, "Sharp Electronics is an international company and an important customer for INmarketing. Our model of continuous growth is exemplified by this new program addition and sets the tone for outstanding results in 2006."
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count me in too... I have been watching this company for a while, they have so many things going for them, surprised it actually dropped today after the news
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down 14% on news and nice volume. I'm still expecting this to turn and run, proably a few shares left from the s-8 and then it'll go.
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I got in late too...at .038. I've been playing pretty conservatively because I'm still learning. Maybe I should stick around for a bigger payoff on this one???
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Hey, everyone, glad to see some new names checking out MOTG. I've been in since middle of last year, and a bunch of us hang out in the under .10 board.
I don't want to just gleefully pump this stock, so I'll give you the bad with the good. Many of us have been in quite long, with no rewards. Filings have been late several times, CD holders have been converting (ARCA), a few more shares have been added to the float, and great news always seems to go over like a lead balloon. Painful for those of us in between 6 and 8 cents.
On the flip side, there is a lot of good. MOTG aggressively looks for acquisitions. We expect significant contract announcements from HNET. AW is very responsive to shareholders and, thus far, has kept his word on everything he has said. Some in our group are a bit...less than tactful? in their communications with him, and really let him know how they feel about PPS. He doesn't ignore or brush them off; he really makes an effort to describe what he's doing. Additionally, the rumor is that we will be doing a statutory merger to uplist to the NAZ. Rumored company is HRVE. Given that HRVE's business is similar to Sound City, and HRVE being in danger of losing eligibility to be listed on the NAZ due to their PPS, it seems a well-founded rumor.
This may be a longer-term 'investment' rather than a good play, so be advised.
Good luck to all.
-------------------- I have taken a vow of poverty, so if you want to irritate me, send money.
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Actually I think the MOTG s-8 is about up. Thats why it didnt run on the latest news but when its fully used up it should move hard like most post s-8 plays.
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How is it possible that ARCA is the lowest on almost every stock I own lately, and usually rediculously lower than everyone else. He must have someone selling at that level right? I don't get it....
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