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Posted by emich25 on :
 
Some thought that this would be a better title
 
Posted by tech1 on :
 
Modern Technology Corp Acquires INmarketing Group Adding a Projected $11,500,000 to 2005 Revenues
Modern Technology Corp (OTC BB: MOTG), a diversified technology development and acquisition company announced today it has acquired 51% of INmarketing Group, Inc. This new subsidiary adds an estimated $11.5 Million in 2005 revenues and a projected additional $14 Million in revenues for 2006. INmarketing Group generated $8.7 Million in revenues in 2004 and generated $5.8 Million in revenues in the first half of 2005.

Anthony Welch, Modern Technology Corp's Chairman said, "As promised to stockholders in prior updates, we now deliver. This is a superb addition to our portfolio and complements our strategy of continuous growth."

David J. Weiss and Andrew Perlmutter, Founders of INmarketing Group said, "We look forward to working with Modern Technology Corp and its family of companies to provide our loyal clients both the technological and pricing advantage they deserve. By expanding our distribution and integrating our systems, we will create new value and continue leading the Online Incentive Industry."

About Modern Technology Corp

Founded in 1982, Modern Technology Corp is a diversified technology development and acquisition company, building revenues by strategic acquisition and commercialization of nascent commercial technology and by the acquisition of synergistic operating companies. MOTG commercializes technology and provides to its subsidiaries new product lines, operations infrastructure, and significant intellectual capital. The company's mission is to consistently build shareholder value through accretive acquisitions of emerging technology or acquiring operating companies capable of benefiting from technology infrastructure enhancements or new product lines. For more information, visit: http://www.moderntechnologycorp.com.

Safe-Harbor Statement

This press release contains statements (such as projections regarding future performance) that are forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. Actual results may differ materially from those projected as a result of certain risks and uncertainties, including but not limited to those detailed from time to time in the Company's filings with the Securities and Exchange Commission.


Source: Market Wire (December 20, 2005 - 3:59 PM EST)

News by QuoteMedia
www.quotemedia.com
 
Posted by WarpedMind on :
 
Say hello to my little friend...

http://www.rallymonkey.com/video/kenindex.swf
 
Posted by trade04 on :
 
Oops New thread Sorry Well I am HAPPY =)!!!
 
Posted by cpz on :
 
I love the ralley monkey!
 
Posted by trade04 on :
 
quote:
Originally posted by cpz:
I love the ralley monkey!

I gave you 5 stars for that comment alone lol
 
Posted by tech1 on :
 
MOTG has hinted that there may be additional PRs coming out in the coming days and weeks.

I would also suggest that any new readers check out DMES, another MOTG portfolio company.

MOTG regulars, please stick with this thread to avoid confusion. Thanks.
 
Posted by Another_Newbie on :
 
Ok sooooo... where do you think our pps will end up for tomorrow's high?
 
Posted by trade04 on :
 
tech DMES might not be on the otcbb till months from now...by then MOTG will be * .50 cents
 
Posted by tech1 on :
 
AN, looking at tech analysis, I'm thinking .037-.039 run tomorrow, so 8 or 9 cents. Of course, that's an estimate, and I hope I'm way low.
 
Posted by trade04 on :
 
I think it could run pretty hard and fast as long as people know about it, so tomorrow we got to spread the news imo
 
Posted by emich25 on :
 
So lets see we know that we just got a company doing 11.5 mil in rev's...

Fair Value using Market cap

.10 = 4.7 mil Market cap

.15 = 7mil market cap

.20 = 10mil Market Cap

.30 = 14mil

.35 = 16.5 mil

.40 = 18mil

.50 = 23.5mil
 
Posted by trade04 on :
 
Also Keep in Mind that Later next week we could recive more News about the Acquistion set to take us to 50 mill this year
 
Posted by emich25 on :
 
So given that we have Soundcity and IMG and DMES and soon a new company. I think based on Rev's we should be at .30-.40 very comfortably
 
Posted by dooglearchie on :
 
The monster acquisition news may be closer than anyone thinks!!!! What will be the reaction when it's announced???? THUNDERSTRUCK comin' up IMO:)
 
Posted by dooglearchie on :
 
Read the recent press & do all the due...there's plenty of hints around as to how close the next acquisition is! $40 million in revs. on top of the current $22.5 million with a tiny O/S of 47 million...the man has begun delivering the goods...from todays PR:

"Anthony Welch, Modern Technology Corp's Chairman said, "As promised to stockholders in prior updates, we now deliver. This is a superb addition to our portfolio and complements our strategy of continuous growth."
 
Posted by emich25 on :
 
Jag is your email working
 
Posted by Tape worm on :
 
Modern Technology Corp Acquires INmarketing Group Adding a Projected $11,500,000 to 2005 Revenues
Modern Technology Corp (OTC BB: MOTG), a diversified technology development and acquisition company announced today it has acquired 51% of INmarketing Group, Inc. This new subsidiary adds an estimated $11.5 Million in 2005 revenues and a projected additional $14 Million in revenues for 2006. INmarketing Group generated $8.7 Million in revenues in 2004 and generated $5.8 Million in revenues in the first half of 2005.

-----------------------------------------------

I have a couple of questions. Does anyone know what MOTG might have gave up to get 51% of IN? Also, if MOTG only got 51% of IN that would come up to about 6M. Unless you all know what is going on with the other 49% that I do not.
Just wondering. This to me sounds very positive for MOGT. I am pretty much in the dark on MOTG.
 
Posted by Otttoman on :
 
What time today was the PR posted. I'm assuming about 4:30 EST based on Tech's post and the fact that there was no positive change in todays pps. I hope that this has some positive effect on the ppps, but considering that previous PRs have done nothing to improve the price, I'm still very skeptical as well. This is the kind of sh*t that needs to be investigated by the SEC if the MMs can still keep decreasing the pps of a company that's growing and increasing their value. I for one am going to start writing some letters to Washington if this company's stock continues to decline in the face of positve news and value. I'm fed up with the MMs and their BS manipulation, especially of viable companies like MOTG.
 
Posted by dooglearchie on :
 
quote:
Originally posted by Tape worm:
Modern Technology Corp Acquires INmarketing Group Adding a Projected $11,500,000 to 2005 Revenues
Modern Technology Corp (OTC BB: MOTG), a diversified technology development and acquisition company announced today it has acquired 51% of INmarketing Group, Inc. This new subsidiary adds an estimated $11.5 Million in 2005 revenues and a projected additional $14 Million in revenues for 2006. INmarketing Group generated $8.7 Million in revenues in 2004 and generated $5.8 Million in revenues in the first half of 2005.

-----------------------------------------------

I have a couple of questions. Does anyone know what MOTG might have gave up to get 51% of IN? Also, if MOTG only got 51% of IN that would come up to about 6M. Unless you all know what is going on with the other 49% that I do not.
Just wondering. This to me sounds very positive for MOGT. I am pretty much in the dark on MOTG.

Hi Tape Worm...when they acquired 51% they acquired majority interest & therefore report "all" InMarketing Group revenues in all future earnings reports ok.

As for cost of acquisition...my notes are at work...but I do believe emich has the info...it was definitely some restricted shares if memory serves...& I'm expecting an 8K filing as well so that will give you your answer as well ok.

Keep in mind that this acquisition finally being completed proves that the CEO is a man of his word. There's an even bigger acquisition on the front burner these days. An exisiting Naz co. with no liquidity for its shareholders bringing in $40 million plus in per annum revenues is the rumoured immediate next target!
 
Posted by dooglearchie on :
 
quote:
Originally posted by Otttoman:
What time today was the PR posted. I'm assuming about 4:30 EST based on Tech's post and the fact that there was no positive change in todays pps. I hope that this has some positive effect on the ppps, but considering that previous PRs have done nothing to improve the price, I'm still very skeptical as well. This is the kind of sh*t that needs to be investigated by the SEC if the MMs can still keep decreasing the pps of a company that's growing and increasing their value. I for one am going to start writing some letters to Washington if this company's stock continues to decline in the face of positve news and value. I'm fed up with the MMs and their BS manipulation, especially of viable companies like MOTG.

Otttoman: One of the mm's favourite tricks is to drop the pps as much as possible ahead of good news! They had some help yesterday courtesy of ARCA but appeared to be lining up to run MOTG around 1pm today(news was expected to hit during the market hours) Sadly the PR was delayed 'til after hours so the manipulators had an easy time dropping it into the close. Tomorrow should be interesting but the main thing for me is that we know longer have any doubts!

Valuation models can now be easily ascertained...we've got InMarketing signed sealed & delivered...which means close to $23 million in yearly revenues & a tiny 47 million O/S

All JMO glty
 
Posted by WarpedMind on :
 
Traditionally, is there a sell off before Christmas and New Year's, similar to the typical Friday sell-off?
 
Posted by emich25 on :
 
On August 10, 2005 we entered into a Letter of Intent to acquire 51% of InMarketing Group for an aggregate price of $2,000,000 under a Stock Purchase Agreement. No material relationship exists between the parties, other than in respect of the Agreement. The Purchase Price to be paid as follows: $1,000,000 to be paid in cash and $1,000,000 to be paid in the form of a Convertible Debenture. The purchase price will be adjusted on reasonable terms specified in the Definitive Agreement pursuant to a pro rata adjustment predicated on a profitable $11,000,000 in revenues for 2005 generated by the InMarketing subsidiary. We will have an option to purchase the remaining 49% of InMarketing as part of the agreement. This transaction is under final closing as of this filing. On August 15, 2005 we issued 500,000 common shares to the shareholders of InMarketing Group as a good faith non-refundable deposit towards the purchase price of InMarketing Group. This stock issuance was valued at $23,500 and is included in other assets at September 30, 2005. If we cannot come to a binding agreement with the shareholders of InMarketing Group regarding the purchase of their shares, we will expense the value of the shares that have been issued to them.
 
Posted by emich25 on :
 
People were wondering how much this would cost and what kind of dillution to expect well the dillution has already been factored sice we used 1.5 mil at least 1mil of that than there is the cd for 1mil dollars. Remember that is a cd so the higher the sp the less shares so at .10 we would be looking at 10mil shares .20 5mil you guys get the picture....the higher are shareprice the less this costs us in shres so remeber that....
 
Posted by dooglearchie on :
 
quote:
Originally posted by WarpedMind:
Traditionally, is there a sell off before Christmas and New Year's, similar to the typical Friday sell-off?

WM: People tend to sell their losers to offset their capital gains in the entire month of December...with MOTG I believe anyone who wanted out has already got out. Now that InMarketing is closed there's no more speculation that this deal was going to fall through. If anything this sends a clear signal that Welch will be delivering an even bigger fish real soon!!!

All JMO
 
Posted by RM on :
 
It really doesn't take a rocket scientist to figure out this is undervalued. $22.5 million in revenues. The market cap is a little over 2 million! This is ridiculous! Check out this quote, the most promising quote in any of the PRs in my opinion:

quote:
The company's current growth pattern anticipates positive Earnings-Per-Share within the coming year.
I already own a large portion of this in my trading portfolio and my IRA is maxed out in MOTG. Trust me, I never talk like this about companies unless I know I'm right.

Good trading, and good luck.
 
Posted by BigBuyer100 on :
 
Does anyone have the sysmbol of the last company that welch worked for?

I'm Doing some serious Due. I'll post later tonight on what I came up with.
 
Posted by BigBuyer100 on :
 
Forget it. Just got it myself. thanks.
 
Posted by emich25 on :
 
Guy I am not asking anyone here to pump this company that is not my intention but please if you invest in other stock invite them to this board. I looked at R
B and saw that it has gone down hill. The fact is that they don't have Jag or myself to answer their questions. Such as how much does IMG cost...therefore I answered it here. Look at IMG's website and list of clientele. then ask yourself if this company were to come out on the otc today where would it trade...
At .05 we are ridiculously low.
So welch who has been questioned at times by myself and others came though and what he has told us was legitimate. They were waiting for the Q to be filed and that the Q held up alot of things..Just look back and see the pop we got at the announcement of IMG. Read the last 10-k where it shows that we did rev's of around 4mil with assets of 6.8mil...
On a proforma basis we are at 22.5mil and the only reason why it has to be proforma is because of when we aquired the companies....Soundcity made 11mil last year and IMG has rev's of 11.5 that is 22.5mil in revenues...with a os of 47mil...
On another note who nocked down my member rating?
No hard feelings
 
Posted by emich25 on :
 
that should read guys...
 
Posted by trade04 on :
 
No more doubting from this point foward from me lol
 
Posted by Tape worm on :
 
Thanks for all the info everyone.
 
Posted by Katrina7 on :
 
Hey gang-just found this thread---maybe a courtesy note on the other thread to come here. I'll go post it.

Is anyone else surpised that there are still mms on the bid in the 4s? I would think we should be looking at a nice gapper tomorrow.

The motg news is not on my Ameritrade streamer, or on my news, either. what gives?
 
Posted by dooglearchie on :
 
Scanned the ragingbull board...those guys that are speaking negatively don't even know that MOTG's fiscal year end is June 30th!!!

I mean come on...I'm all for open discussion but they seem to think this closing date of InMarketing means that the entire $11.5 million is pro-forma only!

This acquisition has now officially closed in MOTG's 2nd quarter & if the big rumoured $40 million Nazdaq company acquisition & ensuing statutory merger closes this month or at worst very early in the new year we're undervalued to the extreme IMO!!!!
 
Posted by binsleep on :
 
Kat,

Ameritrade has been sucking with MOTG news. I've got a trouble ticket open with them about it, but so far, they haven't taken responsibility for it. [Frown]
 
Posted by dooglearchie on :
 
quote:
Originally posted by Katrina7:
Hey gang-just found this thread---maybe a courtesy note on the other thread to come here. I'll go post it.

Is anyone else surpised that there are still mms on the bid in the 4s? I would think we should be looking at a nice gapper tomorrow.

The motg news is not on my Ameritrade streamer, or on my news, either. what gives?

kat: They probably won't move until just b4 tomorrows open. I believe that the mm's were gearing for a run today just b4 1pm but when the news got delayed they slowly backed away all afternoon.
 
Posted by Katrina7 on :
 
Bin--I'll report it also!
 
Posted by dooglearchie on :
 
In light of the recent Harvey Electronics rumour I think it's only fitting to offer some speculative musings on WHY InMarketing's principals saw such a good fit with Welch & all he's attempting to accomplish!

Check this out: "INmarketing Groups client roster includes: Sharp Electronics, Nicklaus Golf Equipment, Sea Gull Lighting, Sealed Air Corporation, Waldbaums, A&P Supermarket, Bayer Diagnostics, and Snapple Beverages."

Notice who's on that list? Sharp Electronics! Now go read HRVE's recent PR's/filings & tell me you don't see yet another piece to this quickly assembling puzzle.

Again pure speculation on my part but I've always been of the belief that where there;s smoke there's fire!!!!
 
Posted by dooglearchie on :
 
"David J. Weiss and Andrew Perlmutter, Founders of INmarketing Group said, "We look forward to working with Modern Technology Corp and its family of companies to provide our loyal clients both the technological and pricing advantage they deserve. By expanding our distribution and integrating our systems, we will create new value and continue leading the Online Incentive Industry."

Sharp Electronics is a lot bigger than Harvey Electronics & our little upstart SoundCity...but think about it...we're only in MOTG's 2nd quarter & things are finally beginning to unfold. GLTA
 
Posted by WarpedMind on :
 
Doogle, please PM me right away.
 
Posted by dooglearchie on :
 
quote:
Originally posted by dooglearchie:
"David J. Weiss and Andrew Perlmutter, Founders of INmarketing Group said, "We look forward to working with Modern Technology Corp and its family of companies to provide our loyal clients both the technological and pricing advantage they deserve. By expanding our distribution and integrating our systems, we will create new value and continue leading the Online Incentive Industry."

Sharp Electronics is a lot bigger than Harvey Electronics & our little upstart SoundCity...but think about it...we're only in MOTG's 2nd quarter & things are finally beginning to unfold. GLTA

Not to mention the fact that if InMarketing's incentive program works for those clients mentioned like Snapple & Sharp then...well you know the rest...speculation's fun lol
 
Posted by WarpedMind on :
 
Doogle... PM me PM me PM me.
 
Posted by dooglearchie on :
 
quote:
Originally posted by WarpedMind:
Doogle, please PM me right away.

WM can you email me instead I didn't select that feature when I created this account:

jaguar_moon_35 (at) yahoo.ca
 
Posted by Tape worm on :
 
Read the recent press & do all the due...there's plenty of hints around as to how close the next acquisition is! $40 million in revs. on top of the current $22.5 million with a tiny O/S of 47 million...the man has begun delivering the goods...from todays PR:

-----------------------------------------------

With just this statement alone. It is hard to figure why this stock fell the last four days. Then why is it setting at .047. Hard to believe. I show with $22M and an O/S of 47M. The PPS should be at about .46. Heck you have GZFX setting at .0123 with an O/S of 1.2B and no profit. Go figure.
 
Posted by Goodones on :
 
MOTG will rock tomorrow and keep rocking for now on. Anybody reading these post here need to get on the MOTG bus real fast. This is the most undervalued stock on the OTC ever!
 
Posted by binsleep on :
 
The only thing I know about HRVE is that in early PR's related to Sound City, it was stated that SC's goal was to obtain market share from them, Circuit City, and Best Buy. Buying them out would be a nice way to take away market share [Smile]

But, that is just rumor. For now, let's stick to the facts. 11 mil in additional rev's. It is indeed a happy day!
 
Posted by WarpedMind on :
 
Email incoming jag.
 
Posted by WarpedMind on :
 
are you sure that email address is right? i got a message that the email has failed permanently.
 
Posted by dooglearchie on :
 
quote:
Originally posted by binsleep:
The only thing I know about HRVE is that in early PR's related to Sound City, it was stated that SC's goal was to obtain market share from them, Circuit City, and Best Buy. Buying them out would be a nice way to take away market share [Smile]

But, that is just rumor. For now, let's stick to the facts. 11 mil in additional rev's. It is indeed a happy day!

I agree, got to stick to facts but speculation is fun. HRVE has no shareholder liquidity & revenues of approx. $40 million. If not for that deleted yahoo post no-one on these boards would've guessed them as the rumoured NAZ co. acquisition candidate lol. Ok enough with the speculative musings but man these jigshaw puzzles are fun:)
 
Posted by dooglearchie on :
 
quote:
Originally posted by WarpedMind:
Email incoming jag.

Make sure you do .ca not .com ok

Just cut & paste this and then fix the (at) part

jaguar_moon_m35(at)yahoo.ca

(at) = the symbol thingy
 
Posted by WarpedMind on :
 
Yeah. I did...

This is the message I got:

Delivery to the following recipient failed permanently:

jaguar_moon_35 AT yahoo.ca
 
Posted by dooglearchie on :
 
WM it's the right address & is working...not sure what's wrong...am I able to edit my profile here to allow pm function? Or do you have a generic email addy like hotmail et al you don't mind posting?
 
Posted by binsleep on :
 
Jag, you should be able to edit your profile
 
Posted by WarpedMind on :
 
bin, can you fill doogle in? You know what it's about. (I have to step away for a little)
 
Posted by dooglearchie on :
 
quote:
Originally posted by WarpedMind:
Yeah. I did...

This is the message I got:

Delivery to the following recipient failed permanently:

jaguar_moon_35 AT yahoo.ca

Hey WM....I just realized you forgot the m before 35 ok...try again if you're still around
 
Posted by dooglearchie on :
 
Thnx bin:)
 
Posted by binsleep on :
 
Jag, sent you an email
 
Posted by WarpedMind on :
 
ok doogle, I resent with the m in front of the 35.
 
Posted by Skyman on :
 
Well lets see, I would like to buy more tomorrow. I think it will gap up. So what's the best way to do this? Make a limit buy at a higher price than today's close? Market buy? Ouch! Suggestions?
 
Posted by binsleep on :
 
Sky.

How about you lend me some money, I'll buy in and pay you back after my ACH clears Ameritrade? [Wink]
 
Posted by emich25 on :
 
Well we have been rumored to be aquiring Harvey...I would like to see the pr on that. IMG was a huge step guys. They are a legitmate company that wants the advantages of being publicly traded...Secondly do you think that these guys would have signed if they thought we weren't going to the Nasdaq. What would be the incentive for them...Obviously they want to be part of a company that will be traded on the Nasdaq. Plus now that the aquisition is announced it should bring on some buying from their clientele and their people. It should say traded under the symbol MOTG pretty soon like Sound city does. Anyone who thinks hrve was a conicedence is kidding themselves. They are on the Nasdaq sm doing 40mil in rev's and make a profit...after aquisition cost so will we.....
 
Posted by dooglearchie on :
 
Out of here until late tomorrow afternoon...if someone feels so inclined, you might want to point out to the self-professed OTCBB experts on the MOTG Ragingbull board tonight that we're currently in MOTG's 2nd Q & we don't have the 8K on InMarketing yet. There's a lot that will be happening on the revenue front before MOTG's fiscal year end on June 30th 2006!!! The way they're yappin' over there tonight you'd think we weren't supposed to be a start up that just landed a very impressive acquisition with much more to come & a lot of time to get there!!!

All JMO GLTA tomorrow until I return
 
Posted by UTryan on :
 
hey Bin, Doog....shoot me an email. Fill me in too.... itshoskins at hotmail dot com
 
Posted by emich25 on :
 
I was reading RB and a poster said that our CEO was putting the cart before the carriage making bold revenue projections...Guys these aren't projections. If I go to company A and it is making 11.5mil dollars a year in revenue where is the projection. That is one of the reasons I don't post on rb. The arguments are so weak. Welch is making ridiculous revenue statements like EPYH. Remember that CEO came out after Katrina and pr numbers in the hundreds of miilions and at one point a billion...Welch has said rev's for 2005 would be at 22.5 which they are. He also said he is looking to aquire a Nasdaq stock and a company to add another 40-50mil in revenues. This is not a company that is hype like some would want you to believe. This company is all about performance. They look at companies and their performance and then they try to get them under the MOTG umbrella.
As far as the dillution cry I think we all know that it would at max be 10mil shares. Why would IMG convert at a low price though it would only hurt themselves. Now that they are part of Motg. Plus whatever IMG does from here out we are going to get news about that....
 
Posted by emich25 on :
 
should read welch isn't making

Plus how many otc out there do you know that are doing what we are doing
 
Posted by WarpedMind on :
 
Excellent posts emich.
 
Posted by emich25 on :
 
----------------------
Andrew Perlmutter
Co-Founder, INmarketing Group, Inc.

Andrew Perlmutter has focused more than 25 years of business experience into one goal since co-founding INm in 1998 - revolutionizing the incentive industry through cost-effective programs delivered online.

Perlmutter’s career began in the finance and auditing departments of GE and Kidde Corporation and moved to Ingersoll-Rand, a Fortune 500 Company. Perlmutter also held a national marketing position with Sharp Electronics.

The incentive industry called and Perlmutter answered in 1992, when he accepted a position with Lake Ridge Marketing, managing such accounts as Sharp Electronics and A&P Supermarkets. In 1996, Perlmutter met colleague David J. Weiss. Together, the two worked to develop and administer one of the industry’s first web-enabled incentive programs.

Andrew’s professional life is based on a deep belief in the principles of professionalism, service and delivery. With an eye toward the future, he seeks to capture the advantages of expanding technology to provide clients with unparalleled program organization, speed and product delivery.


Back to Top of Page


----------------------
David J. Weiss
President, INmarketing Group, Inc.

David J. Weiss spent more than 25 years in high-profile business development and administration before co-founding INm and becoming the company’s President.

Weiss’ career in the Apparel Industry spanned 20 years. During his tenures as Planning Director at Leslie Fay, Inc and as a president of Calvin Klein Jeans, he became interested in computers and network administration. In 1989 he purchased a designer dress company with a partner, designing and building a computer network to fully automate the entire apparel business.

Weiss eventually moved into electronics, accepting the position of Corporate Sales Manager for Nobody Beats the Wiz. While marketing that company’s electronics to corporations, Weiss became fascinated with the opportunities available in the incentive industry. He eventually pursued that interest by joining the staff of Lake Ridge Marketing, where he met future INm Partner, Andrew Perlmutter. A fan of the Internet from its early years, Weiss drew on his computer skills and online knowledge to co-design an online, database-driven, scalable challenges program with Perlmutter.

In 1998, Weiss took on the role of President when he and Perlmutter co-founded INmarketing Group, Inc. to specialize in the development and delivery of online challenges programs.


Back to Top of Page
 
Posted by emich25 on :
 
Do you guys think that it is a coincidence that these guys have such a large backgound in the electronics industry..Look at these history's do you really think they would put there reputation at stake buy getting involved with a "pump and dump"no.
They want what we want. We just got two great people to help us grow...Eventually people will take notice of this company look past the rev's and see the people that work for this company and their backgrounds.
All of these guys are in sales or technology or electronics...We have H-net software....IMG..incentive based sales...Sound City electronic sales and internet company...I think once people discover who we are we will rock..
Buy the way has anyone considered that there may be a investor awareness campaign. We did just sing up a great marketing company!
 
Posted by WarpedMind on :
 
Yeah, I was thinking the same thing emich. A company like IM is great to have in your back pocket when you have your fingers in several businesses.
 
Posted by binsleep on :
 
Emich,

I think someone on RB (it may have even been Jag), stated that AW had told them that he had a whole bunch of marketing material either ready to go or soon to be ready to pump the stock. Wouldn't surprise me if there was also something on the backburner with InM.

I agree, the leadership teams of these companies are top notch and driven. Modern's whole premise is to bring "synergistic" companies together under the MOTG umbrella. By wearing an MOTG jersey, these companies should gain exposure, market share, and additional resources from each of the sister companies.

The biggest factor for me, is that AW stated we will soon be positive earnings per share. Once we show a profit, the sky is the limit.

See you all in the AM!
 
Posted by trade04 on :
 
Jag didnt you say that welch had " no comment " when you asked him about harvey electronics?
 
Posted by BigBuyer100 on :
 
Great Material People. Keep it comming.
 
Posted by emich25 on :
 
What do you think he is going to say...Yeah he said that he could neither deny or confirm and that he didn't know where that came from.....but what is he going to say he can't say yes
 
Posted by DOG GUIDE on :
 
Great info from all!!, I am finally looking forward to the future of MOTG as all is falling in line to form a nice little conglomerate of integral business.
 
Posted by dooglearchie on :
 
Technically this acquisition hit at a great time. Today we should break out of the declining channel the delays & the 17 million dilutive shares created. I have to step out for the day but am hoping to be back prior to the close. GLTA & all JMO
 
Posted by dooglearchie on :
 
MOTG capital structure for sideliners:

A/S = 150 million shares
O/S = 47 million shares
Restricted shares held by CEO Welch = 13 million shares
Current trade-able float = 34 million shares

The share structure above is approx. to the nearest million and is current.

Of note: Just over 16 million shares have been added to the O/S this month from the SB2 investor conversions. From quick cursory math the SB2 investors have all but finished with their conversions in recouping their $1.5 million IMO. The warrant holders haven't registered any shares to sell & are waiting until a future date when the co. is on much better footing. The warrants carry a .40 cent strike price as well.

NITE was shorting MOTG all through november but quit shorting when the conversions began hitting the market this month. IMO the mm's have scooped up approx. 16 million dilutive shares this month at lower prices & should be ready to let the pps run to maximize their profits.

All JMO everyone must do their own due...glta
 
Posted by dooglearchie on :
 
quote:
Originally posted by trade04:
Jag didnt you say that welch had " no comment " when you asked him about harvey electronics?

Yes he did. But think about it...had he said...
"HRVE who?" Or "What the heck are you talking about?" Or "I don't know where those rumours started but they're completely false!" then we wouldn't have any cause to speculate right. His answer was specific. "I cannot comment" It reminded me of David Weiss' reply when I asked him if InMarketing was in fact being acquired by InMarketing:)
 
Posted by WarpedMind on :
 
quote:
Originally posted by dooglearchie:
[QUOTE] It reminded me of David Weiss' reply when I asked him if InMarketing was in fact being acquired by InMarketing:)

Boy, that would be some trick, huh? [Big Grin]
 
Posted by dooglearchie on :
 
Man I wish I didn't have to leave this morning!!! Talk about an impressive Level II line-up!!!! Getting better every minute!!! Can you say GAPPER!!!!!!!!!! Have a grrrrrrreeeeeaaaaatttttttt day all...save some partying for me plz!!!!
 
Posted by dooglearchie on :
 
.054 X .055 at 9:10am with only 5 left 'til .08 cents.
 
Posted by DOG GUIDE on :
 
Doogle...You are invited to the bonfire.
 
Posted by dooglearchie on :
 
.055 X .0575!!!
 
Posted by Katrina7 on :
 
morning all-

getting on a plane this am. Nice gapper this morning. Hope everyone makes a bundle today.

Kat
 
Posted by trade04 on :
 
GOOOOOOD MORNIN'!!!
 
Posted by stocknut2006 on :
 
anybody with LII?..how's the bid looking, is there just one MM sitting high on the bid, and the rest far behind ? TIA
 
Posted by binsleep on :
 
Everyone got their safety belts on? [Big Grin]
 
Posted by emich25 on :
 
.057 x .058

nite is at .06
 
Posted by stocknut2006 on :
 
300 signal ???
 
Posted by stocknut2006 on :
 
yep a 300 signal and the bid and ask drop...lol
 
Posted by trade04 on :
 
SLOW AND STEADY BABY
 
Posted by Goodones on :
 
This looks very nice.
 
Posted by WarpedMind on :
 
Woo hooooo! We're finally breakin' out boys and girls!

There is no better time than the present for...

the RALLY MONKEY! Come on everyone, JUMP!

http://www.rallymonkey.com/video/kenindex.swf
 
Posted by binsleep on :
 
I'm jumping like a clown on a pogo stick Warped!
 
Posted by tech1 on :
 
We'll be setting off some volume alerts pretty soon.
 
Posted by WarpedMind on :
 
.015 move on 912k volume. Now THAT'S what I'm talkin' about!

Kat, Al, wish you were here. WHG where are you?!!! Is Costa Rica in the houuuuuuse???!!!!
 
Posted by Goodones on :
 
NOBODY IS SELLING!!!
 
Posted by WarpedMind on :
 
Huge spread now. Are the MMs trying to slow things down?
 
Posted by MovingUp on :
 
Good Morning all,

Holy cow, I go do some real work for a day and boy have you all been busy.
Good Job

I found the INmarketing News over on in case anyone is interested http://www.stockhouse.com/news/news.asp?newsid=3048633&tick=MOTG
 
Posted by emich25 on :
 
it shows you the manipulation it is ever constant
 
Posted by trade04 on :
 
I got some Christmas shopping to finally finish, im comfortable enough to leave this stock-house lol see you all in a bit
 
Posted by WarpedMind on :
 
Ok, fellers... I just saw someone take some major profit.

PEOPLE. It's your own business, but if you can resist, we have a very strong support group. If we don't sell, the demand will go up as will the price.

Try not to sell. Let the baby run a little.

Just my two cents.
 
Posted by emich25 on :
 
I don't know about any of us taking a huge profit most of us bought in the high 5's or low 6's...I am coming up on break even
 
Posted by Katrina7 on :
 
hey guys

LISTEN UP:

This is total bs. It just took me a half an hour to buy another 175k. I had my offer in at .065 for ten minutes even after they dropped the ask to .06 and NITE wouldn't sell to me. ETRADE wouldn't sell.

This is total manipulation. They are trying to shake as many shares free as they can. Hold onto your shares. We will be at .08 in no time.
 
Posted by Katrina7 on :
 
Have a great day eveyone....heading for the airport. Check ya'll in L.A.!

Kat
 
Posted by WarpedMind on :
 
See ya kat!

Thanks for reminding us that this is just a shake.
 
Posted by WarpedMind on :
 
Three Star General WarpedMind walks onto the dark auditorium stage. A spotlight shines on him, as the audience settles in their seats...


"Be seated.

I want you to remember that no trader ever won a stock play by sell his stock early. He won it by making the other poor, dumb trader sell his stock early.

Men, all this stuff you've heard about traders not wanting to play the pennies, wanting to stay out of the OTCBB is a lot of horse dung. MOTG Traders, traditionally, love to trade. All real traders love to watch the Rally Monkey dance.

When you were kids you all admired the champion marble shooter, the fastest runner, big league ball player, toughest boxer. MOTG Traders love a winner and will not tolerate a loser. MOTG Traders play to win all the time. I wouldn't give a hoot in hell for a man who lost and laughed. That's why MOTG Traders have never lost and will never lose a trade, because the very thought of losing is hateful to MOTG Traders.

Now, the MOTG shareholders are a team. It lives, eats, sleeps, fights as a team. This individuality stuff is a bunch of crap. The bilious bashers who wrote that stuff about individuality for the Raging Bull don't know anything more about real trading than they do about fornicating.

Now we have the finest chocolates, whips, metros, and the best darn triangle player in the world. You know, by golly I, I actually pity those poor market makers we're going up against, by golly, I do. We're not just going to shoot the stupid MMs; we're going to cut out their living guts and use them to grease the treads of our gas guzzling Hummers. We're going to murder those lousy NITE scum suckers by the bushel.

Now, some of you boys, I know are wondering whether or not you'll chicken out under the MM shakedowns. Don't worry about that. I can assure you that you will all do your duty.

The Market Makers are the enemy. Wade into them. Spill their blood. Shoot them in the belly. When you put your hand into a bunch a goo that a moment before was your best friend's face, you'll know what to do.

Now there's another thing I want you to remember: I don't want to get any messages that we are holding our position. We're not holding anything. Let the QBID traders do that. We are advancing constantly and we're not interested into holding onto anything except the enemy. We're going to hold onto him by the nose and we're going to kick him in the ass. We're going to kick the hell out of him all the time and we're going to go through him like crap through a goose.

Now, there's one thing that you men will be able to say when you get back home. And you may thank God for it. Thirty years from now when you're sitting around your fireside with your grandson on your knee, and he asks you what did you do in the great MOTG run to NASDAQ? You won't have to say, "Well, I shoveled poop in Louisiana. "

Alright, now you MOTG Traders, you know how I feel. I will be proud to lead you wonderful guys into this stock play anytime, anywhere.

That's all."


 -

[ December 21, 2005, 10:51: Message edited by: WarpedMind ]
 
Posted by BigBuyer100 on :
 
Looking Good All. We should get over the .07 barrier today.
 
Posted by BigBuyer100 on :
 
Warped. I couldn't say it better myself. [Smile]
 
Posted by binsleep on :
 
Warped,

I think I just wet my pants.

-bin
 
Posted by binsleep on :
 
Anyone pinged AW to see if there is, perhaps, more news in the works?
 
Posted by emich25 on :
 
i would like to think that this is the begining of a nice uptrend
 
Posted by trewblue on :
 
too frickin funny warped...lol
 
Posted by WarpedMind on :
 
I don't expect anything but fluff (to give traders something to chew on while they wait) until our big deals are done. Being done by New Year's is possible, but not probable. Let's just hope this baby keeps going for a little while.
 
Posted by binsleep on :
 
I'm hoping it keeps going until it's time to retire! [Wink]
 
Posted by caym2k on :
 
I won't be happy until we reach back to .09 at least.

All of this pain was because of our diligent and efficient 'auditors', who did everything to delay the filings, gave the sb2 owners a chance to dilute, and allowed the shorts to escape unscathed.

Welch must dump these snails before the next q.
 
Posted by stocknut2006 on :
 
why are we back at 0.058?????? fu(kin MM's!!
 
Posted by WarpedMind on :
 
Stocknut... put down the computer slowly and back away...
 
Posted by emich25 on :
 
I wouldn't be surprised if we poped up on the sho list after today...
 
Posted by MB on :
 
NO VOLUME PEOPLE...THAT IS OUR PROBLEM...NO NEW $$$ COMING IN...WE NEED TO GET NOTICED...i think the next aquistion will do that then this thing snowballs....
 
Posted by WarpedMind on :
 
** scratching my head **

Is that it?
 
Posted by DOG GUIDE on :
 
Gen. Warped....Thank you, that is the best thing I have read on here or the 103 pages of the long forgotten motgE thread. Destined to be a classic repeated in the halls of Wall Street in regards to many stocks in the future. I am Advancing SIR!!
 
Posted by binsleep on :
 
By far my favorite part of your post Warped:


quote:
Originally posted by WarpedMind:

We're not just going to shoot the stupid MMs; we're going to cut out their living guts and use them to grease the treads of our gas guzzling Hummers. We're going to murder those lousy NITE scum suckers by the bushel.


 
Posted by WarpedMind on :
 
Just make me proud, boys. Make me proud.
 
Posted by WarpedMind on :
 
How are we stacked on L2 guys?
 
Posted by caym2k on :
 
No new money is coming in because Welch lost confidence to some investors, thanks to the eternal delays in filings.

I pointed this problem several times in RB. Welch tries to run before he can walk. It is not time to think about Nasdaq. Getting timely filings is more important than impressing the Nasdaq board.
 
Posted by WarpedMind on :
 
Do you think this is about it for action today? I sure hope not.
 
Posted by emich25 on :
 
20min and no trades... please...
 
Posted by UTryan on :
 
caym,
I agree with you that some investors have lost some confidence. HOWEVER.....you must begin ANY project in life with then end in mind. You must at least think about where you ultimately want to be, and coordinate all your efforts to get there. That doesn't mean that you can jump to your feet and immediately run, but if you're not thinking "How is walking going to help me to run" then you'll never get there. There will always be set-backs. That happens all the time. But if you look at the overall picture, I think that Welch is putting all the pieces together as well as he can.
 
Posted by BigBuyer100 on :
 
quote:
Originally posted by caym2k:
No new money is coming in because Welch lost confidence to some investors, thanks to the eternal delays in filings.

I pointed this problem several times in RB. Welch tries to run before he can walk. It is not time to think about Nasdaq. Getting timely filings is more important than impressing the Nasdaq board.

This has Nothin to do with the late filings. 2 late filings and NO News and over 10 million added to the float only Brought this stock back to where I bought it orginaly.

You really need to research this company more.
 
Posted by emich25 on :
 
So what is your take big buyer?
 
Posted by WarpedMind on :
 
quote:
Originally posted by UTryan:
caym,
I agree with you that some investors have lost some confidence. HOWEVER.....you must begin ANY project in life with then end in mind. You must at least think about where you ultimately want to be, and coordinate all your efforts to get there. That doesn't mean that you can jump to your feet and immediately run, but if you're not thinking "How is walking going to help me to run" then you'll never get there. There will always be set-backs. That happens all the time. But if you look at the overall picture, I think that Welch is putting all the pieces together as well as he can.

I agree with you on your approach, but unfortunately, if others don't think that way, the shares still suffer.

I hope Welch can pull all this together soon, so that the people who don't have foresight can see something tangible. I believe Welch is doing all he can... and if you think about, he's really doing an incredible job. With this acquisition and others in the near future, as well as taking care of other companies such as DMES, I'm starting to wonder if he ever sleeps! We can be very critical, but it is one tough job he's running.

I hope our support builds back up soon.
 
Posted by caym2k on :
 
*Bigbuyer:

NO news is DIRECTLY related to the late filings. Because no news would do any good while this company had the E at its end.
 
Posted by BigBuyer100 on :
 
My take. Hmmm Well. First you have more MM'S comming on this BID to accumalate. This stock is up 25% today with more volume this a.m. then there is ussual in a hole day. I beleive this will be a gradual Rise Up, Stopping people from Day trading it.

This Biggest Increase will come when they annouse there intention on who they merge with to get listen on the Nasdaq.If this thing just ran up 100% too 300% in 1 day, How many people will be Holding? Not many. IMO


Just Look at the Float. Very small, in comparsion to other stocks. This will be a gradual move up. IMO.
 
Posted by emich25 on :
 
r they trying to fill the gap
 
Posted by binsleep on :
 
You also have to take into consideration that this is a relatively new company. It's not very well known yet. I emphasize YET.

There are a lot of us here who are in for the long haul, and have been spending time developing our positions. A good majority of us are out of money and can't spawn new buying (or are waiting for Ameritard to clear our ACH's!).

It will take time for everything that is in the pipeline to unfold and deliver the picture that Welch has painted for us. If you're here for quick, fast runups, then best of luck. If you have the conviction to hold onto your shares, you will be rewarded in the long run.

IMO, I think we'll only see small gains until:

1) We show positive EPS on an SEC filing
2) An announcement is made with precise plans for listing on a major exchange
3) Warped uses NITE as thread grease [Smile]

I believe Welch is doing a fantastic job. In only 1 short year, he has delivered us three companies with a total of over 20M in revenues. At the same time he has mangaged to keep the O/S count to an absolute minimum.

Next year is going to be HUGE for MOTG.

Patience is key on this one, people. Mr. Welch has been very busy lining things up. Empires are not built overnight.

-bin
 
Posted by caym2k on :
 
I mentioned this in rb too, but going back to .09 is just like going back to Bataan, back to where it had started.
 
Posted by BigBuyer100 on :
 
quote:
Originally posted by caym2k:
*Bigbuyer:

NO news is DIRECTLY related to the late filings. Because no news would do any good while this company had the E at its end.

No. Now you are intentionaly Holding back News because of the late filings, which is wrong. They closed the deal after the e came off. They only put a down payment down on InMARK When the E was On.

If they were holding back news because of the E then you would have seen a FLURRY of news comming out on this stock.


No. It is a GRADUAL MOVE UP. Welch is thinking Big and he wants to do the right thing. Other then Filing late I havn't seen a mistake on his part yet. Good acquisitions a good start plan and will see what comes. IMO
 
Posted by Tape worm on :
 
I am for now watching this stock. Up gap this morning. Now falling back. For the L11 people here it is:

Bid
1 at .053
1 at .051
1 at .05
Rest .014 and down

Ask
2 at .055
Rest at .064 and up
 
Posted by WarpedMind on :
 
BB, Bin, good points.
 
Posted by emich25 on :
 
We did see a flurry of news...IMG is a done deal. I think alot of it has to do with the otc sucking right now..and that we have 4 days before xmas and the new year is coming...I think Jan we will really move because that is when the Nasdaq play will come...
 
Posted by emich25 on :
 
I would also rather see a gradual rise than a spike and collapse. I think the mm's are getting as many sahres as possible we have new mm's sacm who is that. anyhow i was execting more today but 25 percent isn't bad
 
Posted by nystateofmind on :
 
Not sure if this is at all related but as some of you may know, the MTA subways/busses in NYC are on strike for the second day now. The city is a mess and few can even make it to work.
 
Posted by BigBuyer100 on :
 
The Thing to watch is the Bashing. More Bashing means that the MM'S are getting inpatient and nervious. RB Board is where they Live.
 
Posted by MovingUp on :
 
It seems like the best move will come after the move to the Nasdaq. That should put an end to mm games.
 
Posted by BigBuyer100 on :
 
The MM's will always be there too mess around But it will not be as much. If/When it goes to the Nasd. Thats when the Big Boys will accumalate to hold long term and that is what we need.

We will also have analysts Covering MOTG and Giving There Buy/Sell/Hold RECS.
 
Posted by Aldeberon on :
 
Hey guys and girls!

Checking in from a public library cpu on the east coast.

First of all, WTF???????!!!!!!!!!! .055??????!!!

I thought we were going AT LEAST to .07 on Inmarketing news! What is this crap?! You're right, someone said NITE is shorting that is the ticket imo. He will walk it down to support and then we will see a huge runnup after they have covered their shorts imo. But seriously...

We waited for the 10K to come before "the run," then we were waiting for the 10Q to come "before the run," then we were waiting for the Inmarketing announcement "before the run," now we're waiting for Nasdaq "before the run?" Geez I'm not feeling very happy about that. I hope NITE gets it figured out soon and lets this puppy go soon.

Anyway, hope you guys are good. I'll try to check in when I can. Holding long and strong [Big Grin]

Be good.
 
Posted by emich25 on :
 
We are up 17percent I am waiting for this to finnaly dawn on people that this is a good stock with alot going for it. It may be a while. Also understand that volume in the next two weeks will be ugly because most are on vacation...or tax loss selling and don't want to buy untill the new year
 
Posted by trade04 on :
 
You know what i just remembered our fisal year ends in june, so 50-75 million in profitable revenues is VERY probably. In the pr it says we will get positive earnings per share. i say 1.00 by JUNE!

still holding long and strong
 
Posted by trade04 on :
 
quote:
Originally posted by Katrina7:
hey guys

LISTEN UP:

This is total bs. It just took me a half an hour to buy another 175k. I had my offer in at .065 for ten minutes even after they dropped the ask to .06 and NITE wouldn't sell to me. ETRADE wouldn't sell.

This is total manipulation. They are trying to shake as many shares free as they can. Hold onto your shares. We will be at .08 in no time.

same thing happened to me yesturday i had an order * 49 they didnt fill me until they brought the ask down, mms are scrambling for shares imo, as long as volume is low they will do this. we need a constant stream of volume imo
 
Posted by stocknut2006 on :
 
very strange how penny stocks move...you have companies with no products, no revenues, 500M o/s some with billions, lying CEO's, companies that do reverse splits every 6 months.....and yet they trade millions of shares and have higher PPS than us.

We've been waiting for 2 months for this deal to finalize and we were all thinking we would at least be close to 0.07-0.08...but we're at 0.055 unbelievable

If we add 11M in revenue and we don't go much higher than this, what kind of deal will make us move ?????? what will make investors notice us?? 20M+ in revenues with a 47M O/S at 0.055 WOW! and if we're all waiting for that NASDOQ deal, how long will it take, and how low will they take us before we get it ??

someone said NITE is shorting....he's not, he got his hands on millions of shares the past 2 weeks...he can just sit there and sell them all now, and then he'll probably start shorting.

hopefully we can stay above 0.05.
 
Posted by trade04 on :
 
stocknut, i think when deep pockets start to notice us, they will start to buy up the float, none of us are heavy buyers we need, need 1 mill plus buyers coming around...
 
Posted by BigBuyer100 on :
 
Hey Trade. I was Just going to post a reply to that post made by KAT.

I thought she was Broke. How come she didn't buy in the low 5's or even 4's the other day.
 
Posted by Skyman on :
 
According to Peter Lynch it takes a future increase in net assets and net earnings per share of outstanding stock. The increase can be hard numbers or the public's perception of same. I agree.
 
Posted by WarpedMind on :
 
quote:
Originally posted by trade04:
stocknut, i think when deep pockets start to notice us...

IF they ever start to notice us. [Frown]
 
Posted by trade04 on :
 
Warped let me tell you a little story its about a tiny seed that grew to be.....lol jk..
 
Posted by DOG GUIDE on :
 

 
Posted by stocknut2006 on :
 
looks like everybody left...or everybody in shock or something....hummmm
 
Posted by WarpedMind on :
 
Alot of us are disappointed I think. We were hoping it would have run. I for one am just getting tired. I know this is a good company, but I'm just tired of waiting. Sigh.

Come on Anthony, give us something fantastic soon.
 
Posted by trade04 on :
 
Here comes santa clause (come on everyone) here comes santa clause right down santa clause laneeeeeee lol
 
Posted by stocknut2006 on :
 
it's not the company....but seems like the MM manipulation + late fillings + some dilution for acquisitions and lack of new investors is the problem right now.

the ASK keeps going down, who could be selling this low ? I mean come on..we are almost at 0.05, except for MM manipulation again...fu(k I hate maket makers!!!
 
Posted by WarpedMind on :
 
Heh. I'm starting to wonder if we'll even close green today.
 
Posted by trade04 on :
 
I think we will close green...
 
Posted by caym2k on :
 
A lot of people will leave because of all these boredom.

As for me, I won't leave until I see my desired price.
 
Posted by binsleep on :
 
Anyone close to the Mr. Welch who can get his feelings on all of this? I'm just curious as to what his perception of things are.
 
Posted by binsleep on :
 
Also, doesn't there need to be an 8K filed for the InM deal at some point?
 
Posted by stocknut2006 on :
 
who's on the ask ? tia
 
Posted by emich25 on :
 
az are you around today call if you r
 
Posted by emich25 on :
 
nite who else
 
Posted by tech1 on :
 
9205 was my bid.
 
Posted by Tape worm on :
 
NITE is on the ask and bid. Ask .053 Bid .051.
 
Posted by WarpedMind on :
 
FYI, MOTG is closed for the holidays and won't be open until Monday.

Dagnabbit.
 
Posted by WarpedMind on :
 
quote:
Originally posted by binsleep:
Also, doesn't there need to be an 8K filed for the InM deal at some point?

Heh. We know that'll be filed on time. [Big Grin]


BTW, I think my Rally Monkey is dead. Come on little guy... wake up. Wake up! WAKE UP!!!

NOOOOOOOOOOOOOOO!

* cue in emotional music *
 
Posted by cpz on :
 
I think this situation definately calls for EMO oranges.

http://emooranges.ytmnd.com/
 
Posted by trade04 on :
 
quote:
Originally posted by cpz:
I think this situation definately calls for EMO oranges.

http://emooranges.ytmnd.com/

ROTFLMAOOOOOOOOOOOOOOOO! AHAHAHAHAHAHAHAHAH!
 
Posted by stocknut2006 on :
 
unbelievable!!!!! 0.046...someone call the cops!!
 
Posted by stocknut2006 on :
 
unbelievable!!!!! 0.046...someone call the cops!!
 
Posted by trade04 on :
 
Guess a correction was due, should go up now that we filled the morning gap imo
 
Posted by emich25 on :
 
they are filling the gap unbelievable that they would do that....they have held this down and now they walk it down on no volume to fill the gap...look this was 2.3mil at 1pm since 600k shares took us down to .048 from .058....
 
Posted by binsleep on :
 
You know, everytime Kat is missing, we tank. Then she comes back and yells at us for not holding the fort [Smile]

Looks like we're not doing much to help our credibility today either Ladies and Germs.

I know....let's blame tech!

Tech, you out there buddy? [Smile]
 
Posted by tech1 on :
 
I tried, Bin. Bought 9205 at the ask, back when the ask was 53.
 
Posted by binsleep on :
 
Maybe they're waiting for my ACH to clear too? [Smile]
 
Posted by dooglearchie on :
 
I'm back! What a day I see! .052 X .053 hmmmmm
 
Posted by dooglearchie on :
 
Question: when we hit .065 does ne1 know which mm drove us all the way back down?
 
Posted by trade04 on :
 
look on the bright side we closed half a cent green lol see you all tomorrow
 
Posted by OhhhYeah on :
 
This sucks
 
Posted by stocknut2006 on :
 
quote:
Originally posted by dooglearchie:
Question: when we hit .065 does ne1 know which mm drove us all the way back down?

i don't have real time L2, but i'll bet my right lung it was NITE!!!
 
Posted by kywee on :
 
i was surprised that there was another thread...did the many pages of pumping get annoying on the last one?
 
Posted by dooglearchie on :
 
quote:
Originally posted by kywee:
i was surprised that there was another thread...did the many pages of pumping get annoying on the last one?

This thread was created by MOTG longs to reflect more current views. I don't know if the last thread was annoying but reading your post sure was lol
 
Posted by dooglearchie on :
 
Clearly Welch is busy trying to wrap up the $40 mil acquisition these days...but the action today was a disappointment. IMO only it appears that once the wave of buy pressure ran into some retail sell pressure above .06 the buyers decided to step back & see where the pps would go.

It's surprising to me that retail sellers would sell on the way down but it is december & if someone was in the red here...& disappointed...it's pretty easy to bail for the tax loss.

I'm still holding because I believe the big acquisition is close. I don't mind holding this well into the new year as long as the big acquisition is delivered. Right now that's the only reason I'm still here!

I do think it's time for Welch to consider a promotional campaign. He did just announce the InMarketing acquisition after all & if the rumoured big acquisition is as close as it appears then a promotional campaign only makes sense.

I hope the core holders aren't too frustrated...I'm the 1st one to admit that today was a real drag but viewing things objectively there's still a tremendous opportunity for dramatic fundamental growth near term here. Todays sellers were few but when the buyers dry up it's easy to drive the pps back down.
 
Posted by DOG GUIDE on :
 
time for the SEC complaints. Links on the DIAAF thread.
 
Posted by dooglearchie on :
 
Emerging Stock Report: Growing Acquisitions

M2 Communications via COMTEX


Dec 21, 2005 12:21:45 PM

Dec 21, 2005 (M2 PRESSWIRE via COMTEX) --

The Emerging Stock Report is initiating coverage on Modern Technology Corp (OTC BB: MOTG) up 27% today on news that it has acquired 51% of INmarketing Group, Inc.

This new subsidiary adds an estimated $11.5 Million in 2005 revenues and a projected additional $14 Million in revenues for 2006. INmarketing Group generated $8.7 Million in revenues in 2004 and generated $5.8 Million in revenues in the first half of 2005.

Founded in 1982, Modern Technology Corp is a diversified technology development and acquisition company. MOTG commercializes 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 acquisitions of emerging technology or acquiring companies capable of benefiting from technology infrastructure enhancements or new product lines.

The latest acquisition adds to Modern Techs portfolio of companies. MOTG owns a $1.5MM Convertible Debenture in DeMarco and has rights to all of DeMarco's patents and technology under the terms of the debenture. Demarco Energy Systems is a public company (Symbol: DMES) that manufactures energy saving geothermal heating and cooling systems for which it owns the patents. Sound City, Inc. is a leading consumer electronics company with over 900,000 customers across the U.S. Sound City markets audio and video solutions for home and mobile environments, including the fastest-growing HD-TV, Plasma and LCD segments. MOTG owns 100% of the H.NET technology and software assets. H.NET is a global digital solutions provider for the Vision Care industry.

Ian Birrell

The Emerging Stock Report profiles emerging growth companies and brings them to the attention of the investment community ahead of the market providing concise analysis and resources required in determining when a stock appears poised for growth.

Get a Complimentary Subscription at www.*********************** Subscribers have access to investment research reports, tools for tracking and analyzing, current news, detailed company profiles and ESR "E-Alert" Services. ESR produces comprehensive, timely and dependable research available on the Internet.

Safe Harbor
 
Posted by dooglearchie on :
 
quote:
Originally posted by dooglearchie:
Emerging Stock Report: Growing Acquisitions

M2 Communications via COMTEX


Dec 21, 2005 12:21:45 PM

Dec 21, 2005 (M2 PRESSWIRE via COMTEX) --

The Emerging Stock Report is initiating coverage on Modern Technology Corp (OTC BB: MOTG) up 27% today on news that it has acquired 51% of INmarketing Group, Inc.

This new subsidiary adds an estimated $11.5 Million in 2005 revenues and a projected additional $14 Million in revenues for 2006. INmarketing Group generated $8.7 Million in revenues in 2004 and generated $5.8 Million in revenues in the first half of 2005.

Founded in 1982, Modern Technology Corp is a diversified technology development and acquisition company. MOTG commercializes 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 acquisitions of emerging technology or acquiring companies capable of benefiting from technology infrastructure enhancements or new product lines.

The latest acquisition adds to Modern Techs portfolio of companies. MOTG owns a $1.5MM Convertible Debenture in DeMarco and has rights to all of DeMarco's patents and technology under the terms of the debenture. Demarco Energy Systems is a public company (Symbol: DMES) that manufactures energy saving geothermal heating and cooling systems for which it owns the patents. Sound City, Inc. is a leading consumer electronics company with over 900,000 customers across the U.S. Sound City markets audio and video solutions for home and mobile environments, including the fastest-growing HD-TV, Plasma and LCD segments. MOTG owns 100% of the H.NET technology and software assets. H.NET is a global digital solutions provider for the Vision Care industry.

Ian Birrell

The Emerging Stock Report profiles emerging growth companies and brings them to the attention of the investment community ahead of the market providing concise analysis and resources required in determining when a stock appears poised for growth.

Get a Complimentary Subscription at www.*********************** Subscribers have access to investment research reports, tools for tracking and analyzing, current news, detailed company profiles and ESR "E-Alert" Services. ESR produces comprehensive, timely and dependable research available on the Internet.

Safe Harbor

Ok so we did get picked up,,,a start at least
 
Posted by dooglearchie on :
 
************.com: ************.com announces stocks on the move for 21 December 2005

M2 Communications via COMTEX


Dec 21, 2005 10:26:18 AM

Crumpler, NC., Dec 21, 2005 (M2 PRESSWIRE via COMTEX) --

************.com has compiled a short list of stocks on the OTCBB and Pink Sheet markets that are performing well today.

As has been the case on the OTCBB and Pink Sheet exchanges, there is little follow through from one day to the next on individual stocks. The general feeling among many traders is that the market needs to turn around and start performing otherwise traders might leave the pennies and beginning trading larger issues. But for today news is moving a couple of stocks; Paragon Financial Corporation (OTCBB: PGNF), a consolidator in the highly fragmented financial services marketplace, announced today that it has reached an agreement with Mr. Matthew Robinson, one of the company's early investors, to convert approximately $1.6 million of existing debt into Paragon's common stock. Mr. Robinson recently purchased the debt from Paragon's former PGNF Home Lending Corp. subsidiary. PGNF is up sharply on this news, trading at .155, up .11 on volume of 570,000 shares. Also news is moving Applied DNA Sciences, Inc. (OTCBB: APDN), this morning, the Company announced that the Chinese Government has selected the DNA encryption technology developed by APDN's licensee, Biowell Technology, Inc. ("Biowell"), as the official standard for their anti-counterfeit program to protect multimedia products. ADPN is up .11 to .38 on volume of 275,000 shares, more than twice its average daily volume. Next, Modern Technology Corp (OTCBB: MOTG), announced yesterday that it has acquired 51% of INmarketing Group, Inc. This new subsidiary adds an estimated $11.5 Million in 2005 revenues and a projected additional $14 Million in revenues for 2006. INmarketing Group generated $8.7 Million in revenues in 2004 and generated $5.8 Million in revenues in the first half of 2005. MOTG is up .013 to .06 on volume of 1.3 million shares. And, World Am, Inc. (OTCBB: WDAM) is trading at .0129, up .0029 on 1.3 million shares. WDAM has been trading at around a penny for the last few weeks; it will be interesting to see if the stock can close up today then follow through tomorrow.

Details regarding these stocks as well as other stocks of interest and stocks on the move can be found at http://www.************.com updated by 11:15 AM EST.

About ************.com ************.com is a media and information site dealing with the OTCBB, Pink Sheets, AMEX and NASDAQ stock markets. ************.com reports on stocks of interest to market participants and market watchers. ************.com also provides news stories to subscribers and users of the site. Market statistics and updates on individual stocks of interest are transmitted to ************.com subscribers daily via email and are posted at the web site at http://www.************.com by early afternoon each weekday.

************.com also assists publicly traded companies by providing consulting services, Investor Relations Services, access to Investment Banking Services as well as other financing options for publicly traded companies. ************.com also provides access to public trading shells and assists privately owned companies with financing through facilitation of reverse mergers. ************.com specializes in Investor Relations Services for newly merged companies and companies that are ready to go public.
 
Posted by Katrina7 on :
 
Hey Gang-

What an awful day!! I arrive in sunny LA (80 degress) and hop on the computer to find we are at .052?

I actually lost on my buys this morning, (BB--I don't know why I didn't buy more in the 4s...I wanted to make sure inm was done)

I am too upset to think straight. All I can say is that I am beginning to feel like I have seriously misjudged this stock and the OTC right now. I can't believe we didn't fly today.

I rack it up to lost momentum,late filings, poor timing of release (the week before xmas?) dilution and lack of exposure. Basically, everything has conspired against us.

I'm still holding long, but damn, now I can't get my x to pay all the taxes on my profits.

Based on my crappy experience this am I can tell you there is major manipulation going on here. The mms are loading up. One day, they are gonna want to make money and they will let her go. I just don't know when that will be. We need some serious volume to kick nites ass.

Jag-it was nite who brought it back down from .065-surpise, surpise. He didn't even want my 150k order at .065..they filled me at .06!

Better days ahead fellas.
 
Posted by Katrina7 on :
 
good post jag--that's what we need most right now--coverage!
 
Posted by dooglearchie on :
 
quote:
Originally posted by dooglearchie:
************.com: ************.com announces stocks on the move for 21 December 2005

M2 Communications via COMTEX


Dec 21, 2005 10:26:18 AM

Crumpler, NC., Dec 21, 2005 (M2 PRESSWIRE via COMTEX) --

************.com has compiled a short list of stocks on the OTCBB and Pink Sheet markets that are performing well today.

As has been the case on the OTCBB and Pink Sheet exchanges, there is little follow through from one day to the next on individual stocks. The general feeling among many traders is that the market needs to turn around and start performing otherwise traders might leave the pennies and beginning trading larger issues. But for today news is moving a couple of stocks; Paragon Financial Corporation (OTCBB: PGNF), a consolidator in the highly fragmented financial services marketplace, announced today that it has reached an agreement with Mr. Matthew Robinson, one of the company's early investors, to convert approximately $1.6 million of existing debt into Paragon's common stock. Mr. Robinson recently purchased the debt from Paragon's former PGNF Home Lending Corp. subsidiary. PGNF is up sharply on this news, trading at .155, up .11 on volume of 570,000 shares. Also news is moving Applied DNA Sciences, Inc. (OTCBB: APDN), this morning, the Company announced that the Chinese Government has selected the DNA encryption technology developed by APDN's licensee, Biowell Technology, Inc. ("Biowell"), as the official standard for their anti-counterfeit program to protect multimedia products. ADPN is up .11 to .38 on volume of 275,000 shares, more than twice its average daily volume. Next, Modern Technology Corp (OTCBB: MOTG), announced yesterday that it has acquired 51% of INmarketing Group, Inc. This new subsidiary adds an estimated $11.5 Million in 2005 revenues and a projected additional $14 Million in revenues for 2006. INmarketing Group generated $8.7 Million in revenues in 2004 and generated $5.8 Million in revenues in the first half of 2005. MOTG is up .013 to .06 on volume of 1.3 million shares. And, World Am, Inc. (OTCBB: WDAM) is trading at .0129, up .0029 on 1.3 million shares. WDAM has been trading at around a penny for the last few weeks; it will be interesting to see if the stock can close up today then follow through tomorrow.

Details regarding these stocks as well as other stocks of interest and stocks on the move can be found at http://www.************.com updated by 11:15 AM EST.

About ************.com ************.com is a media and information site dealing with the OTCBB, Pink Sheets, AMEX and NASDAQ stock markets. ************.com reports on stocks of interest to market participants and market watchers. ************.com also provides news stories to subscribers and users of the site. Market statistics and updates on individual stocks of interest are transmitted to ************.com subscribers daily via email and are posted at the web site at http://www.************.com by early afternoon each weekday.

************.com also assists publicly traded companies by providing consulting services, Investor Relations Services, access to Investment Banking Services as well as other financing options for publicly traded companies. ************.com also provides access to public trading shells and assists privately owned companies with financing through facilitation of reverse mergers. ************.com specializes in Investor Relations Services for newly merged companies and companies that are ready to go public.

************ is who ran the above...again at least MOTG got some exposure...it's still only the 2nd quarter...outsiders mistakenly assume that MOTG's fiscal year end is Dec 31st 2005! It's not! MOTG's fiscal year end is June 30th 2006...there's still people on ragingbull claiming the $11.5 million InMarketing revenue won't be on MOTG's 2005 books because it just closed now. They're completely unaware that we're still in the 2nd quarter!!!
 
Posted by dooglearchie on :
 
quote:
Originally posted by Katrina7:
Hey Gang-

What an awful day!! I arrive in sunny LA (80 degress) and hop on the computer to find we are at .052?

I actually lost on my buys this morning, (BB--I don't know why I didn't buy more in the 4s...I wanted to make sure inm was done)

I am too upset to think straight. All I can say is that I am beginning to feel like I have seriously misjudged this stock and the OTC right now. I can't believe we didn't fly today.

I rack it up to lost momentum,late filings, poor timing of release (the week before xmas?) dilution and lack of exposure. Basically, everything has conspired against us.

I'm still holding long, but damn, now I can't get my x to pay all the taxes on my profits.

Based on my crappy experience this am I can tell you there is major manipulation going on here. The mms are loading up. One day, they are gonna want to make money and they will let her go. I just don't know when that will be. We need some serious volume to kick nites ass.

Jag-it was nite who brought it back down from .065-surpise, surpise. He didn't even want my 150k order at .065..they filled me at .06!

Better days ahead fellas.

kat: Welch needs to get the message that answering shareholders questions via emails is not promotion! I'd sooner see 10 million dilutive shares hit the market tomorrow if it meant a promotional campaign. Welch is being too frugal on the promotional front...I'm all for keeping down costs but now that Weiss & Perlmutter are on board...it's time to hand the MOTG story over to the professionals.

This current crop of holders has been through a ton of negative roadblocks & the sentiment after today is frustrating bujt understandable. If Welch is really as close to the Naz deal as it appears then it's time to quit handling the IR himself and hand over the promotional materials to the professionals.
 
Posted by dooglearchie on :
 
"The Emerging Stock Report profiles emerging growth companies and brings them to the attention of the investment community ahead of the market providing concise analysis and resources required in determining when a stock appears poised for growth.

Safe Harbor

All material herein was prepared by the Emerging Stock Report (ESR) www.*********************** based upon information believed to be reliable. The information contained herein is not guaranteed by ESR to be accurate, and should not be considered to be all-inclusive. The companies that are discussed in this opinion have not approved the statements made in this opinion. This opinion contains forward-looking statements that involve risks and uncertainties. This material is for informational purposes only and should not be construed as an offer or solicitation of an offer to buy or sell securities. ESR is not a licensed broker, broker dealer, market maker, investment banker, investment advisor, analyst or underwriter. Please consult a broker before purchasing or selling any securities viewed on or mentioned herein. ESR may receive compensation in cash or shares from independent third parties or from the companies mentioned.

ESR' s affiliates, officers, directors and employees may also have bought or may buy the shares discussed in this opinion and may profit in the event those shares rise in value. ESR will not advise as to when it decides to sell and does not and will not offer any opinion as to when others should sell; each investor must make that decision based on his or her judgment of the market."


>>>Ok so we didn't pay for this report as evidenced in the safe harbor...not bad...MOTG picked up for free
 
Posted by dooglearchie on :
 
Also just verified that "hot stock chat" from the 2nd article received no compensation from MOTG or any 3rd party for their article...so 2 MOTG mentions today for free.
 
Posted by Otttoman on :
 
quote:
Originally posted by DOG GUIDE:
time for the SEC complaints. Links on the DIAAF thread.

I agree. Here's the link:

https://tts.sec.gov/acts-ics/do/complaint

Time for Mr. Nite to explain himself. At least it will bring this situation to the SEC's attention. If they get enough complaints, hopefully they will at least look at MOTG and see if it is being manipulated.
 
Posted by dooglearchie on :
 
On the bright side we maintained our rising bottom...ifffffffffff we stay above the nickel tomorrow...we just may be reversed from the month long descending channel we've been trapped in...who knows...ciao 4 now glta:

http://bigcharts.marketwatch.com/quickchart/quickchart.asp?symb=motg&sid=0&o_symb=motg&freq=1&time=4
 
Posted by emich25 on :
 
I think there are some lings here that are frustrated. THey have a right to be. The news that we wanted did go unoticed for the most part. Look lets face it not much is going to happen now untill the end of the year. Most people are on vacation or thinking about and aren't actively looking for new investments 4 days before xmas and 10 before the new year. Anyone who thinks that this stock is a bad investement has rocks in their head. IMG was a huge aquisition. We have the controlling iterest in two companies. The os is 47mil. I think it will take time to really get discovered..
 
Posted by trade04 on :
 
quote:
Originally posted by emich25:
I think there are some lings here that are frustrated. THey have a right to be. The news that we wanted did go unoticed for the most part. Look lets face it not much is going to happen now untill the end of the year. Most people are on vacation or thinking about and aren't actively looking for new investments 4 days before xmas and 10 before the new year. Anyone who thinks that this stock is a bad investement has rocks in their head. IMG was a huge aquisition. We have the controlling iterest in two companies. The os is 47mil. I think it will take time to really get discovered..

I agree with you 100% thats it im satisfied, welch has delivered the GOODS PERIOD!
 
Posted by Skyman on :
 
Can't get discovered? Wear a sweater and go the soda fountain at Schwab's Drug Store.
 
Posted by DOG GUIDE on :
 
Wouldn't be happy if I wasn't complainin'
 
Posted by emich25 on :
 
az u around
 
Posted by emich25 on :
 
Just compare this to cybl they have rev's of 23k share price .09cents...CNCN they had rev's of 1.7mil and a loss of 1.4mil they trade at .35. Mobl well they have a monster os its ridiculous HISC they are trading at the same price as us and they have an os of 400mil and are on the pinks...My question is how long before we are really noticed.
 
Posted by binsleep on :
 
Well, my ACH finally cleared [Smile]

If they were truly waiting for me, we should see a rally today, right? [Wink]
 
Posted by binsleep on :
 
UPDATE: Regarding MOTG news on Ameritrade

Ameritrade receives its news from MarketWatch. Because MarketWatch is missing the most recent articles, it's obviously not showing up in Ameritrade. They did tell me they are going to try to track it down why MarketWatch hasn't been receiving these articles.
 
Posted by CMoney on :
 
quote:
UPDATE: Regarding MOTG news on Ameritrade

Ameritrade receives its news from MarketWatch. Because MarketWatch is missing the most recent articles, it's obviously not showing up in Ameritrade. They did tell me they are going to try to track it down why MarketWatch hasn't been receiving these articles.

That's better than Scottrade's Dow Jones news that doesnt catch any MOTG or DMES news. I forgot who suggested TDW, but Im considering a move.
C$
 
Posted by trade04 on :
 
quote:
Originally posted by binsleep:
Well, my ACH finally cleared [Smile]

If they were truly waiting for me, we should see a rally today, right? [Wink]

sorry for sounding stupid but what is an ach?
 
Posted by binsleep on :
 
Automated Clearing House Network....it's an electronic transfer from bank to bank
 
Posted by trade04 on :
 
Patience my friends, MOTG will have its day sooner than you think, just take this opportunity to buy at rock bottom prices.. =)
 
Posted by binsleep on :
 
I'm trying, I'm trying!
 
Posted by stocknut2006 on :
 
quote:
Originally posted by binsleep:
I'm trying, I'm trying!

don't worry i'm sure you'll be able to get some in the 0.04's today.
 
Posted by binsleep on :
 
Everyone out Xmas shopping? Quiet in here today [Big Grin]
 
Posted by WarpedMind on :
 
CMoney, I suggested TDW. They're awesome.

I never have any of the problems I hear everyone complain about... they even let me spend $500 more than I have in margin without complaining. I call anytime and always get someone nice on the phone who is willing to break everything down for me over and over again in newbie terms if I need the help.
 
Posted by trade04 on :
 
::yawn::.....
 
Posted by stocknut2006 on :
 
i've been a good boy this year....and all i want for xmas is to be a MM!
 
Posted by WarpedMind on :
 
CMoney and others,

If anyone decides to join TD Waterhouse, please PM me first... I'd like to give you my name and account number to put on your application as a referral. If you do, then you and I both get some free trades.

Thanks in advance.
 
Posted by BigBuyer100 on :
 
quote:
Originally posted by WarpedMind:
CMoney and others,

If anyone decides to join TD Waterhouse, please PM me first... I'd like to give you my name and account number to put on your application as a referral. If you do, then you and I both get some free trades.

Thanks in advance.

Warped. I know you have Good atentions, But Don't do that. Never ever give out personnel info to people on any messege Boards.
 
Posted by WarpedMind on :
 
Thanks BB.
 
Posted by Katrina7 on :
 
Hey Guys--well this still sucks. I am just in shock that we are not moving after Inm news. It's crazy. Are we all totally delusional?

Anyone been in touch with welch to let him know the news has been missed. Don't know what he could re-release without looking desperate.

Well, off to see Nemo on Ice in a few. Warped, I'll see if there are any good parts for you.

Techie poo where are you?

WHG--r u okay? You have a lot riding on this baby.
 
Posted by tech1 on :
 
I'm here, Sunshine.

Bin, is your order in?
 
Posted by WarpedMind on :
 
Say hi to Nemo for me. I always like the guy, but could never stand his fishy breath. [Big Grin]

I doubt we'll see any action till next year... but I believe January will be a good month, so don't lose hope just yet.

I'm with you, Kat... where the heck is everybody???
 
Posted by tech1 on :
 
Warped, you need to quit kissing the dude.
 
Posted by binsleep on :
 
tech: yeah, I'm trying to get it for under 5 [Smile] I'm jealous!!!
 
Posted by WarpedMind on :
 
Do you guys know if there is a way to put in an order for a stock that is less than .0001? How would I buy it?
 
Posted by binsleep on :
 
Ok, they filled me at .05
 
Posted by tech1 on :
 
Warped, we can't go to the 5th digit, only the MMs can. Stay away from anything with B/A of .0001.
 
Posted by Katrina7 on :
 
good one tech that's the spirit. Al was worried this thread would turn too serious when
the RB defectors came over.

Are ya'll freaked out, or just resigned and a little depressed?
 
Posted by binsleep on :
 
Kat,

Tired mostly. Holidays putting the wear on [Smile]
 
Posted by Katrina7 on :
 
bin-at least ur in at 5--I moved some money I shouldn't have touched and am in at 6. That's something to be happy about!
 
Posted by tech1 on :
 
Bin, did your bid show up on LII? I didn't see anything at 5 until ETRD showed up on the ask.

Kat, no worries. They can't hold this down forever. We all know there's more news on the way.
 
Posted by binsleep on :
 
I dunno, I don't have level II
 
Posted by Katrina7 on :
 
I guess all the wives aren't getting guccis anymore....

yeah, I know they can't holf it down, but to not see us e at least back in the 7/8 is really depressing.
 
Posted by binsleep on :
 
It was 9900 * .05
 
Posted by WarpedMind on :
 
I think we'll be ok. Welch has got a few "big deals" lined up. January will be a good fresh start.

Kat, my cost basis for this stock is at .078... so count your blessings! [Frown]
 
Posted by binsleep on :
 
I'm down to .058 cost basis with that last buy
 
Posted by binsleep on :
 
Yeah, I think once earnings come out in January, this should take a nice jump up. Wonder if SC would give out a general sales update if you called them? [Smile]

I'd also like to see the 8K for the InM transaction. Call it "peace of mind" [Wink]
 
Posted by Katrina7 on :
 
Alright gang--I would ask you to hold down the fort, but that hasn't worked so well in the past.

Remember that this stock seems to respond well to talking dirty and bashing. Bad MOTG, you've been very naughty...

see ya'll tomorrow
 
Posted by binsleep on :
 
Those F'ers!

I had my order in for .048 all morning and they wouldn't give it to me. I change to .05, they fill it, and someone get's it at .048.

Ok....I feel better now.
 
Posted by WarpedMind on :
 
Darn. There goes our .05 floor.
 
Posted by trade04 on :
 
Oh yea i like seeing Kat talk dirty...lolol
 
Posted by trade04 on :
 
quote:
Originally posted by binsleep:
Yeah, I think once earnings come out in January, this should take a nice jump up. Wonder if SC would give out a general sales update if you called them? [Smile]

I'd also like to see the 8K for the InM transaction. Call it "peace of mind" [Wink]

Dont earnings come out in february?
 
Posted by binsleep on :
 
Well the quarter ends on December 31. So the quarterly *should* come out in January sometime. Unless we are delayed again, in which case it could come out in Feb.
 
Posted by trade04 on :
 
Some otcbb investors are so lame. look at grxi's balance sheet they have no cash no assets, acquired 3 companies with cash from who knows where and its hyped 6 million yearly revenue combines...yet we acquired ONE company with 11.5 million and a projected 14 million and we get no attention, a correction is due for this stock
 
Posted by trade04 on :
 
I think tax loss selling is over in most stocks, next week is the christmas rush, i expect better movement next week, in the mean time today and tomorrow is a good time to add shares imo
 
Posted by caym2k on :
 
Given the speed of the 'auditors'(aka snails), I doubt the Q will come out within two weeks of the due date.

If Welch announces that he is dumping these idiots, we will reach .07 in no time.
 
Posted by trade04 on :
 
im going to email welch next tuesday and talk to him about these auditors, so far hes said it will never happen again, i will also mention the 8k gl
 
Posted by caym2k on :
 
*trade04:

This is the info on these 'geniuses'.

They, more than anybody else, are responsible to our current pps.


Greenberg & Company
(973) 467-3838
500 Morris Ave # 2
Springfield, NJ 07081

I think they take about one month to tie their shoes.
 
Posted by binsleep on :
 
cay,

I believe AW was responsible for filing late. I don't think it was entirely the auditors fault. In fact, I think the auditors themselves were being audited at the time they were auditing us (**untie tongue**).

To say it is entirely the fault of the auditors is false. The late filing was only one of a number of reasons the share price is what it is right now. Hang tight. [Smile]
 
Posted by cpz on :
 
How many shares do all of you have?
I'm sitting on about 50K...hoping for the best.

Good luck all.
 
Posted by caym2k on :
 
*binsleep:

I agree that these auditors were being audited at that time too. (And I had found the pdf for that too).

But I think it's their habit to be late all the time.
 
Posted by binsleep on :
 
cpz: I own just under 20K with the most recent addition this morning, but most people here have more than me [Wink]
 
Posted by binsleep on :
 
quote:
Originally posted by trade04:
im going to email welch next tuesday and talk to him about these auditors, so far hes said it will never happen again, i will also mention the 8k gl

trade: you may also want to ask him if he's planning on raising awareness of MOTG through marketing in the near future. We could really use some buyers over here!
 
Posted by binsleep on :
 
whoohoo we moved up [Big Grin]

Sorry guys...that was pretty exciting, hehe
 
Posted by OhhhYeah on :
 
This is lame
 
Posted by stocknut2006 on :
 
bid down to 0.045..what a fu(kin joke!
 
Posted by tech1 on :
 
It gets worse...
 
Posted by binsleep on :
 
Oh well, I'm tired of watching this today. Today is my last day of work for the holidays. Everyone have a wonderful holiday and I'll catch up with everyone next week.

Don't fret. We have a motivated CEO and he will do what is necessary to get us moving.

Till next week!
 
Posted by trade04 on :
 
Im going to take a nap !!! ARRRGGGGhhh
 
Posted by Ragedbull777 on :
 
What's everybody's take on why we haven't moved up with the news we had this week regarding INMarketing? My opinion is that the company is selling shares to raise capital or they financed the acquisition with shares and individuals who received those shares are now selling them. That's the only reason I see. This company has a lot of potential and at the price of 5 cents a shares it's a bargain in my opinion.

TIA
Eddie

PS: To Jag from RagingBull.com, if you read this message let me know what your handle is here. Thanks

Ragedbull777
 
Posted by tech1 on :
 
Hey, RB, how's it going? I think Jag is doogle over here.

We're stumped as well here. Yes, we think there might be some dilution from AW, but our market cap and PPS don't jive. Some of us have heard from pretty good sources that there is still some very interesting news coming, but, as we all know, timing isn't MOTG's best trait.
 
Posted by tech1 on :
 
dooglearchie = Jag
 
Posted by stocknut2006 on :
 
quote:
Originally posted by Ragedbull777:
What's everybody's take on why we haven't moved up with the news we had this week regarding INMarketing? My opinion is that the company is selling shares to raise capital or they financed the acquisition with shares and individuals who received those shares are now selling them. That's the only reason I see. This company has a lot of potential and at the price of 5 cents a shares it's a bargain in my opinion.

TIA
Eddie

PS: To Jag from RagingBull.com, if you read this message let me know what your handle is here. Thanks

Ragedbull777

my opinion:
(1) the INMarketing PR came out after hours, so the effect wasn't has big has it would have been if it would have been released in the A.M. Big companies can release news after hours and still have an effect the next day...not OTCBB IMO.

(2) this is the week before xmas, so we know that most people are away, or sell for whatever reason...

(3) looks like the PR didn't come out in all the places Ameritrade ?...so maybe we didn't get the exposure we could have had

(4) ARCA dumped like 10M shares in the last few weeks anywhere from 0.04 to upper 0.05's so MM's got there hands on alot of shares so now they can pretty much do what they want with the PPS, if NITE got one of the few 500k that were sold in the lower 0.04's selling them in the 0.05's would make him some nice money.

(5) I don't have L2 but seems like NITE is the only one playing this stock...if more MM's would be involved he wouldn't be able to manipulate the PPS so much. When we start to go up the BID support doesn't go up...so we come back down.

Personaly I think the delays stopped the momo, and when people wait too much they get frustrated and sell. I really find it weird that a 47M o/s company with 20M+ in revenues would have so little interest from investors.

I really believe this is a gold mine, if Welch pulls this NASDAQ thing....look out! In fact it might be the only thing that will make this move right now since an 11M revenue increase didn't do much to move us.

I wish all here (except NITE) a very Merry and safe Christmas
 
Posted by WarpedMind on :
 
For what it's worth, I miss alot of PRs with my TDW. Dunno why... I should call them and find out.
 
Posted by stocknut2006 on :
 
kind of strange that we traded 850k+ out of 1.2M in the 0.046-0.048.
 
Posted by WarpedMind on :
 
Does anyone know if there's a tool out there (preferably free) where I can put in factors I want to look for (i.e. RSI > 50, Macd stuff, etc.) and it give me a list of stocks?
 
Posted by trade04 on :
 
$1.00 by June 06'
 
Posted by Fireplay5 on :
 
What is this game? .0459 geez! are they trying to make it look more attractive than .046?
 
Posted by Fireplay5 on :
 
Should be bouncing soon. lol.. seems like it usually does when it gets here.
 
Posted by greenplastic79 on :
 
Stocknut do you have L2? If you do you're not looking at it. Arca is dumping a bunch of shares at .046
 
Posted by WarpedMind on :
 
gp, where ya been? it's been boring around here.
 
Posted by Ragedbull777 on :
 
Thanks tech1 and stocknut2006. Stocknut, I like your analysis as to what might be going on. As for NITE, I think he is loading up with shares so when MOTG runs he can make a killing. Regarding the question WarpedMind asked. If you happen to have an Ameritrade account you can download the program "StockAnalyzer" which is an awesome program. It has so many features that I don't have the time to list them all. You can search by any criteria you can imagine. You can search by Relative strength, by volume, by high earnings, by bullish or bearish factors. You can also search for stocks that have had a recent volume increases, 52 week low/hi, etc.... I highly recommend it.

RB777
 
Posted by tech1 on :
 
1.3M trade after the bell. I wonder who got that, and what tomorrow will bring?
 
Posted by emich25 on :
 
notice that arca is completly gone thought....i wonder what is going on
 
Posted by WarpedMind on :
 
RB, I don't have ameritrade, I have TDWaterhouse. Are there any similar tools out on the web?

Thanks.
 
Posted by stocknut2006 on :
 
WarpedMind:

quote:
Originally posted by WarpedMind:
Does anyone know if there's a tool out there (preferably free) where I can put in factors I want to look for (i.e. RSI > 50, Macd stuff, etc.) and it give me a list of stocks?

www.smallcapcenter.com

click on TOOLS in the menu,
you can find a bunch of search tools in there, including Technical Searches. I find it pretty good, lots of options stock scores, price indicators, volume indicators, momentum and so on.....best of all it's free. Let me know how you like it.
 
Posted by Ragedbull777 on :
 
WarpedMind, I am sure there are. I heard of this good software, but can't remember the name. I have it somewhere at home. When I find it I'll post the link. It's expensive though, but they have a free 30 day trial. Are you familiar with the CANSLIM method of stock selection. I am sure you are. That technique was used by Paul Zanger. I believe when he used the CANSLIM method and turned $11,000 into over $10 million in less that 2 years. Just Google it. GL and Merry Christmas.

RB777 aka Eddie
 
Posted by WarpedMind on :
 
Thanks RB and stocknut!

I've read about CANSLIM, but I haven't studied it in depth... will check it out. Zanger rocks.
 
Posted by WarpedMind on :
 
Stocknut, awesome site... exactly what I'm looking for. Thanks!!!

RB, I'd still like to see those links when you get them. One can never have too much information or tools.
 
Posted by BigBuyer100 on :
 
quote:
Originally posted by WarpedMind:
Does anyone know if there's a tool out there (preferably free) where I can put in factors I want to look for (i.e. RSI > 50, Macd stuff, etc.) and it give me a list of stocks?

Warped. You Might want to check out Value Stock Selector. It is an Awesome Program and Very Cheap incaparision to what they could really sell it for. I beleive that they are going to raise the price on it after christmas, So you might want to get it now.

It Gives you everything that you need in analyzing stocks and selecting the best to the worst. Great Program.


http://www.valuestockselector.com/index.html
 
Posted by WarpedMind on :
 
BB, you use this? Is it useful for a newbie? Pretty accurate and helpful?

Thanks... checking it out now.
 
Posted by BigBuyer100 on :
 
Warped, Yes I do Use it. This just came out the 2.0 version and it's awesome. 50 bucks you can't go wrong. It details stuff that you Can't inmagine. I highly Rec it.

It will take you like Maybe 15 min Tops to figure it out but after that you will be glued to it for hours.

Great Stuff.
 
Posted by emich25 on :
 
Raged you posted on rb that you read on another board that we were going to get interesting news what board was that on..thanx
 
Posted by trade04 on :
 
What was up with end of day trading?
 
Posted by trade04 on :
 
*************ATTENTION***********

Everyone set your GTC over .10 cents lets send the MMs a message
 
Posted by emich25 on :
 
unfortunatley that doesn't do anything...we need december to end...
 
Posted by trade04 on :
 
Hopefully MMS will give us a christmas rally going...
 
Posted by stocknut2006 on :
 
quote:
Originally posted by trade04:
What was up with end of day trading?

looks like ARCA was dumping shares.
 
Posted by Fireplay5 on :
 
So is everyone in on setting up GTC to .10? Will this even do anything since there are many more in on this stock then those that frequent this board? I wasn't planning on even setting up a limit sell order but if everyone thinks it will help. Just let me know.
 
Posted by WarpedMind on :
 
One thing about it, putting in a high limit sell (even if it's like $5) will lock up those shares so that they are rendered useless to our crooked shortselling MM friends.
 
Posted by NextWeek on :
 
Market Maker List
MOTG MODERN TECH CORP
December 22, 2005
MPID Market Maker Name MP Quote Status
Total MPID Count: 22
BEST BEAR, STEARNS & CO. INC. Active
DOMS DOMESTIC SECURITIES, INC. Active
ETRD E*TRADE CAPITAL MARKETS LLC Active
HDSN HUDSON SECURITIES,INC. Active
HILL HILL THOMPSON MAGID & CO., INC. Active
INTL INTL TRADING, INC. Active
JEFF JEFFERIES & COMPANY, INC. Active
MAXM MAXIM GROUP LLC Active
NITE KNIGHT EQUITY MARKETS, L.P. Active
PBLC PUBLIC SECURITIES, INC. Active
PERT PERSHING ADVISOR SOLUTIONS LLC Active
SACM STERNE AGEE CAPITAL MARKETS, INC. Active
SBSH CITIGROUP GLOBAL MARKETS INC. Active
SCHB UBS CAPITAL MARKETS L.P. Active
SEAB SEABOARD SECURITIES, INC. Active
TASL Tradition Asiel Securities Inc. (TASL) Active
TDCM TD WATERHOUSE CAPITAL MARKETS, INC. Active
TRAC Track ECN Active
UBSS UBS Securities LLC (UBSS) Active
VERT THE VERTICAL GROUP, INC. Active
VFIN VFINANCE INVESTMENTS, INC Active
WORL WORLD TRADE FINANCIAL CORPORATION Active
 
Posted by CMoney on :
 
quote:
Market Maker List
MOTG MODERN TECH CORP
December 22, 2005
MPID Market Maker Name MP Quote Status
Total MPID Count: 22
BEST BEAR, STEARNS & CO. INC. Active
DOMS DOMESTIC SECURITIES, INC. Active
ETRD E*TRADE CAPITAL MARKETS LLC Active
HDSN HUDSON SECURITIES,INC. Active
HILL HILL THOMPSON MAGID & CO., INC. Active
INTL INTL TRADING, INC. Active
JEFF JEFFERIES & COMPANY, INC. Active
MAXM MAXIM GROUP LLC Active
NITE KNIGHT EQUITY MARKETS, L.P. Active
PBLC PUBLIC SECURITIES, INC. Active
PERT PERSHING ADVISOR SOLUTIONS LLC Active
SACM STERNE AGEE CAPITAL MARKETS, INC. Active
SBSH CITIGROUP GLOBAL MARKETS INC. Active
SCHB UBS CAPITAL MARKETS L.P. Active
SEAB SEABOARD SECURITIES, INC. Active
TASL Tradition Asiel Securities Inc. (TASL) Active
TDCM TD WATERHOUSE CAPITAL MARKETS, INC. Active
TRAC Track ECN Active
UBSS UBS Securities LLC (UBSS) Active
VERT THE VERTICAL GROUP, INC. Active
VFIN VFINANCE INVESTMENTS, INC Active
WORL WORLD TRADE FINANCIAL CORPORATION Active

Good looking out
 
Posted by trewblue on :
 
my gtc at .50 is in
 
Posted by DOG GUIDE on :
 
Quite the chitty day in the MOTG world ain't it? Anybody talk to Welch lately? BTW...I have my gtc at 1.00 for all 80K shares
 
Posted by stocknut2006 on :
 
wonder if we'll hold 0.04 today....i'm in shock!!
 
Posted by DOG GUIDE on :
 
Even though I planned on holding long, I never thought i would be FORCED into holding long.
 
Posted by nystateofmind on :
 
What i thought would be my strongest stock, turned out to be my weakest. Also forced to hold long.
 
Posted by stocknut2006 on :
 
well i hope at the end of all this dilution we get something extremly good out of it. I'm impressed at how the campany is performing and how Welch keeps his words even if the last few months we've had some delays. We need the dilution for acquisitions so I guess we'll have to go down, absorb the dilution, and then we'll go back up.
 
Posted by emich25 on :
 
the dillution is coming because it is year end....plus i think january will be much better. With img and sound city...i think alot of people are off for the holidays. the one positive is that the market is closed mon.
 
Posted by DOG GUIDE on :
 
quote:
Originally posted by emich25:
the one positive is that the market is closed mon.

Not the good news I was waiting for [Roll Eyes]
 
Posted by tech1 on :
 
Hmm, TRAC on the bid. There's another new one.
 
Posted by trade04 on :
 
ARCA on the bid...weird...
 
Posted by Goodones on :
 
I will make a bold predition. That last 55k sale was the end of dilution for this year. The bid and ask moved up right after that large 55k bomb.
 
Posted by BigBuyer100 on :
 
Hey all. Bought more today, we should be up next week nicely. Looks pretty good considering the dilution. I just hope we remain under 50 mil in O/S.
 
Posted by NextWeek on :
 
MOTG trading today is actually rather heavy since this was supposed to be a light stock marmet day. It's not yet noon and already MOTG has traded 75% of average.
 
Posted by emich25 on :
 
Big buyer i have the os at around 52mil....we were 47mil on tues add wed and thursday 4mil plus 500k today we are arounf 52mil....i like that arca is on the bid and new mm's are showing up. remember that this is the time where sound city does most of its business plus they just opened a new store...
 
Posted by emich25 on :
 
We got to get IMG 8-kd and see their pro forma rev's like sound city...plus going into the new year i am sure there will be more promotion the delayed q really screwed things up...couldn't promote the stock with an e and don't want promote with 6 trading days left...I think we will see movement in Jan. A) we have the nasdaq aquisition speculation plus we have a new q that will show sound citys busiest time of the season....plus jan is good for the otc however lately otc has been slow
 
Posted by emich25 on :
 
i like that the bid is getting stronger
 
Posted by Goodones on :
 
NO MORE DILUTION IN 2005!!! I hope
 
Posted by cpz on :
 
Does Ameritrade not have free Level 2?
Damn, I signed up thinking they did [Frown]

[ December 23, 2005, 12:40: Message edited by: cpz ]
 
Posted by trade04 on :
 
It looks like the last of the selling before the new year hope so, its about time!
 
Posted by NextWeek on :
 
Yes Ameritrade does have it. They once required you to have a minimum number of trades to get it free. I don't know what their requirements are now. Email them, raise heck, fuss, fume and so forth. The least they can do is say no. They might activate it for you.

quote:
Originally posted by cpz:
Does Ameritrade not have free Level 2?
Damn, I signed up thinking they did [Frown]


 
Posted by trade04 on :
 
come on guys that 550k trade painted the tape time to BID THIS UP price is still cheap lets gooooo get off your azzes and buy some MOTG stock!!
 
Posted by NextWeek on :
 
I did! I doubled my position in MOTG today.

quote:
Originally posted by trade04:
come on guys that 550k trade painted the tape time to BID THIS UP price is still cheap lets gooooo get off your azzes and buy some MOTG stock!!


 
Posted by caym2k on :
 
Getting the 8k will take about three weeks if we are lucky.

We all know how fast our great 'auditors'are.
 
Posted by dooglearchie on :
 
Happy Holidays everyone! MOTG will be one the OTCBB january runners IMO! Just wait 'til we begin getting the Naz juice...it's not a question of if but when...& IMO when is january! Added a bit more today & have my last order in for 15K more shares right now at .046. I'll be gone 'til Jan 3rd so glta 'til the new year!
 
Posted by trade04 on :
 
ask is .049 doog bid is .046
 
Posted by nystateofmind on :
 
I'm very confident in the company and i think that some of us been watching this thing too closely and not really looking at the big picture.

Happy Holidays to everyone. [Smile]
 
Posted by trade04 on :
 
Merry Christmas Everyone!!!!!!!!!!!!!!!!!!!!

Have A Great Weekend See You All Next Week!!!!!!!!!
 
Posted by emich25 on :
 
I don't think there is any question of the BIG picture the os is still small in terms of the otc. Someone is buying these shares. When they let this go which I am assuming will be in Jan we could go to .15-.20 easily...I think we get more news into the new year and maybe some promotion that would be nice
 
Posted by DOG GUIDE on :
 
quote:
Originally posted by NextWeek:
I did! I doubled my position in MOTG today.

quote:
Originally posted by trade04:
come on guys that 550k trade painted the tape time to BID THIS UP price is still cheap lets gooooo get off your azzes and buy some MOTG stock!!


Unfortunately I dumped ALL my monies into MOTG when it hit 0.055 thinking that this great co. can't go any lower. I still believe in Welch just don't have any more $$$ available to buy at this bargain basement price. Good luck to all, hold long and lets rock this thing. Merry Christmas. [Big Grin]
 
Posted by trade04 on :
 
Merry Christmas Everyone =) I have the feeling this is going to be a good week for MOTG long and strong!
 
Posted by trade04 on :
 
Candlestick analysis for MOTG is "homing pigeon" possible trend reversal in the works. sellers were exhausted and buyers continued loading up, keep an eye on MOTG tuesday =)
 
Posted by wholehealthgirl on :
 
Maybe AW can help here (HRVE):

Notice of Delisting or Transfer


Item 3.01 Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing
On December 20, 2005, Harvey Electronics, Inc. ("Harvey" or the "Company") received a Nasdaq Staff deficiency letter (the "Letter"), indicating that the Company is not in compliance with the $1.00 minimum closing bid price requirement for continued listing on The Nasdaq Capital Market as set forth in Marketplace Rule 4310(c)(4) (the "Rule"). Harvey received the Letter because the bid price of Harvey's Common Stock closed below $1.00 per share for 30 consecutive business days.

The Letter also stated that, in accordance with Marketplace Rule 4310(c)(8)(D), Harvey will be provided 180 calendar days, or until June 19, 2006, to regain compliance. In accordance with Marketplace Rule 4310(c)(8)(E), if at any time before June 19, 2006, the bid price of the Company's common stock closes at or above $1.00 per share for a minimum of ten consecutive business days, the Company will be provided written notice that it complies under the Rule.

If compliance with the Rule cannot be demonstrated by June 19, 2006, the Staff will determine whether Harvey meets The Nasdaq Capital Market initial listing criteria set forth in Marketplace Rule 4310(c), except for the bid price requirement. If the Company meets the initial listing criteria, the Company will be given notice that it has been granted an additional 180 calendar-day period to comply with the Rule. If it is determined that the Company is not eligible for this additional compliance period, the Company will be provided written notice that its securities will be delisted. At that time, the Company may appeal to a Listing Qualifications Panel the Staff's determination to delist its securities.

Harvey has not yet determined what action, if any, it will take in response to this notice, although Harvey intends to monitor the closing bid price of its Common Stock between now and June 19, 2006, and to consider available options if its Common Stock does not trade at a level likely to result in Harvey regaining compliance with the Nasdaq minimum closing bid price requirement.

I think he is very close to striking a deal with Harvey Electronics...In fact, I know he is....
 
Posted by emich25 on :
 
It makes the most sense doesn't it. Is it that far of a stretch....HRVE wants to stay on the Nasdaq and we want on the Nasdaq....so we do a Statuatory merger...HRVE has an os of 3.5mil and is illiquid...their shareholders are in somewhat of a pickle they are facing delisting. If we come in and combine we would have a company doing 60-70 mil in rev's. We wouldn't have to face to much dillution. 1.5 mil could buy half the company via shares. Secondly if we were to offer shareholder 3 shares of motg that would only dillute us by 10-15 mil at most. I say 3 because of forward valuation.
After the deal there is no way we are at .05 cents. Right now we should be at .30 so if I held hrve and it was going lower what would i do. Take shares of the new company...we could easily be two dollars as a 70mil dollar company...What you guys might want to think about is that Welch used to work for Maxim LLC the market maker...he worked in mergers and aquisitons this isn't his first go around either.........
 
Posted by trade04 on :
 
WOW thanks WHG. You are right emich HRVE only has a market cap of 2.6 million AND FALLING. If would be so easy for MOTG to buy out this company. MOTG's headquarters are very close to HRVE's they are located in LYNDHURST, N.J.
 
Posted by binsleep on :
 
quote:
Originally posted by wholehealthgirl:
I think he is very close to striking a deal with Harvey Electronics...In fact, I know he is....

WHG: Do you have information in addition to the original rumor? Exciting! [Wink]

Trade: Just curious, have you sent that email to AW that you were going to send this week?

Oh yeah, good morning everyone!
 
Posted by trade04 on :
 
bin I sent it just now =)
 
Posted by trade04 on :
 
Well looks like a good day to head downtown to scottrade and deposit some cash into my account...
 
Posted by binsleep on :
 
Looks like it might be a good week to take a nap [Smile]

I'd be surprised if we see much action this week.
 
Posted by trade04 on :
 
LoL * Bin

Well anyway im heading downtown, I sent the CEO two emails one of them is about HRve rumor. I will let you all know as soon as I get a response
 
Posted by NextWeek on :
 
10:05 AM Only one trade today so far. 17637shrs at .046
 
Posted by emich25 on :
 
the os is 48mill and change which is better than I thought. We traded big numbers on thursday and I thought there was a ton of dillution going on. I was wrong. We only got about another 1.5 mil shares...
 
Posted by trade04 on :
 
Thanks emich
 
Posted by trade04 on :
 
where is everyoneeeeeeee
 
Posted by DOG GUIDE on :
 
I'm here, just not a lot to talk about today. It's the "If you can't say something good then don't say anything at all."
 
Posted by trade04 on :
 
i see...what i dont like is that a lot of people arent recognizing what a cheap price motg is at right now, it is still SEVERELY UNDERvalued. I will be buying more tomorrow when my funds clear but today people arent taking advantage which is quite dissapointing


**on another note I havent recieved a response from Welch, he must still be on vacation lol

[ December 27, 2005, 13:26: Message edited by: trade04 ]
 
Posted by Katrina7 on :
 
Merry Christmas all-

just wanted to let you know I'm trying to buy right now at .045 and nite wont fill me. Keeps giving me 5000 shares at a time.

Whatcha think my luck will be with a aon?
 
Posted by Katrina7 on :
 
finally filled
 
Posted by binsleep on :
 
Kat,

Now I'm jealous!

I tried all morning the other day to get in under .05 and they wouldn't let me [Frown] Ever since, I've seen it at bargain prices, hehe. Go figure! [Razz]
 
Posted by WarpedMind on :
 
Kat,

I'm surprised to see you buying more. Good for you. [Wink]
 
Posted by Katrina7 on :
 
I couldn't stand being averaged in so high. This thing better take off--I'm a over got 800k shares. WHG-I'm cathcin' up to ya!

Hope eveyone is doing well. Where is techie-poo. I am in the Texas state capitol right now....
 
Posted by trade04 on :
 
kat i thought you had well over a million?? hmmmm....
 
Posted by Katrina7 on :
 
nope---I don't think so...but I've been buying on several accounts over the past few weeks and haven't tallied it up....this morning's was on my td waterhouse nite does not like selling to me. my ameritrade uses him and I get much better results.
 
Posted by trade04 on :
 
I think it was the wife of bubba is that you?
 
Posted by Katrina7 on :
 
no--whg (whole health girl) is bubba's wife. Combined they have 1.4 million I think.

I'm tech's mistress, remember?
 
Posted by trade04 on :
 
LoL ok got cha...
 
Posted by Katrina7 on :
 
this sucks guess I shoulda waited .04???
 
Posted by trade04 on :
 
what a crazy close loved seeing 10 mms though * .04 very nice support
 
Posted by emich25 on :
 
that close was very interesting to say the least...they take it to four cents and then with one minute left it gets back to .045....8-k is out
 
Posted by johnny14511 on :
 
the 8k came out thats why
 
Posted by trade04 on :
 
8k out indeed. Sooner than I thought, great =)
 
Posted by binsleep on :
 
quote:
Originally posted by trade04:
8k out indeed. Sooner than I thought, great =)

Trade: I'm pretty sure AW has learned the errors of his ways and will be doing all he can to make sure that we have the appropriate filings on time. This was a nice surprise on an otherwise dismal day [Smile]
 
Posted by gemseeker on :
 
I got in at the last minute. This should rebound back nicely.
 
Posted by Skyman on :
 
I got some at $.041
 
Posted by trade04 on :
 
gem, have you ever bought MOTG stock before?
 
Posted by gemseeker on :
 
trade04, I wanted to buy it earlier but was too high. It went high before I grabbed it. This price seems to be a nice bottom reched and we will soon see 0.055- 0.058. I bought because something is going to happen soon with HRVE.
 
Posted by emich25 on :
 
gem are you speculating?
 
Posted by caym2k on :
 
8K in four days - guess the snails took some 'roids this time, huh?
 
Posted by WarpedMind on :
 
8k filing - good timing. Hopefully future filings will also be done on time as well.
 
Posted by gemseeker on :
 
emich25, I play only solid and fundamental pennies which have become now oversold. These are the stocks whose fundamentals will take them higher in the coming days. I am playing ARSC EOGI ITGJ PGPM. I am also playing GOOG. I put all my profits to GOOG whenever I get a chance. Currently I own 1250 of GOOG.

Currently MOTG has come to the level which seems to be a good buy level. I do not hold stocks more than a few days. All I care is a small decent profit , and profit is profit- no matter small. MOTG is bound to go higher in coming days.
Best of luck
 
Posted by Skyman on :
 
Is the 8K out or was that in jest?
 
Posted by WarpedMind on :
 
Sigh. I doubt we'll have a Santa Claus Rally with this stock. Bummer.

Hey Gem, what do you think of ITGJ right now? I'm holding it, but I'm a little worried about it. Thoughts? Also, I'm curious... why are you so heavy on GOOG?
 
Posted by stocknut2006 on :
 
great 8k is in at the end of the day...so I guess it won't have too much fizz by tomorrow morning. wasn't home to watch the action today...can't believe that this thing wants to go below 0.04. i'm down big time on this one money wise and emotion wise..i really think the only thing that's gonna get this thing back up...is an acquisition that will bring us on the NASDAQ!
 
Posted by Katrina7 on :
 

 
Posted by gemseeker on :
 
WarpedMind, ITGJ is a very good stock but we need that EU contract. If we get the contract or even a part of it, it will blow. I am not selling ITGJ until next quarter. Good to see you that you are also in this stock. MOTG looks good at these levels. Even stocktriggers recommended it earlier.
 
Posted by emich25 on :
 
gem when did stock triggers recomend it? what did they have to say? thanx
 
Posted by gemseeker on :
 
StockTriggers recommended it in 4rd quarter of 2005 in Oct- Nov time span and something mentioned going to happen in Dec'05. I am expecting major news in Jan'05 and this should head northwards. Even 8k was filed when I never expected so early.

Best of Luck
 
Posted by trade04 on :
 
quote:
Originally posted by stocknut2006:
great 8k is in at the end of the day...so I guess it won't have too much fizz by tomorrow morning. wasn't home to watch the action today...can't believe that this thing wants to go below 0.04. i'm down big time on this one money wise and emotion wise..i really think the only thing that's gonna get this thing back up...is an acquisition that will bring us on the NASDAQ!

Why not go LONG, and not have to worry about anything =)
 
Posted by emich25 on :
 
Sound City also promoted Peter Green to "Buyer". Peter served as a Catalog Division manager for the past 10 years and an assistant Buyer for 6 years. Previous to that, Peter served as a general manger for Analogique systems for 7 years and as a merchandising manager for 6 years with Harvey Electronics (Nasdaq:HRVE) in New York.

"Peter has been a great employee for Sound City and his knowledge and experience is what is needed to go to the next level with Sound City," said Kamel Yassin, President of Sound City.
 
Posted by BigBuyer100 on :
 
Good Morning All. I see we had a quite day yesterday ehh?

Well. Lets see what today brings us.
 
Posted by UTryan on :
 
You know....Ameritrade is really screwed up. They have been showing MOTG as closing at .07 ever since we got the "E" removed. So it's showing it down 40 - 50% every day even though we haven't closed at .07 for a while. And the 8K didn't show up there either. I don't know what their deal is. I sent in an email and they said they would address the issue.....
 
Posted by Akira_Lapin on :
 
Ask getting bumped up to .0499.

Only 3 MMs at .05, one at .053, and then NOTHING until .08.

The chart is looking strong, too. This could spike nicely.
 
Posted by UTryan on :
 
and now that I think about it, they've missed some of the PR's too...
 
Posted by binsleep on :
 
UTryan:

I have a support ticket open with them regarding the PR's.

From what they've told me, the reason the PR's aren't showing up is because they get their news from MarketWatch. Since the PR's are missing on MarketWatch's site, they are obviously missing on Ameritrade. The last update I received stated that they were going to contact MarketWatch and try to find out why the articles aren't showing up there.
 
Posted by BigBuyer100 on :
 
They should chage there PR'S to rueters.
 
Posted by binsleep on :
 
They have one of the highest per trade fee's so they should do something!
 
Posted by WarpedMind on :
 
Ohhhhhhhhhhh... IIIIIIIII...

wish I was an Oscar Mayer weiiiiinerrrrr....
 
Posted by binsleep on :
 
quote:
Originally posted by WarpedMind:
Ohhhhhhhhhhh... IIIIIIIII...

wish I was an Oscar Mayer weiiiiinerrrrr....

Where in the H-E-DOUBLE HOCKEY STICKS did THAT come from? [Big Grin]
 
Posted by binsleep on :
 
trade: Has AW responded to you?

Anyone else heard anything from the man?
 
Posted by WarpedMind on :
 
Just bored, bin. Bored and bummed.

Haven't heard from AW myself... I'm thinking he's either on vacation or at least faking it.
 
Posted by trade04 on :
 
Good morning guys, just woke up! feels good to sleep in, anyway no bin i haven not recieved a resonse. which is very strange because he always responds to me. I think my messages were two long the guy responds to one sentence emails lol, and responds like "yea" or when i said have a great weekend all he said was "u2" lol...
 
Posted by trade04 on :
 
why is that we traders need round numbers? Well i can only speak for myself but i go CRAZY after a few days if i have a number like 82,000 or 83,000 i HATE IT, the worse is something like 79,000 makes you just want to buy enough to make it an even 80k huh? why is that ?
 
Posted by Skyman on :
 
stocklexia
 
Posted by trade04 on :
 
quote:
Originally posted by Skyman:
stocklexia

thank you dr lol
 
Posted by UTryan on :
 
Hey, Ameritrade finally acknowldged that something is wrong...look what's on their main page:

Incorrect Closing Price
The closing price for several securities is incorrect, affecting the Gain and Change information shown on the Web site. We apologize for the inconvenience and are working on a resolution. Please contact a Client Services representative with any questions.
 
Posted by trade04 on :
 
no responses at all from Welch, Must be Busy =)
 
Posted by Ragedbull777 on :
 
It's funny UTryan that when you make a trade they always charge you for it. They never give you one free by mistake. I use Ameritrade and like them though. The Advanced Analyzer is awesome.


RB777
 
Posted by trade04 on :
 
MMs and Investors accumulating at rock bottom prices imo..
 
Posted by UTryan on :
 
I'm pretty new, so I've never used the advanced analyzer, I'll have to take a look at it...
 
Posted by trade04 on :
 
no trades in over an hour
 
Posted by stocknut2006 on :
 
anybody with L2??....who's always on the ask with a 0.0009 price....0.0449....we've seen that a few times today.
 
Posted by binsleep on :
 
trade: I see low volume across the board on the stocks I'm watching. Probably more to do with the week than anything. Its been absolutely dead here at work as well. Seems like everyone but me took this week off [Smile]
 
Posted by stocknut2006 on :
 
quote:
Originally posted by Akira_Lapin:
Ask getting bumped up to .0499.

Only 3 MMs at .05, one at .053, and then NOTHING until .08.

The chart is looking strong, too. This could spike nicely.

which part of the chart are you looking at to see that it looks strong ?
 
Posted by Akira_Lapin on :
 
MACD is about to cross.
RSI is nearing oversold.
Under 50 day average.
Approaching a double bottom.
 
Posted by trade04 on :
 
You can tell those selling now, are selling for signifcant losses STUPID imo...
 
Posted by binsleep on :
 
Some dude over at Yahoo is pumping MOTG on the HRVE message board. The same board where the original rumor began. Funny part is, it was the same guy who originally denounced the original post as rumor. [Smile] Too funny.
 
Posted by binsleep on :
 
He must have bought some this morning [Big Grin]
 
Posted by trade04 on :
 
quote:
Originally posted by binsleep:
Some dude over at Yahoo is pumping MOTG on the HRVE message board. The same board where the original rumor began. Funny part is, it was the same guy who originally denounced the original post as rumor. [Smile] Too funny.

lol bin..I just saw it now.
 
Posted by stocknut2006 on :
 
quote:
Originally posted by Akira_Lapin:
MACD is about to cross.
RSI is nearing oversold.
Under 50 day average.
Approaching a double bottom.

thanks for the reply. I don't have much experience reading charts, I must be looking at it the wrong way. When I look at the chart, I see lower highs, and lower lows , the 50 dma is turning and starting to face downward, the MACD is close to 0 (to cross) but it's been that way almost for the past month, and I see a downtrend from about mid november.
 
Posted by tech1 on :
 
Bin, can you still access the message? Tells me the message has been deleted. I can get in other symbol threads, but not HRVE.
 
Posted by Akira_Lapin on :
 
All true, sn.

The 50dma took a turn a few weeks ago once it hit .04, I think it might happen again. There's a lot of support there. I'm looking at that double bottom, hoping the MACD cross coincides with it hitting that support base.
 
Posted by binsleep on :
 
quote:
Originally posted by tech1:
Bin, can you still access the message? Tells me the message has been deleted. I can get in other symbol threads, but not HRVE.

tech: Yeah, I can get to all of them without a problem. Strange, I recall other people having issues when trying to access the original post as well. I've never had a problem
 
Posted by stocknut2006 on :
 
quote:
Originally posted by Akira_Lapin:
All true, sn.

The 50dma took a turn a few weeks ago once it hit .04, I think it might happen again. There's a lot of support there. I'm looking at that double bottom, hoping the MACD cross coincides with it hitting that support base.

thanks Akira_L. let's hope we do get that double bottom and the MACD crosses, and we get good news. GLTY!
 
Posted by Akira_Lapin on :
 
I'm hoping!
I don't consider myself a chart expert, but I think it's definitely an asset, even with pennies.
Always a gamble, though ... and that's why we do it, right?
GLTY ... and yes, here's to hoping ...
 
Posted by emich25 on :
 
bin that is stockster who is doing that...or should i say stock star ....he needed time to load up and now has enough shares..
 
Posted by emich25 on :
 
The RUMOR:

maybe.. motge is looking to buy harveys.. first offer was rejected but 2nd offer looks good... motge owns sound city. they want to use the sound city stores for harveys and make sound city an internet sales store.. sound city just opend a new wearhouse and a new store last week.. not bullchit good friend works there and gave me the buzz.. sales are bad there best buys is killing them.. harveys is a high priced store selling alot of harmon kardon stuff but sales arnt too good there yet.. xmas shopping should do better as they are in high income areas like bergen county.. Im not saying buy either stock.. just keep an eye on it. heres motge's website..
http://www.moderntechnologycorp.com/
no info on the sale of harveys on that sight but as soon as the deal is done ( if it goes thru) should be a nice jump in hrve.. if not oh well.. im takeing a gamble it does
 
Posted by trade04 on :
 
emich you mean MOTG!!!!!
 
Posted by Skyman on :
 
Combine Sound City and Harvey's into one brand name would be better. This makes a larger number of stores with the same name. Good advertising.
 
Posted by trade04 on :
 
Harvey Electronics has 10 locations

check it out

http://www.harveyonline.com/stores/default.asp?auth=KNMJ7&r=0&mscssid=8QCWADC6GWG49MQ0SQ8E9FUMS3490B66
 
Posted by binsleep on :
 
There is no doubt in my mind that MOTG is severly undervalued and oversold at this point. The combination of impatient investors, end of the year tax selloffs, and very MINOR dilution has sent us on a downward spiral for the last month and a half.

HOWEVER,

"Tiiiime, its on your side......Yes it is!"

Unlike other OTCBB stocks, we have Andrew Welch. He is a motivated CEO who has the drive to succeed. He has shown us that he intends to follow through on his plans to take this company through the roof. Aside from one slight bump in the road, AW has provided us with everything that has been promised.

For all of us who have been patient during the last month and a half, I feel our time to shine is coming very soon.

Mr. Welch WILL get us to the NASDAQ.

NASDAQ in '06 !!!!

Cheers to the New Year!

May you all be happy, safe, and (with MOTG) wealthy!

-bin
 
Posted by trade04 on :
 
Bin I cant stop thinking about the HUGE potential here and how investors arent getting in early. Its got me BOGGLED. Do you feel the same way?
 
Posted by binsleep on :
 
Trade: in a way yes, but I also understand the timing aspect of things. End of the year is a tough time. I feel as though the PR's were a little "too" delayed to really get anything going prior to the holiday slowdown.

However, if AW can deliver in the early parts of January, we will be off to a great start! I'm very anxious to see the revenues of SC this quarter. I have a feeling they did very well. I have been tempted to take the 3 hour drive down there to check out the showroom. Not that I want to buy anything, but it looks so nice on the web [Smile]

Anyways, timing is everything. Let's hope OUR time is real soon [Wink]
 
Posted by emich25 on :
 
Yes we have had to sit through some dillution and ufortunatly the IMG news came out at the worst possible time. Look if this runs for a couple days people are not going to want to add gains 2-3 days before the new year it is that simple. The mm's have been accumulating at .04 and above I have seen more new mm's on this stock in the past month than any month..it is simple though why run the stock now? They would have to pay also...I think Jan will be huge. I think that we will see developements with hnet , earnings for soundcity which does most of its business during the winter season they also opened another store. plus we have the harvey rumor....img is on board which is great...we should get news about them. I think jan is going to be a great month for this stock...plus guys half to remember that even after 18mil shares of dillution we still only have 48mil shares out in the os and a 35mil share float...which is nothing.....
 
Posted by WarpedMind on :
 
quote:
Originally posted by binsleep:
we have Andrew Welch.

Anthony.


All right everyone... move along. There's nothing to see... move along.
 
Posted by binsleep on :
 
quote:
Originally posted by WarpedMind:
quote:
Originally posted by binsleep:
we have Andrew Welch.

Anthony.


All right everyone... move along. There's nothing to see... move along.

LOL...thanks buddy! I have Andrew on the brain. My best friends just had a child and they named him Andrew...go figure
 
Posted by WarpedMind on :
 
Well, if the baby would have been late in delivery, then they'd have to name it Anthony. [Smile]

I hope the rest of MOTG's filings are on time... that'd send a big message to the public.
 
Posted by trade04 on :
 
ahahahahahahah!! warped LOL * your last two posts
 
Posted by caym2k on :
 
*Warpedmind:

Since the late filings are responsible by our great, smart and extremely thorough 'auditors'(aka snails), the Greenberg Associates,

naming it "Greenberg" might be a bit more appropriate.
 
Posted by Ragedbull777 on :
 
Stocknut2006, download Incredible charts, awesome program and it's user friendly. Tells you everything you need to know to become an expert in TA. Link: http://www.incrediblecharts.com/

Eddie
 
Posted by WarpedMind on :
 
very true, caym2k... i was just joking around... i agree that the blame rests on greenberg. I just hope that AW doesn't allow this to happen again.
 
Posted by trade04 on :
 
wondering if the selling has stopped, and if we will break over .05 today..
 
Posted by Ragedbull777 on :
 
Quiet day. Only one trade for 5,000 shares at .046. Bid vs Ask is .045 x .05.
 
Posted by tech1 on :
 
Everything I'm watching is slow right now. A courtesy buy at 5 would be nice; I'm outta cash or I'd do it.
 
Posted by trade04 on :
 
spoke to soon...
 
Posted by trade04 on :
 
LoL this is sooo borringgg....calm before the storm I guess
 
Posted by Ragedbull777 on :
 
Low volume means no one wants to sell. They must see the long term potential.
 
Posted by tech1 on :
 
Unfortunately, it also means no one wants to buy. Everyone is just waiting to see which way it will go, and no one wants to go first.
 
Posted by WarpedMind on :
 
Attention. Attention.

The Rally Monkey has stepped out momentarily and will be relieved by the Mortimer, the official MOTG Stand-in Monkey.

 -

Hurry back soon, oh Rally Monkey. Hurry back soon.
 
Posted by tech1 on :
 
Well, don't put it away too fast here...
 
Posted by WarpedMind on :
 
Hopefully, ol' Morty won't be here long. Rally Monkey just went out for a Big Gulp and a Super Big Bite. (The only monkey I know that eats hot dogs... he says they taste like bananas. What a monkey! [Big Grin] )
 
Posted by WarpedMind on :
 
Woo hoooo! We finally broke stinkin' .05! Good job Morty! Keep this up and Rally Monkey will be out of a job.
 
Posted by emich25 on :
 
I think we may slowly creep up....Tax loss selling is over and dillution has seemed to stop. Also we have two days before the new year...Plus we have two days before more news action and a renewed investor attention to this stock that is my opinion it is worth very little
 
Posted by trade04 on :
 
Take it easy emich... get excited when we get back over .06 and stay there...
 
Posted by trade04 on :
 
see what i mean some AHOLE always screws it up...
 
Posted by tech1 on :
 
Figures. I was seriously considering a gamble of selling my position at 47 on the guess that we'd be back here again.
 
Posted by trade04 on :
 
quote:
Originally posted by tech1:
Figures. I was seriously considering a gamble of selling my position at 47 on the guess that we'd be back here again.

its that type of mentality that other MOTG investors have (keeping us down)..screw you all..
 
Posted by WarpedMind on :
 
Rally Monkey just called... he opted for the Slurpee instead of the Big Gulp. Unfortunately, the Slurpee machine is still freezing up its next batch, so RM is sticking around waiting... once he gets a craving, he's stuck until he gets it.

Sigh.

 -
 
Posted by emich25 on :
 
looks like i was wrong
 
Posted by tech1 on :
 
Weird, 'cause we almost had a rally starting. That bites.
 
Posted by stocknut2006 on :
 
why is there so many shares at the ask ?????? fu(k!!!
 
Posted by tech1 on :
 
ARCA again.
 
Posted by stocknut2006 on :
 
quote:
Originally posted by Ragedbull777:
Stocknut2006, download Incredible charts, awesome program and it's user friendly. Tells you everything you need to know to become an expert in TA. Link: http://www.incrediblecharts.com/

Eddie

ragedbull777 > thanks for the link I appreciate it - i'm gonna check it out.
 
Posted by stocknut2006 on :
 
anybody out there ?....anybody have any speculation about what would happen to MOTG shares if we do go to the NASDAQ?...is it for sure that we would have a R/S ? I mean how could we have 50M+ o/s and jump to 0.90 or 1.05 or..?? everybody would sell and make the price drop like a rock. I'm new to this kind of situation, so if anybody feels like sharing some thoughts.
 
Posted by caym2k on :
 
I am against to ANY KIND OF R/S, for WHATSOEVER REASON.

a R/S kills a stock, as surely as a rat poision.
 
Posted by stocknut2006 on :
 
quote:
Originally posted by caym2k:
I am against to ANY KIND OF R/S, for WHATSOEVER REASON.

a R/S kills a stock, as surely as a rat poision.

i agree 100%...i'm against it also, but what would you see happening here ?
 
Posted by trade04 on :
 
this is nuts...
 
Posted by nystateofmind on :
 
wow, what a nightmare stock. [Confused]
 
Posted by NextWeek on :
 
New low .039 for 5000 shares. Same old...
 
Posted by trade04 on :
 
I was about to sell some * .04 then the ask jumped, too risky...
 
Posted by stocknut2006 on :
 
we just broke 0.04....ouchhhhhhh!
 
Posted by trade04 on :
 
only thing making me hold on is the company itself...thats why we need to get off the otc for reasons like this
 
Posted by trade04 on :
 
email time

in 2006 we may spin off HNET. If so, there would be a dividend, yes.


Alternatively, if we complete on of our technology acquisitions under consideration from UTEk, we may spin that off as well.


On Dec 29, 2005, at 12:14 PM, XXXXXXX*aol.com wrote:


will motg investors receive a dividend? if so what is the time frame?
 
Posted by BigBuyer100 on :
 
Take Care all. I'm out. Sold it all at .04.

Look for a reverse split too get onto the nadsaq. They are going to dilute as much as possibale then they will do a R/S to get onto nasdaq. JMHO.

Alot better plays on the Nasdaq now too trade rather than the pennys. WE ARE OVER 60 MIL IN DILUTION I beleive. I could see 100 Mil + in O/S before a R/S.

GLA
 
Posted by stocknut2006 on :
 
quote:
Originally posted by trade04:
only thing making me hold on is the company itself...thats why we need to get off the otc for reasons like this

for what reason ?...check the O/S i'm sure it's close to 50M. Dilution for an acquisition I hope. When I got in MOTG the O/S was 30M. Only reason i'm staying in this one, is hoping we make it to the NAS without a R/S....and even so I might just sell at a huge loss just for fear of a R/S
 
Posted by trade04 on :
 
our year end is june 06, so yes, if we get our larger deal, then we will be BEYOND $50MM annualized rev's.


I can't talk about HRVE


On Dec 29, 2005, at 12:45 PM, XXXXXX*aol.com wrote:



I sure hope so, I'm down on this one, I Normally dont invest in penny stocks, but i see this one as having potential. I have a question we are on track for 50 million in revenues for 05' still correct? does the 05' year end in June of 2006?

and also, can you comment on the Harvey Electronics rumor?

In a message dated 12/29/2005 1:42:47 P.M. Eastern Standard Time, anthony*moderntechnologycorp.com writes:
i think it does need more exposure and I think that with only a small bit, it will do well.
 
Posted by binsleep on :
 
trade: Interesting that you typed Harvey Electronics and he typed HRVE [Smile]
 
Posted by trade04 on :
 
omg I didnt even notice that lol good point bin!

In Poker they would call that a "tell"
 
Posted by emich25 on :
 
Actually buyer the float is around 48-50mil...not 60mil but thanks for posting that now that you sold. I don't think they will rs anytime soon...I think selling now silly. We have 1 day before the end of the year. You guys really think there won't be pr's coming out next week. They would be a waste now. They said that they have more aquisistions under review.

As far as dillution the float is 50mil tops it can go to is 75mil that is what is registered. If they continue to aquire companies what does it matter...At least they aren't lining their pockets like most companies,.
 
Posted by tech1 on :
 
RB, if you see this...rumor is it will be a statutory merger, rather than an acquisition. (saw your post on the 'other' board.
 
Posted by Akira_Lapin on :
 
MOTG has 100 mil a/s.
 
Posted by NextWeek on :
 
Now 150 million A/S:

http://www.otcbb.com/profiles/motg.htm

quote:
Originally posted by Akira_Lapin:
MOTG has 100 mil a/s.


 
Posted by Akira_Lapin on :
 
Missed that. Thanks, NW.
 
Posted by NextWeek on :
 
No problem. I only had it as a result of updating some bookmarks and getting info on XDSL.OB

quote:
Originally posted by Akira_Lapin:
Missed that. Thanks, NW.


 
Posted by trade04 on :
 
Where did the Ladies go??
 
Posted by Ragedbull777 on :
 
tech1, what is your handle at RB?
 
Posted by tech1 on :
 
I'm not on over there, I just read some people's messages.
 
Posted by caym2k on :
 
I am not worried.

Have not bought too much, but have not sold either.

I do think I will get my principal back early next year, so if it reaches my sell level I will just recapture the principal and let the free shares run.
 
Posted by Ragedbull777 on :
 
1 big block of 808,000 shares went at .036. I hope they stop selling shares for a while so this thing can move up.
 
Posted by emich25 on :
 
Guys, I wouldn't worry at all. You have to see how this has traded. The mm's are loading up big time. The investors are converting shares so they can sell them later on. If they weren't we would be a hell of alot lower than .038....Want to know why we went to point .038...Cause retail sellers started to get out. Hasn't anyone noticed that arca usuaally converts in the .04's ....We got up to .05 on 150k of buying the rest was conversion.
As for Bigbuyer the os is not 60mil and a rs probably won't happen. Why cause the deal would be cash....MOTG has a good amount of cash.
By the way q2 ends tommorow. who is going to sell after the busiest season. a season where they do over fifty percent of their bus. plus we will have img plus i hear that there are developments with h-net.....
 
Posted by trade04 on :
 
Correct Welch has told me personally that a split of any kind is NOT in the cards, not now, not anytime soon.
 
Posted by emich25 on :
 
One more thing to think about for every sale there has to be a buy who do you think is buying....????
 
Posted by DOG GUIDE on :
 
quote:
Originally posted by emich25:
One more thing to think about for every sale there has to be a buy who do you think is buying....????

I wish to hell I had the cash to buy more, I am down 45% but still see big things happening with this co., there is no other penny stock co. that I would stick with through this plunge. If I am lucky this dip will continue for another couple weeks and I will buy more(since I plan on holding LONG). GLTA and I am going to quit watching this on a min. by min. basis, I think I will just put a standing sell order in at 1.00 and wait.
 
Posted by gemseeker on :
 
I bought a lot today. This has solid fundamentals. Next month will be very good.
 
Posted by emich25 on :
 
that's just it....if investors can't see that there is major loading up going on. They are taking advantage of low volume days to convert shares.
Arca is not selling into runs...at the end of the day where are you going to find a stock that is less than 5 cents with 22.5 mil in rev's...think they won't be profitable soon please they only have to make a couple million dollars thats it...
 
Posted by emich25 on :
 
the difference between this and other otc's is that they aren't selling 10-20 mil shares to keep the damn door open...most of these otc dillute to pay employees and to keep the lights on they do it to buy companies...H-net Sound city - IMG - and 1.5mil in cash from demarco
 
Posted by Prdponce on :
 
Trade04

I guess I was right... It will keep going down IMO... AS increasing a bunch of PR's to dilute into the news...

Take care


Prdponce
Member


Member Rated:
posted December 11, 2005 21:17
--------------------------------------------------------------------------------

quote:
--------------------------------------------------------------------------------
Originally posted by trade04:

quote:
--------------------------------------------------------------------------------
Originally posted by bigblaster:
trade, I enjoyed your argument with prdponce, lol, It absolutely can not be said about evry stock, obviously ones like qbid and cnes with 200 billion outstanding arent gonna be stable, so I do agree with him there but there are also to many solid companies on their way up for a blanket statement like that to be made, I really do see a good future for motg, not to many others though for the long haul GLTA
--------------------------------------------------------------------------------

Glad you caught that, He was making a Bias analyzation of the entire OTCBB. And i had to call him out on that..
--------------------------------------------------------------------------------

You know what... I dont calll any stocks out.. i wish you luck... i can careless what people like you think .. because you will sink your monney on a falling knife .. but that is you and is your money so enjoy,, take care i mean it

--------------------
Do not invest in these pennies..Beware of those W news comming & spoked to CEO.... Stay away from threads W more than 3 pages... No one will get rich off one penny stock
 
Posted by caym2k on :
 
>Do not invest in these pennies..Beware of those W news comming & spoked to CEO.... Stay away from threads W more than 3 pages... No one will get rich off one penny stock

No one will get rich without taking any risks.
 
Posted by binsleep on :
 
wow, great opening so far.
 
Posted by binsleep on :
 
*chirp* *chirp* *chirp*

 -
 
Posted by danbee on :
 
Ameritrade still hasn't fixed their previous close for the MOTG qoute;sent them an email about it just now. Makes things look worse than it is even when the stock goes up from the day before.
Maybe if others that use Ameritrade would send an email too, they would do something about it.
 
Posted by Ragedbull777 on :
 
Up 15% is up 15% anyway you slice it. Hope it continues through the new year.
 
Posted by caym2k on :
 
It's quite a long way from Guadalcanal to Bataan.

(I hope someone understands what I am saying)
 
Posted by nattty04 on :
 
A few buys at .043, would be nice to see them bump the B/A up a little bit. Either way should be a green day [Smile]
 
Posted by tech1 on :
 
caym2k - Nope, not a clue.
 
Posted by WarpedMind on :
 
caym2k, all I know is, it'll be one G.I. road to hell. Kidding. Hopefully, it won't be so rough... I think that January will be a very good and exciting month.

Put the gun away, soldier, and save your ammo.

[ December 30, 2005, 11:24: Message edited by: WarpedMind ]
 
Posted by binsleep on :
 
Currahee!
 
Posted by Katrina7 on :
 
Just checkin in gang. And boy I'm sorry I did. Can't believe we closed under 4 yesterday.

I am so disappointed and very dismayed. I just checked to make sure we are not on the reg sho list, and we aren't.

With the AS increased to 150mil I am not a happy lady.

I used to have a great feeling about this stock, and now it feels like I will just be lucky to get out with my principle. Hope ya'll know something that can alter my opinion.

IMO, it smells like an r/s is coming. The os keeps rising and we are not close to trading over a dime. This sucks!
 
Posted by WarpedMind on :
 
Hey Kat... long time! [Smile]

Hang in there. We'll see how January kicks off. I'm going to wait until then before I decide how I feel about MOTG.
 
Posted by caym2k on :
 
The AS was increased on October 31.
 
Posted by trade04 on :
 
Kat its old news. hang in there, and check out the emails i posted from welch...eom
 
Posted by Katrina7 on :
 
Heading out for a hike.

Happy New Year Everyone! A big kiss for techie-poo.
 
Posted by tech1 on :
 
Kat, I'll take it!

With the HRVE rumor still floating, and their recent news, I'm not terribly concerned yet.
 
Posted by binsleep on :
 
wtf kind of bid is .0401 ? [Big Grin]

Someone playing around maybe?
 
Posted by emich25 on :
 
the aouthorized shares at 150mil is nothing. Reverse split are you kidding. the os is below 60mil...Why would there be talks of an rs...We are now just getting some liquidity...what was everyone expecting you thought there was going to be a rally with 2 weeks left in the year...Who wants to make money so that they can pay taxes with two weeks left. The investors are loading up on shares...its their right to do so. I think we will have the run of a life time in Jan. .10....I think we will hit .50 this month...watch.
 
Posted by WarpedMind on :
 
Alrighty gang.

We're going to have a good year. Was just in contact with my source.

We can expect our first PR of the year to hit next week... maybe even on Tuesday.

Let's just hope everything works out between now and then... the deals MOTG is working on are still moving the right direction.

The Rally Monkey is MIA... he never came back yesterday from 7-11, but Mortimer has been doing his best to hold the fort.

I don't think we need to worry about a R/S for a while. AW isn't gonna pull that on us.
 
Posted by tech1 on :
 
em, I agree with everything except the .50. I only disagree with that 'cause I don't want to jinx it.
 
Posted by trade04 on :
 
quote:
Originally posted by WarpedMind:
Alrighty gang.

We're going to have a good year. Was just in contact with my source.

We can expect our first PR of the year to hit next week... maybe even on Tuesday.

Let's just hope everything works out between now and then... the deals MOTG is working on are still moving the right direction.

The Rally Monkey is MIA... he never came back yesterday from 7-11, but Mortimer has been doing his best to hold the fort.

I don't think we need to worry about a R/S for a while. AW isn't gonna pull that on us.

good post and i agree welch is not playing those cards for whillee. Hes told me that personally.
 
Posted by binsleep on :
 
Mortimer...anyone remember "Picture Pages", or am I showing my age? [Wink]
 
Posted by binsleep on :
 
Warped, your source confirms what I've been feeling. It's nice to get reassured once in a while, Thanks! [Smile]
 
Posted by trade04 on :
 
Yep its true at least one or 2 prs next week, and big one possible in january. =)
 
Posted by stocknut2006 on :
 
quote:
Originally posted by trade04:
Yep its true at least one or 2 prs next week, and big one possible in january. =)

it better be really big...cause 11 million in added revenues didn't do too much to raise the PPS.
 
Posted by trade04 on :
 
Hope so too stocknut, on the bright side what a clam day it has been for MOTG hasnt it? almost as if all the cds were converted and now the holders are holding for .20+ =)


I cannot stress this enough: BUY BUY BUY
 
Posted by stocknut2006 on :
 
someone is greedy...0.0401 on the bid 0.0439 on the ask
 
Posted by trade04 on :
 
MOTG's day is coming sooner than anyone thinks...at that point people will be scrambling to buy shares * .10!
 
Posted by stocknut2006 on :
 
you just gotta laugh at how the ASK always comes down after we see some buying at the ASK.
 
Posted by tech1 on :
 
Laugh wasn't my first reaction when I saw that. What a joke, eh?
 
Posted by trade04 on :
 
MMs have been doing this all week and last week, They are trying to shake shares STILL. Only a matter of time till the computer realizes supply is low...and up we go
 
Posted by nystateofmind on :
 
quote:
Originally posted by trade04:
MMs have been doing this all week and last week, They are trying to shake shares STILL. Only a matter of time till the computer realizes supply is low...and up we go

Silly computers... [Wink]
 
Posted by trade04 on :
 
teh-HEH lol...better believe it ny!
 
Posted by stocknut2006 on :
 
yawnnnnnnnnnn!

well at least we don't have ARCA dumping shares today....but I still see him on the ASK at 0.098 so i'm pretty sure he isn't done.
 
Posted by CMoney on :
 
Only 15 min left and my wire hasnt cleared. Come on Wachovia. I want to get filled before New Years
 
Posted by trade04 on :
 
stocknut i think the converting is done. jusging from the activity today at least next week should really turn out good =) happy new year!
 
Posted by nystateofmind on :
 
Many shareholders have been dumping shares for the tax-loss... I can't wait for 2006. [Big Grin]
 
Posted by emich25 on :
 
when they want to let this run it will go. you guys don't think that ajw ie the investors know what is going on. do you really think they would lend another 700k if they weren't confident in the company...yes unfortunatly we have had to sit through dillution and watch for two weeks the manipulation that has been going on. However next month with a strong investor awareness program and some buying they should let this go. Once we finish the Harvey deal we will be dancing in the streets. We can do that deal and keep the os low that is no problem. Harvey is profitable as I think IMG is to. The goal then would be to get soundcity cranking on the internet. IMG will bring its marketing and sales skills to the table. Hnet well we will see what they doing next week hopefully. Demarco will provide us with cash. People want to discredit these companies as if they are lost causes...Look soundcity has its own financing with GE...IMG has said to have been profitable and why not they are a consulting firm.
Harvey is profitable.
As the story unfolds this will go up...OS is still small eventhough some act like 60 mil is a ton its not. 47mil in the float is nothing...all we would need os 5 days of 4 mil shares a day traded and we could trade almost have the float.
 
Posted by tech1 on :
 
Well, someone beat me to the 100 bump up. Thanks, whoever.
 
Posted by stocknut2006 on :
 
hopefully that 100 was someone trying to bump it up and not a MM signal meaning they need shares
 
Posted by stocknut2006 on :
 
Happy New Year everyone...have a safe weekend...and here's to MOTG rockin in 2006 - cheers!
 
Posted by tech1 on :
 
Nah, we do it all the time when the spread is so big; get us a little higher account value. I usually end mine with 5.
 
Posted by CMoney on :
 
shoot
 
Posted by trade04 on :
 
quote:
Originally posted by CMoney:
shoot

what a waste of thread space lol
 
Posted by nystateofmind on :
 
Closed 0.044 with a day's change of 15.79% on Dec 30th, 2005, last trade day of 05.

Happy New Years everyone. [Smile]
 
Posted by gemseeker on :
 
I am up with my MOTG shares. Should I sell and make profit !!! No Not at all. I will miss the big run happening next year. Everyone have a wonderful New Year. I have bought Johnnie Walker Blue Label 2 bottles to enjoy today and tommorow. I made a hefty profit this year but unable to make Million this year . 2006 will prove to be damm lucky as I am holding 35M ITGJ and close to half a million MOTG.
 
Posted by caym2k on :
 
Happy New Year, Everyone.

May MOTG reach its heights with no more dilution!
 
Posted by trade04 on :
 
With 2 news articles coming out next week I think MOTG will rise quite a bit, possibly into high .06's and stay there until the next pr which will be the next day, or the day after that. happy new year!!
 
Posted by Skyman on :
 
What news articles?
 
Posted by trade04 on :
 
Sky, CEO Welch told quite a few of us that there will be 2 prs the first week of january.
 
Posted by Skyman on :
 
OK, I'll wait.
 
Posted by trade04 on :
 
January Run Begins TOMORROW IMO
 
Posted by emich25 on :
 
lets start the new year right
 
Posted by Ric on :
 
I wouldn't go so far as to say a run is starting tomorrow, it could bounce a little though. I go through these stocks every so often and see what is going on. A lot of the ones that are being pushed have so many problems yet they are being pushed on the people on the board like there gold mines.

I don't see anything bad about this investment. GLTA
 
Posted by WarpedMind on :
 
Ric, I appreciate your 3rd party candor. It's good to get varying opinions to help us make balanced decisions.
 
Posted by binsleep on :
 
Warped: Hopefully the Rally Monkey finds his way back to us this week. Mortimer is starting to emit an offensive odor [Frown]
 
Posted by trade04 on :
 
Lol I got thay rally monkey in my favorite places
 
Posted by WarpedMind on :
 
Yeah, bin, I know...

But I must say, good ol' Morty did try hard. After all, we DID close up .006 for the year!

We love you Morty...

By the way, Rally Monkey showed up at the door sloshed early yesterday morning... he's sleeping it off. Apparently, he thought he though everyone celebrated, not just on New Year's Eve, but the entire New Year's Day as well. Apparently, he made a monkey of himself.

Morty's got point for now.
 
Posted by nystateofmind on :
 
quote:
Originally posted by WarpedMind:
Yeah, bin, I know...

But I must say, good ol' Morty did try hard. After all, we DID close up .006 for the year!

We closed at .006? I thought it was .0044 or so
 
Posted by WarpedMind on :
 
quote:
Originally posted by WarpedMind:
we DID close up .006 for the year!

"Up", not "at".
 
Posted by binsleep on :
 
Anyone know if there are any planned PR's for today?
 
Posted by Katrina7 on :
 
Hey gang!

Happy New Year to all. Hope everyone had an enjoyable break. I was very happy as long as I didn't check my porfolio.

Has anyone heard from the big man about any kind of "investor awareness"-- as someone put it?

It is mind boggling that after InM we are still under a dime.

Does anyone know when the Q is due?
 
Posted by nystateofmind on :
 
Maybe they should rename this stock to, LOL
 
Posted by trade04 on :
 
prs this week
 
Posted by WarpedMind on :
 
My source confirms trade04... expect our first PR (assuming nothing terrible goes wrong) tomorrow.

And the 10Q is under control so far. My source believes that MOTG will be working hard to prevent the filing from being late.
 
Posted by Katrina7 on :
 
low volume today = no selling and no dilution. TD waterhouse just upped the bid finally after no one else sold at .04. IMO, we should see a few decent buys this afternoon. Eveyone seems to think news is brewing.

Where is everyone? Jumped ship?
 
Posted by trade04 on :
 
Still here Kat, just watching over my various investments, how was your new years?
 
Posted by emich25 on :
 
I think we are seeing the effect of the new year ie the selling has dried up. the volume is non existent right now but with a invester awareness campaign it could get interesting. anytime there is buying this stock moves north in a hurry.
 
Posted by WarpedMind on :
 
I agree.

Plus, if you think about it, there is probably a sizeable amount of traders and investors still enjoying an extended New Year's weekend.
 
Posted by trade04 on :
 
pre news discount. hard to believe Morons are selling still...
 
Posted by Katrina7 on :
 
well, as always, I seem to be flat out wrong with the behavior of this stock. Instead of going up someone is selling in the 3s. what the hell?

Ya'll think it's just mm manipulation? We started to actually look good there before the selling. Damn I wish I was in in the 3s.
 
Posted by trade04 on :
 
kat dont worry we will be above .10 by months end hopefully.
 
Posted by Katrina7 on :
 
trade-we should have been well over a dime after inmarket. it makes no sense.

I'm just afraid that fluff prs will keep us where we are cause people will bail if the news is not the nas annoucement.
 
Posted by trade04 on :
 
the nas announcement is later in the month

again i look at this as an investment not a day trade
 
Posted by emich25 on :
 
let hold on a sec. we should and will be over a dime. the problem is Kat that the news was released two weeks before the new year. We all knew that it was horrible time to release that news yet alot of us clamored for it. I am guilty of that myself. I think we went through some dillution yet the os is still small relative to other companies. I think as an investor awareness campaign kicks in and we get a sense of how IMG will help w sound city and h-net news comes out things will get better. We are one day after the holiday. Volume was light untill some moron sold 200k....it has been said we will see news tommorow. I hope that it outlines the plan for this year and the nasdaq. .10 will be a memory if we aquire harvey...some think that it is not a good deal I think it is awesome and besides we are sitting below a nickel anything is good right now. I think we will move once it sets in that we have IMG and soundcity....
 
Posted by Katrina7 on :
 
emcih are you aware of some new investor awareness program?

In my wildest dreams I never thought we would be back in the 3s after Inmarket. My heart goes out to those who are averaged in the 7s and 8s.

We can hope all we want, and talk about the 22 mil revenue and promises of the future, but until we get some serious buyers, the MMs stop manipulating, and have no further dultion, we will be cycling between 3-5. Which is mind boggling to me.

But there are people out there who see Motg this way: not profitable, a nearly doubled float in a month, fails to get it's filing/acquisitions out in a timely manner. For those reasons, and whatever else, they are not buying.

Most of us have been wrong about the behavoir of this stock. Big Buyer is the only one who thought it was going back to 4. and now he's out.

not trying to be a pessimist here folks, but we are clearly not accuralty reading the minds of the OTC traders.

WHG--where are you?
 
Posted by Katrina7 on :
 
the mms are consistently filling any decent order on the bid. Don't get it. wish i woulda know that last week
 
Posted by Katrina7 on :
 
FYI

just received an email from welch that he is also concerned about the pps and working hard to remedy it.

planning on prs this week.

no reverse split in the near future.
 
Posted by Bigrod40 on :
 
Can you post it??
 
Posted by Skyman on :
 
Who the hell is Laurel Thatcher Ulrich?
 
Posted by Katrina7 on :
 
We are concerned as well and are working hard to rememdy this.


We are not contemplating a reverse split.


We will release a few Pr's. I can't comment on whether or not they will or will not be 'substantial' as that might be colored as insider information.


On Jan 3, 2006, at 2:26 PM,wrote:


Mr. Welch,

I am growing increasingly concerned about MOTG's declining pps, especially in wake of the InMarketing announcement. Are you planning on initiating any sort of investor awareness program or hiring outside IR consultants?

Rumor is that you will have some unsubstantial prs this week, which I do not will believe will remedy the situation in the immediate future.

With the price staying firmly below a dime, what sort of reverse split are you considering to bring the pps up to meet NASDAQ requirements?

Thank you,
 
Posted by trade04 on :
 
kat, I've discussed the same thing with him, He agrees the stock needs more exposure, but thinks it only needs very little to succeed.
 
Posted by Katrina7 on :
 
yes, but is he actively trying to get more exposure? no concrete answer on that one.

for newbies---it is quite unusual for a penny stock CEO to continue to write back to investors in an extremely timely manner. He has that going for him. And I've sent him some pretty nasty emails.
 
Posted by WarpedMind on :
 
quote:
Originally posted by Skyman:
Who the hell is Laurel Thatcher Ulrich?

She's a Pulitzer Prize winning author.

Skyman, maybe the question you should be asking is really:

"What the hell is Google?"

Answers to just about any question can be found there! [Big Grin] LOL!
 
Posted by Another_Newbie on :
 
If he don't do a reverse split, then how else could MOTG get listed on NAS?
 
Posted by Katrina7 on :
 
thanks warped--I wasn't gonna answer that one, figured anyone can google her....
 
Posted by Katrina7 on :
 
newbie--everyone thinks a reverse merger or statuatory merger but no one knows for sure.

this is also the same man who said he wasn't diluting and then we found out we were up 10 million shares in a week. So take everything with a grain of salt.

I haven't seen Aznas or WHG in many moons? what gives? Everyone given up?
 
Posted by caym2k on :
 
No RS is good.

It is better to not go to Nasdaq without a rs, than go to Nasdaq with a rs.

I just hope Welch is not lying.
 
Posted by Skyman on :
 
A professor at Harvard.
 
Posted by Another_Newbie on :
 
I don't know about you guys.. but like I said, I'm going long.
 
Posted by Katrina7 on :
 
I agree caym--rather stay on the otc and trade *.30 than face a rs.

I hope he's not lying, too. we at least need to get up to .30 if we want combine with HRVE and be at a buck. We gotta move big time.
 
Posted by Katrina7 on :
 
newbie, I've been holding this for three/four months--that's not long, it's an eternity for a penny. I'd really like to take some profit in January.

see ya'll tomorrow. hoping for a better day and some news.
 
Posted by Ragedbull777 on :
 
This thing will turn around when we least expect it. Tomorrow I least expect it really bad.
 
Posted by WarpedMind on :
 
My source updated me with a little more... yes, inmarketing will be used to help promote MOTG... don't worry gang, they know they need to get the word out about MOTG.

Very exciting to know that IM will be actively used to help with that... they do good work and have all the right contacts to be very effective.

Regarding the dilution, IF AW did any other than at shareholder request, it's obvious that he has done so for legitimate, ethical reason (as in acquisitions) as opposed to cashing out. I'm not worried personally. I still trust the guy.
 
Posted by wholehealthgirl on :
 
Still here, still holding. Just busy.

Know we will see better days...

btw: What's a google?

[Razz]
 
Posted by Another_Newbie on :
 
Awww... good question. What's a google? A one follow by one-hundred zeros. A google is also a company who's target price was raised to $600 pps and will make an announcement this Friday at CES announcing they will release an operating system and PCs that will rival Microsoft. Google is partned with Wal-Mart to make that official statment this Friday.

-Sorry- You didn't ask for all that. Buy hey... we're investors, so i'm sure the info isn't worthless around here
 
Posted by WarpedMind on :
 
Wow... that sounds like awesome news... Google is gonna be bigger than MS some day, I believe.
 
Posted by OhhhYeah on :
 
I doubt it
 
Posted by emich25 on :
 
I was thinking that IMG would help market MOTG seeing as they are a marketing company...
As far as the dilluiton goes welch can do nothing about that. The investors are converting they are getting ready for a run....They make more money this way...besides even with 20mil added we aren't down that much...we were holding just fine untill retailers started to sell out. They will be buying back in once the news starts rolling out.
 
Posted by aznasdq on :
 
Huge news on H-NET.....more to come....
AZ
 
Posted by binsleep on :
 
quote:
Originally posted by Ragedbull777:
This thing will turn around when we least expect it. Tomorrow I least expect it really bad.

RB: LOL
 
Posted by WarpedMind on :
 
Tell us, AZ! [Smile]
 
Posted by WarpedMind on :
 
This is ridiculous... MOTG at .038. [Frown] Huge spread too. Any ideas, gang? We're down 10% on only 105k volume.
 
Posted by trade04 on :
 
quote:
Originally posted by WarpedMind:
This is ridiculous... MOTG at .038. [Frown] Huge spread too. Any ideas, gang? We're down 10% on only 105k volume.

hold em'
 
Posted by WarpedMind on :
 
Right. I was just wondering though... with the spread so big and the movement so volatile... I wonder if the MMs are trying to discourage buys? But then again, the price is dropping... Thoughts?
 
Posted by trade04 on :
 
I don't know but it's looking weird! I'm Waiting for the ask to drop but it hasn't I dont think they are encouraging selling, and n o buying (which could take the price up) who knows could have something to do with me and a few others having our sell orders high lol
 
Posted by WarpedMind on :
 
What the heck! We're at only 200k volume and it's dropped ANOTHER .002! Those MMs are full of crap!
 
Posted by flyboy on :
 
Looks to me like the MM's want this to go up. They are keeping the ask high and dropping the bid to discourage selling. I bet this will run with some buying pressure
 
Posted by trade04 on :
 
Eventually MMs will run this, when? who knows
 
Posted by WarpedMind on :
 
I guess it gets a little confusing to me how to interpret.

I can definitely see that they are discouraging selling. But keeping the spread so big seems to discourage buying.

Is there a place I can read up on how to interpret spreads?
 
Posted by tech1 on :
 
The spread is so large because no one is bidding high. If someone would come in with a bid of 43 or 44, the bid would go up. To me, it just looks like there are no buyers, and no sellers in the 3s.
 
Posted by WarpedMind on :
 
Thx tech. Where ya been? Glad to have you back.
 
Posted by tech1 on :
 
Went down to the fishing lease for a few days. Caught some very big bass. I was here yesterday, but not much to talk about.

OT: GOOG seems to be running. Man, I sure wish I'd bought some of that at the $179 52 week low.
 
Posted by WarpedMind on :
 
Glad you had a good time fishin', tech.
 
Posted by WarpedMind on :
 
by the way, if you have some cash... PBLS has just broke through resistance and has been there for quite a few minutes now.
 
Posted by tech1 on :
 
My 205 gets Smith Barney on the bid.
 
Posted by WarpedMind on :
 
What the heck! We had a volume hit of 205... and it moved up .003 in the green!!! Those MMs have way to much power. At least it's in the right direction.
 
Posted by trade04 on :
 
tech maybe he confused it for a signal lmao...
 
Posted by WarpedMind on :
 
That was your 205? Great job Tech! I still don't understand why it moved so much. Did NITE have the bid for 200 and SB was next with the .043?
 
Posted by tech1 on :
 
Yeah, Warped; I'm the big spender. There went my Christmas bonus.
 
Posted by WarpedMind on :
 
Wow. I need to take a screen cap of this... 5 of my 7 stocks are green and two have no change... no red for once!!! :-)
 
Posted by WarpedMind on :
 
Well, at least you have a couple of bass you can eat, right? [Wink]
 
Posted by Aldeberon on :
 
Morning everyone [Smile] I trust you all had a happy holiday!
 
Posted by tech1 on :
 
Hey, stranger! How goes it?

Warped, we also pulled some crappie out. At 'em Monday. Mmmm.
 
Posted by Aldeberon on :
 
Mornin Tech!

Looks like MOTG is waiting for us all to reconvene before running again. Aww, that's sweet of you MOTG but really, in the future, it's okay to run without us!

Speculating on that Hnet news. Producing revenues ahead of schedule? Being adapted to the medical industry? A spin-off? Who knows!

Here's to a positive day. The technicals on this are sh*t.
 
Posted by Katrina7 on :
 
Morning all.

Hey Techie-poo thanks for that amazing purchase which brought sbsh back. Most days he is on the bid we see green. So maybe we will bust trhough 5 today/

News about HNET? A spin-off? What's the scoop? Are we excpecting PR today?
 
Posted by Katrina7 on :
 
Anyone seen brokeback mountain? Sure you were fishing tech...
 
Posted by trade04 on :
 
Im here drinking some budweiser select a friend brought over a month ago... ::sigh::
 
Posted by tech1 on :
 
Morning, Sunshine. Nope, have not seen BM. But I did buy some QBID. That's about as far a my liberal leanings go.

Well, according to trade and Warped, yes, supposed to be a PR today. Oh, and you mentioned something about it too, right?
 
Posted by Aldeberon on :
 
LOL Kat

They went fishing for trout but they found so much more...
 
Posted by tech1 on :
 
Trade, what's the legal age for drinking in Florida? Better be careful...
 
Posted by tech1 on :
 
No trout in Texas, Al; it's too warm. You're thinking of California, specifically SF.
 
Posted by Katrina7 on :
 
sbsh raisin' the bid....come on motg...
 
Posted by tech1 on :
 
Bid moving up. Still SB.
 
Posted by Katrina7 on :
 
yes, al, Warped seemed very interested in the kind of fish tech caught...how long did you say they were techie?
 
Posted by tech1 on :
 
Come on! Fishing's a manly sport! And I didn't go with a bunch of guys!
 
Posted by tech1 on :
 
Man, that 205 is really holding down the fort!
 
Posted by trade04 on :
 
Fishin gis fun and all, im not to into it, plus I hate fish/seafood
 
Posted by Aldeberon on :
 
Tech, so let me get this straight:

You drove from Texas to San Francisco with a truck full of guys so you could go "trout fishing?"

See the movie Brokeback Mountain. It might help you find peace.
 
Posted by tech1 on :
 
Holy cow.
 
Posted by Katrina7 on :
 
Tech-what do you mean you didn't go with guys? You were cheating on me...over the holidays?

Where's my tadpole when I need him!
 
Posted by tech1 on :
 
I've got your tadpole. Uhh, wait a minute...

And I took my kids.
 
Posted by tech1 on :
 
Ask is below the bid. What a joke.
 
Posted by Katrina7 on :
 
with that hunk a hunk of body you got, I doubt you have a tadpole.

did your kids love it? my daughter loves to fish! When were at the airport I caught her leafing through Angler. I was laughing so hard.


WTF--dilution again DOMS under the bid? I thought it was ARCA who was the diluter.
 
Posted by tech1 on :
 
How can no trades be going through with the B/A as they are?
 
Posted by tech1 on :
 
Uh, would this be a perfect ATM? Sell at 40, buy at 39?
 
Posted by Katrina7 on :
 
usually when this happens it's to show that whoever is on the b/a aren't really buying or selling.


SBSH isn't buying?

was doms the diluter the week before christmas?
 
Posted by OhhhYeah on :
 
I also hold some PLNI in the low 5's and on that thread someone made the comment below when referring to PLNI and I think it adds true to MOTG:

The "..Shorters-Snorters-Flippers-Dippers-Swingers-&-Dingers.." will attempting to wiggle, jiggle and screech like a bunch of pubescent school girls at a Menudo Concert, but I'm convinced that the dependable old "..Turtles.." with their large collections are going to walk away with the big prize here. (yellowsubmarine)
 
Posted by tech1 on :
 
Yeah, and Kat's gonna demonstrate that wiggle, jiggle, and screech for me.
 
Posted by Katrina7 on :
 
unfortuntately, I am totally a turtle here techie, trapped under a big old shell of a loss.....
 
Posted by Aldeberon on :
 
.04 SBSH x .039 DOMS

???????????

Gotta love them pennys [Roll Eyes]

Come on Nasdaq...
 
Posted by tech1 on :
 
Well, I had a sell order in for about 5 minutes at 40, no sale.
 
Posted by tech1 on :
 
Nevermind.
 
Posted by trade04 on :
 
quote:
Originally posted by tech1:
Well, I had a sell order in for about 5 minutes at 40, no sale.

So your one of the ones holding us down at this level....why dont you wait till .06+ god!
 
Posted by tech1 on :
 
Trade, whatever. It was a test. Yeah, I'm holding the whole market down.
 
Posted by Katrina7 on :
 
for god's sake. somebody buy at .039!!!!!!!!

I command it!

anyone hear from the donkey today? Is the PR really being released today? I just heard this week.
 
Posted by NextWeek on :
 
Anyone see this on Level II?
Ask .039 Bid .04 both for 5000 share but nothing being filled. Wierd! LMAO
 
Posted by trade04 on :
 
quote:
Originally posted by tech1:
Trade, whatever. It was a test. Yeah, I'm holding the whole market down.

a test? lmao whatever man!
 
Posted by nystateofmind on :
 
It's really not anyone here's fault that this stock is doing so ****ty. There are some bigger problems with MOTG keep dropping daily.
 
Posted by trade04 on :
 
quote:
Originally posted by Katrina7:
for god's sake. somebody buy at .039!!!!!!!!

I command it!

anyone hear from the donkey today? Is the PR really being released today? I just heard this week.

He told me the same thing, hasn't been answering anymore of my emails, must be tired of answering me! lol
 
Posted by MovingUp on :
 
Hi Everyone,

Was away for a while.
Hope you've all had nice holidays.
Happy New Year to all and a Happier New Year to
MOTG
 
Posted by Katrina7 on :
 
trade maybe he's actually working...or stealing all our money.....
 
Posted by trade04 on :
 
quote:
Originally posted by Katrina7:
trade maybe he's actually working...or stealing all our money.....

a comment like that deserves a good spanking...=P
 
Posted by Katrina7 on :
 
Hey moving up--you still hanging in? I know you are averaged in pretty high. Keep the faith!
 
Posted by Katrina7 on :
 
tech is already my designated spanker. Haven't you seen his hot pecs?

Sorry trade.
 
Posted by trade04 on :
 
lol ok, anyways this F***ing bid ask is trippin' me out!!
 
Posted by Katrina7 on :
 
it is ridiculous. Something is brewing. Either we are going to finally bust through 5 or we are headed for 3. I don't know which...I just hope it's not dilution.

Please answer my question-----was it DOMS diluting during the xmas break or ARCA, as it was in the past?

tech you weren't able to sell at .04. Has anyone tried to buy at .039? Even $50 as a test?
 
Posted by Katrina7 on :
 
so sbsh finally bought doms at .039? let's hope he doesn't come back!
 
Posted by Aldeberon on :
 
Katrina congratulations on your 1000th post!

I'm not sure if that's a good thing or not...
 
Posted by nystateofmind on :
 
quote:
Originally posted by Katrina7:
it is ridiculous. Something is brewing. Either we are going to finally bust through 5 or we are headed for 3. I don't know which...I just hope it's not dilution.

Please answer my question-----was it DOMS diluting during the xmas break or ARCA, as it was in the past?

tech you weren't able to sell at .04. Has anyone tried to buy at .039? Even $50 as a test?

That would be the 3's calling.
 
Posted by Katrina7 on :
 
I hope not. At least the bid just raised. I thought for sure Nite would drop the ask.
 
Posted by MovingUp on :
 
Hi Kat,

Yes, I'm still here. I show dogs and this is getting to be show season in Ohio.
I haven't looked at this too much for about a week, hoping it would go up. Surprise [Eek!]
You're right I'm averaged in at around .076 so I'm definitely in a holding pattern.
Have to be, but I believe that it will eventually be a good investment.
 
Posted by Another_Newbie on :
 
I'm bored, lack of thrilling action
 
Posted by trade04 on :
 
welch must seriously be working! hasnt answered ONE email, has anyone gotten a reply from him today?
 
Posted by OhhhYeah on :
 
OXFORD, MS--(MARKET WIRE)--Jan 4, 2006 -- Modern Technology Corp (OTC BB:MOTG.OB - News), a rapidly growing diversified technology development and acquisition company, announced initiating market development efforts for 2006. MOTG has been preparing the H-NET platform and surrounding sales and technical support infrastructure in the months following the acquisition of this important asset.

ADVERTISEMENT
In the coming months, the H-Net software and related support systems will be marketed in both the USA and Europe with sales and distribution expanding throughout the year.

Since acquisition of H-NET, MOTG has created a sales and technology support infra-structure, expanded the market scope of the H-NET software technology to service the broader medical industry, and developed key marketing and industry relationships for both marketing and distribution.

The H-NET technology is complete, market-proven, and has a long history in the Vision Care industry. The H-NET technology serves the three largest retail vision care chains in the United States. Companies using H-NET.NET software include LensCrafters, Pearle Vision, Cole Vision, Eye Care Centers of America, Family Vision, Wal-Mart's Sam's Stores, Macy's Group, Bensons, Standard Optical (Canada), the Bay Group (Canada), Optica Lee Borinquin (Puerto Rico) and Scrivens Optical (UK).

Anthony Welch, Modern Technology Corp's Chairman, said, "The New Year heralds continuing accomplishments for MOTG. As shareholders witnessed, MOTG delivered significant results and revenue growth in 2005. We expect 2006 to be even more impressive."

Additional acquisitions are under consideration that may place annualized revenues over $50,000,000. The company plans to meet its revenue goal of $75,000,000 in 2006 and list its stock on a national exchange.

In 2004 the company paid a $383,697 cash dividend. In October of 2001, it paid a stock dividend of 403,000 shares and on June 30, 1999, it distributed a stock dividend of 403,000 shares as part of a spin-off transaction.

The company intends to pay dividends as appropriate and as part of its anticipated subsidiary spin-off strategy. The company's long-term plan is for stockholders to realize strong capital appreciation from their MOTG stock as well as new stock paid to them as part of the spin-off transactions.

This guidance is the company's best, good faith estimate based on current conditions and numerous assumptions about the company's industry, its access to financing, the competitive and regulatory landscape and its ability to successfully consummate the acquisitions under consideration.
 
Posted by tech1 on :
 
Decent so far. Pretty good guidance. We'll see where the market takes this. Hopefully, this is the first of a few PRs.
 
Posted by MovingUp on :
 
It looks promising, now if others looking to invest can get past the past mistakes we may see some increase in buying volume.
 
Posted by Katrina7 on :
 
fluff--but nonetheless some buying. Note that nite just can't let tdcm be on top of the bid.....
 
Posted by trade04 on :
 
This is great news dividends, guidance, outlook whats the next pr going to be about?
 
Posted by tech1 on :
 
Investors typically have short term memory. With the mention of the big names (Wal-Mart, LensCrafters, etc.) we should see more interest. The bid is finally gaining some strength....Well, it was.
 
Posted by tech1 on :
 
"The company plans to meet its revenue goal of $75,000,000 in 2006 and list its stock on a national exchange."
 
Posted by Katrina7 on :
 
it wants to run, but the mms dont want it to run.

this sucks.

all those buys and then continuing to drop the ask. total BS
 
Posted by tech1 on :
 
Absolutely no reason whatsoever to mention dividends and spin-offs unless that's a planned event.

"In 2004 the company paid a $383,697 cash dividend. In October of 2001, it paid a stock dividend of 403,000 shares and on June 30, 1999, it distributed a stock dividend of 403,000 shares as part of a spin-off transaction.

The company intends to pay dividends as appropriate and as part of its anticipated subsidiary spin-off strategy. The company's long-term plan is for stockholders to realize strong capital appreciation from their MOTG stock as well as new stock paid to them as part of the spin-off transactions."
 
Posted by stnkng1 on :
 
its sitting at .039 what does everyone think this year will bring for pps
 
Posted by binsleep on :
 
While this may seem like a fluff PR to some, there are some interesting points.

They have been preparing for a major launch of the H-NET software, not only in the eyecare industry, but also in the broader healthcare industry. Folks, this has the potential to be HUGE in due time.

AW also stated that they have been developing key marketing and distribution relationships to get this puppy out the door AND on a GLOBAL front.

Granted, we knew that H-NET was in the background and that they were planning on taking it to the global marketplace, but it is definately reassuring to witness their proactive approach in doing so.

And who can neglect the 75 Million Revenue statement? [Smile]

All in due time.
 
Posted by BULListic on :
 
I'm in at 425....followed this one for sometime and it's down 50% in the last two months despite nothing but promising news IMO. If the company wants to get to Naz, the only way will be via a R/S, but will deal with that when/if that time comes...32.6 million shares o/s as of 9/30/05 which is about double from 1/1/05. Authorized is only 150 million, so it's not like the company is going to be printing a boatload of shares either. Also from Yahoo, Enterprise Value (what they value the company at) is $5.25 million and the actual Market Cap is only $1.40 million, so MOTG is only trading at 25-30% of it's intritic value, so to me, a very undervalued stock.
 
Posted by tech1 on :
 
Bull, rumor is, they will actually complete a statuatory merger with an already-listed company. Further, the rumor is it will be with HRVE, a company in danger of being delisted. So, the move would benefit both companies.
 
Posted by Another_Newbie on :
 
yeap
 
Posted by UTryan on :
 
is anyone else out there on Ameritrade seeing the wrong closing price? I asked them about it and they told me it was my browser's fault and that I needed to clear my cache. It's been showing a closing price of .07 now since we got the E removed last. Anyone?
 
Posted by Another_Newbie on :
 
closing price of .07? nice... if only that was true.
 
Posted by UTryan on :
 
Well....except that a closing price of .07 means it is also showing us down 38.71 percent.
 
Posted by Another_Newbie on :
 
so... do the math. Your cache needs cleaning. [Big Grin]
 
Posted by UTryan on :
 
Lol...I doubted that it was really that, but just for kicks and giggles I cleared my cache, and I even logged in on another computer, but still the same thing....just wondering if others are having the same issues...
 
Posted by binsleep on :
 
The last PR that MarketWire received for MOTG was in mid-December. They really need to fix that. Ameritrade hasn't gotten back to me since the last update so apparently they are getting nowhere.

UTryan: I was showing the wrong price last week, but it has since remedied itself. I don't recall cleaning my cache though [Wink]
 
Posted by Another_Newbie on :
 
maybe you need a new account or a new broker. switch to ETrade
 
Posted by UTryan on :
 
Bin, I also sent them an email about this last pr. It didn't show up either.
 
Posted by UTryan on :
 
That's what I'm beginning to think too newbie...
 
Posted by Katrina7 on :
 
utryan--I have the same problem on two separate amtrade accounts. shows closing of .07. I'll email them and see what they say.

etrade giving bargain basement prices.
 
Posted by trade04 on :
 
anyone getting stressed? I AM!!!
 
Posted by Katrina7 on :
 
etrade wouldn't be diluting, right? that's retail.
 
Posted by Another_Newbie on :
 
Diluting? what u mean?
 
Posted by Marty on :
 
Jumped in at .039
I like the way this stock looks. A little volume, and it could really move. Lots of potential, even if just for a swing. GLTA
http://quotes.barchart.com/quote.asp?sym=MOTG

http://tinyurl.com/c8usl
 
Posted by Another_Newbie on :
 
welcome to the family. I hope you're in for long
 
Posted by Katrina7 on :
 
why does etrade keep comin back at .039? Has anyone check to os lately. Do I need to email megan?
 
Posted by trade04 on :
 
i dont think its dilution kat normally mms pump the stock to get rid of the shares
 
Posted by WarpedMind on :
 
That's probably right, Kat. I have TDW and I show .038 right now.

An email to Megan wouldn't hurt.

Welcome back Al.
 
Posted by UTryan on :
 
now I got this answer from Ameritrade:

I was able to duplicate what you are describing, and it was submitted it to our developers for further review and analysis on 12/27/05. I will forward the screen shots you sent to help resolve this issue. Thank you for your patience in this matter.

In other words, we are still working on removing our heads from our............we'll get to your problem later....

argh
 
Posted by Katrina7 on :
 
this has got to be dilution. Who the f would be selling at .038?
 
Posted by trade04 on :
 
kat could be buyers buying at the bid...
 
Posted by Aldeberon on :
 
I think the mistake I made was getting into MOTG for a quick buck and it looks like I will be holding it a lot longer than planned. All the fundamentals are there, this is shaping up to be one of the best companies on the OTCBB. Definitely one of the top 20. Once they begin showing profits from all these subsidiaries this will fly. Problems in the recent past with dilutons and late filings have let the MM's take it down below support levels and left a bad taste in investors' mouths.

Sound City is a profitable company which is expanding its retail footprint opening new stores and standing strong with an internet presence. Hnet owns the software used by essentially the ENTIRE vision care industry. Welch is looking to take Hnet into the medical industry and we may have an ipo spinoff in the future with free shares for MOTG shareholders. Inmarketing is in the business to broadcast news of their parent company and get more investors putting their money on MOTG. They've locked in projected revenues of $20m+ a year and are looking to add an additional $50m+ this year alone. A craftfully executed merger will both put us on the Nasdaq and allow for further synergies between Harve electronics (if they're the one) and Sound City electronics. The resulting conglomerate would put a huge dent in retailers like Best Buy and Circuit City's profits.

The future of this company is so bright. It's not a question of "will" it rocket up, but when?
 
Posted by Katrina7 on :
 
trade
you don't buy "at the bid". you buy at the ask. someone has to be selling to complete the transaction.

okay al-- pump it up dude
 
Posted by trade04 on :
 
if you put ur order in at the bid sometimes you will get it kat it happens all the time, then they drop the bid...classic manipulation
 
Posted by Aldeberon on :
 
I think what I'm saying is, we will all make the money we want on MOTG. It's just going to take a lot longer than we thought.

Bad news for those of us who needed to make a quick buck to pay some bills though.
 
Posted by Another_Newbie on :
 
A statement from Welch,
"Additional acquisitions are under consideration that may place annualized revenues over $50,000,000. The company plans to meet its revenue goal of $75,000,000 in 2006 and list its stock on a national exchange."
 
Posted by nystateofmind on :
 
Picked up 7500 more shares at .039
 
Posted by BULListic on :
 
Kat, that's just not true...this is the OTC:BB, the buyers and sellers include the MM's and I've traded 3 times in the last week and got buys at the bid. Sometimes they bite, sometimes they don't, but it does happen.
 
Posted by Another_Newbie on :
 
How does $75 Mil related to getting us in Naz?
 
Posted by BULListic on :
 
Kat, that's just not true...this is the OTC:BB, the buyers and sellers include the MM's and I've traded 3 times in the last week and got buys at the bid. Sometimes they bite, sometimes they don't, but it does happen.
 
Posted by Katrina7 on :
 
yes trade, by putting in your order at the bid, you are simply making an offer just like all the rest of the people on the bid. You are not buying from the bid, those people are buying, too. It has nothing to do with the bid.

Someone may decide to fill your order without coming on the ask. That someone is still selling their shares to you. And in the last half an hour, someone has just given up over 200k shares between .038-.039.
 
Posted by Aldeberon on :
 
Trade and Bull, you are right in that it possible to buy on the bid. But in order to do so, SOMEONE has to be selling. Either a shareholder or an MM, every transaction that occurs on the bid is considered a SALE. Every transation that occurs on the ask is considered a BUY.

Trade, you are out of line in your last post. Please remove it.
 
Posted by tech1 on :
 
Trade, what are you, about 15? It's sad that someone has to explain the concept of bid and ask to you, and you can't take the lesson like a grown up. If you haven't noticed, we really try to ignore you.
 
Posted by Katrina7 on :
 
stockster or whoever the hell you are, if you want to get booted from the board keep it up.

we don't talk like that here and we don't call each other names.

grow up or go post on RB.
 
Posted by WarpedMind on :
 
Trade, what the crap? Come on man.

Edit that or else we're dropping you in the middle of the bonfire.

In fact, you really owe Kat an apology... that was just uncalled for. She was just trying to help you understand. If you don't make good on this, I'm sending ol' Mortimer over.
 
Posted by wholehealthgirl on :
 
Trade did say he was drinking beer this a.m. Does wonders for ones logic and manners.

Kat and Al are correct, though it is confusing if you look at it too long.
 
Posted by Aldeberon on :
 
Trade I know you don't want to be the first and only person added to my Allstocks ignore list. I'm giving you a few minutes to apologize before I take action. I've already reported your last post.
 
Posted by Another_Newbie on :
 
bonfire wohooo! Al, where u at... you're the one that makes those
 
Posted by trade04 on :
 
AARRRRGHHHHHHHHHH
 
Posted by wholehealthgirl on :
 
too much drinking going on
 
Posted by tech1 on :
 
Ahh, those were the days; being a teenager with dad's 6 pack on a Wednesday morning.
 
Posted by WarpedMind on :
 
hey whg... where ya been? We missed ya. Welcome back.

Trade, dude, are you bipolar or something? She was just trying to explain something. If you already know, fine. It's not like she was putting you down. Keep it up and then you'll be wondering why no one wants to share those beers with ya. (Do me a favor and send Rally Monkey back. He's had too many beers anyways.)
 
Posted by Katrina7 on :
 
thanks guys for the backup, trade just went on my iggy list.
 
Posted by Another_Newbie on :
 
It's cool, Katrina... girls gotta back each other up. O-wait... there's guys here too
 
Posted by wholehealthgirl on :
 
Hey warped. I was shirking my other "duties" by hanging out here too much. Had to go to a support group. I was clean for a week, but then as you see, I just had a posting slip. [Big Grin]

Back to tunneling a path thru my house...
 
Posted by WarpedMind on :
 
Too bad... you know, I thought Trade04 was one of us. Sigh.

Trade04, you need to make good here with Kat, man. We'll chalk it up to the beer if you just tell her you're sorry.
 
Posted by Katrina7 on :
 
NEWS!!!!!
 
Posted by trade04 on :
 
ok IM SORRY with the combination of beer and the manipulation of the share price (Then the condescending comment) I JUST SNAPPED!!!!
 
Posted by Aldeberon on :
 
MOTG just released their 10K again?
 
Posted by WarpedMind on :
 
Ah, well I'm glad that at least one of us got help.

Remember, the first step towards a cure is admitting you have a problem.

Me? I don't have a problem. I can quit anytime. [Big Grin]
 
Posted by Another_Newbie on :
 
Forget the beer, News is better. Pass it over, Kat
 
Posted by tech1 on :
 
More news? Where, I'm not finding anything?
 
Posted by Aldeberon on :
 
Amended 10K just released:

http://xml.10kwizard.com/filing_raw.php?repo=tenk&ipage=3871458
 
Posted by WarpedMind on :
 
Can someone post the news please?

Thanks for the apology Trade... one thing though... I don't think Kat or anyone else was trying to be condescending.

You know how it is on the internet... everything can be misunderstood when you type it. We just all need to relax... we're all good here.
 
Posted by WarpedMind on :
 
So wut's different?
 
Posted by trade04 on :
 
I apoligize not just to kat but to everyone.
 
Posted by Katrina7 on :
 
looks like amended 10k looks like all the big numbers the same....still looking for other discrepencies.
 
Posted by Another_Newbie on :
 
you're forgiven
 
Posted by Katrina7 on :
 
i'm not that easy, (even though tech may think otherwise)
 
Posted by WarpedMind on :
 
We have never experienced any bankruptcy or similar proceeding. We have never by a party to a "reverse merger" or similar transaction.

I do like this... it's a feather in MOTG's cap to be able to state this (expecially on a penny stock). To me this is comforting... I believe they'll think twice before doing any R/Ms.

Trade04, you're ok with me. Thanks for the apology.
 
Posted by Katrina7 on :
 
they have done a reverse split before though
 
Posted by Another_Newbie on :
 
quote:
Originally posted by Katrina7:
i'm not that easy, (even though tech may think otherwise)

um... am i missing something? [Eek!]
 
Posted by Katrina7 on :
 
meant I'm not quite ready to forgive him for what he said. it's not that easy
 
Posted by WarpedMind on :
 
Ooops... Kat, sorry. When I read "reverse merger", I was actually thinking "reverse split". In any event, this still gives us a little light of how we'll get into NAZ... looks like they'll be avoiding the Reverse Merger route, like we suspected.
 
Posted by Another_Newbie on :
 
OOH. ok, cool. I totally miss understood that.
 
Posted by tech1 on :
 
Not greedy. Especially Church.

"Executive Compensation
During the fiscal year ended June 30, 2005, management salaries were as follows:
Anthony K. Welch $91,100
Rob Church $0"
 
Posted by WarpedMind on :
 
Is that the change? The compensation?
 
Posted by tech1 on :
 
Just their salaries. Thought it was interesting. (I didn't want to brag)
 
Posted by Katrina7 on :
 
church is one of the officers, so he go either 1/2 or 1/4 (not sure which) of the 91,000 in officers salaries and also he owns church and whatever which got paid a nice amount for motg's accounting.

I'm outta here gang. Hope we close in the 4s. See you tomorrow

Warped--your pm folder is full, I couldn't reply to you.
 
Posted by tech1 on :
 
Anyone find anything significant?
 
Posted by Aldeberon on :
 
Yes there was one difference I could find. Wasn't that fun reading through 2 10k's! They left a line out of the original K for Accrued Expenses but they still had the numbers right. So, looks like a typing mistake nothing big. I compared the two side by side and all the numbers are the same. They're not fleecing us or anything. I didn't look for textual changes, if there was a minor one it would have gone unnoticed. I don't have the time to read both word for word though [Smile]
 
Posted by binsleep on :
 
Wow, I leave for an hour and all H3ll breaks loose! [Smile]

Everyone, take a deep breath!
 
Posted by Aldeberon on :
 
Trade, thanks for the apology. I know tensions can get high when our $20m/year stock keeps hitting new lows. Just leave the wine coolers in the fridge from now on!
 
Posted by WarpedMind on :
 
Kat, I cleaned up my box a little. Please resend your reply.

Thanks.
 
Posted by Aldeberon on :
 
Looks like our Cup-and-handle is turning into a double bottom:

 -

Hard to believe our pps was .35 a year ago BEFORE all these revenues and acquisitions! Dios mio, the penny market.
 
Posted by emich25 on :
 
well for one thing we had no volume when we were at .35...secondly there is no reason for us to be at .039 even with a small loss it is ridiculous. I hope that Anthony does have a plan. I think he does...i still think it will be a stat merge onto the nasdaq
 
Posted by emich25 on :
 
i know that this is painful for alot of us to watch. I think it sux too but I don't blame anthony...yes the k was late which held up alot of things and killed momo but he has done everything like he said he would. IMG is done soundcity is selling and now H
NET is being marketed. Rememeber we got the same kind of pr's on demarco before a contract pr...we own all of hnet so it would really benefit us to see them grow...cause it could later be spun off.
 
Posted by Another_Newbie on :
 
ok.. my question is this. What is the meaning of reverse merger and reverse split, because I was thinking they where the same
 
Posted by emich25 on :
 
What he is trying to say is that they never reversed the company into a shell....
A reverse merger is when one company merges into a shell company...
 
Posted by emich25 on :
 
a reverse split is when you have 100 shares and they split them to make them less...ie 1 for ten now every 10 shares you have you now have one it shrinks the os....
 
Posted by emich25 on :
 
i predict we will get more news today
 
Posted by WarpedMind on :
 
Rally's drinking buddy Trade04 sent him on home. Welcome back, Rally Monkey. Now you just go and shake your thaaaang.

 -
 
Posted by tech1 on :
 
Warped, no you just didn't...
 
Posted by Another_Newbie on :
 
no he didn't what??? The image doesn't work. Warped... repost a working image link
 
Posted by Marty on :
 
thought we'd see a little EOD rally when they moved the b x a back up to .038 x .039....interesting how the PR didn't hit all the news wires....
 
Posted by WarpedMind on :
 
Worked for me AN. Dunno wut to say.
 
Posted by binsleep on :
 
Warped: pregnancy.org ??? There something you trying to tell us? [Wink]
 
Posted by UTryan on :
 
I see the rally monkey there...Works for me... [Smile] GO RALLY MONKEY!!! I BELIEVE IN YOU! lol
 
Posted by binsleep on :
 
quote:
Originally posted by emich25:
i predict we will get more news today

em, you just saying that or do you know something we don't know? [Big Grin]
 
Posted by emich25 on :
 
We will get more news
 
Posted by tech1 on :
 
Yeah, Warped, what're you doing browsing the pregnancy website?
 
Posted by binsleep on :
 
quote:
Originally posted by emich25:
We will get more news

Sweet!

Warped, make sure you put a nice shine on old Rally Monkeys shoes, we need to look our best out there!
 
Posted by WarpedMind on :
 
Hey, that's where the picture was... didn't feel like looking around for it, but i figured you'd all get a kick out of the fact that it was on pregnancy.com or whatever. [Smile]

Man, Rally Monkey is good... he comes out just for a couple minutes and we close green today. Good job! One Killian's Irish Red for you, coming right up!
 
Posted by tech1 on :
 
Warped, come on. You didn't think anyone would notice where it came from. Admit it; you were browsing the preggo site.
 
Posted by trade04 on :
 
MORE NEWS TODAY???????????
 
Posted by binsleep on :
 
quote:
Originally posted by WarpedMind:
Man, Rally Monkey is good... he comes out just for a couple minutes and we close green today.

In that case!!!!

 -
 
Posted by WarpedMind on :
 
LOL! Good one bin!

Tech, um... not into preggos. [Smile]
 
Posted by emich25 on :
 
news...........
 
Posted by OverDose on :
 
3 PR's in one day and more to come according to the lastest PR...ready to move if the MM's would go away.
 
Posted by wholehealthgirl on :
 
http://biz.yahoo.com/iw/060104/0105298.html
 
Posted by Fireplay5 on :
 
Here it is:

quote:
OXFORD, MS--(MARKET WIRE)--Jan 4, 2006 -- Modern Technology Corp (OTC BB:MOTG.OB - News) a rapidly growing diversified technology development and acquisition company announced details on its various strategic initiatives and revenue expectations for 2006. Having met its objectives for 2005, the company recaps its successes and sets its vision for the coming new year. The company will release more expansive guidance and updates in the coming days and weeks for each major topic found herein.


2005 Growth Goals Met

MOTG met its 2005 goals for acquisitions and business development. The company acquired three entities: Sound City, H-NET, and INmarketing and raised over $4.2 Million in funding.

We expanded our subsidiary Sound City by opening a new retail location and appointing a new General Manager for that location. The new store opening increases the company's retail exposure and prepares the organization for stronger sales growth.

We completed the acquisition of INmarketing. INMarketing adds an estimated $11.5 Million in 2005 revenues and a projected additional $14 Million in revenues for 2006. INmarketing generated $8.7 Million in revenues in 2004 and generated $5.8 Million in revenues in the first half of 2005.

We anticipated closing certain transactions within 2005 to put revenues beyond the $50 Million mark. These transactions are inherently slow and have extended into 2006.

We intend to continue delivering on our promises as stockholders have come to expect.

2006 Revenues Guidance

As stockholders can see, our revenue growth is strong and we anticipate uninterrupted momentum. Our year-end is June 30 and our present projected annualized revenues are approximately $20,000,000 without further acquisitions. We have acquisition targets under consideration that, if completed, will create annualized revenues exceeding $50,000,000 for year-end 2006. If we complete the current transactions we have under consideration, we anticipate passing the $75,000,000 annualized revenue threshold by year-end 2006. If during 2006 we achieve these revenue goals earlier, we will revise our projections upward accordingly.

Earnings Focus

In addition to achieving our revenue targets, our key focus for 2006 is to consolidate our operational infra-structure and eliminate redundant costs areas and reduce overall expenses. These reductions arise from the inherent synergy between our operational subsidiaries. These cost reductions and efficiencies are the culmination of MOTG's efforts and business plan as stated in 2005. The company's one-time expenses related to acquisitions will no longer affect earnings going forward and the company anticipates cash-positive operations and a full return to profitability in 2006 as a result of synergy, consolidation and revenue growth. Subsidiaries that have not been profitable are on a return to profitability and when combined with our current profitable subsidiaries, we are optimistic regarding our 2006 earnings picture.

Acquired Technologies Market Introduction

In June 2005 we announced a strategic alliance agreement with UTEK Corporation. This alliance provides us with nascent, market-ready technologies. We intend to commercialize them through our existing sales and distribution channels. We anticipate significant revenues from these technologies. Of particular note are technologies relating to energy conservation.

Advancement of H-NET technology

Since acquisition of H-NET, MOTG has created a sales and technology support infra-structure, expanded the market scope of the H-NET software technology to service the broader medical industry, and developed key marketing and industry relationships for both marketing and distribution.

During 2006 the H-Net software and related support systems will be marketed in both the USA and Europe with sales and distribution expanding throughout the year.

The H-NET technology is complete, market-proven, and has a long history in the Vision Care industry. The H-NET technology serves the three largest retail vision care chains in the United States.

Energy Conservation Initiatives

International Sales and Marketing of DeMarco Energy Systems

The Energy Conservation and Alternative Energy sectors are rapidly growing sectors in which MOTG has a significant stake through its relationship with DeMarco Energy Systems of America, Inc. (Other OTC:DMES.PK - News). We are developing a worldwide distribution network of geothermal and alternative energy sales channels.

This energy initiative will result in new revenues and exposure for both MOTG and DeMarco Energy. MOTG provides executive consulting, marketing support, business infrastructure and related services while DeMarco Energy provides its patented geo-thermal solutions. MOTG intends to acquire additional energy-related technologies and make them available to DeMarco energy for commercialization as appropriate.

Dividends

MOTG has a history of paying dividends. In 2004 the company distributed a $383,697 cash dividend. In 2001, it paid a stock dividend of 403,000 shares as part of a spin-off transaction and in 1999, it paid a stock dividend of 403,000 shares as part of a spin-off transaction.

MOTG may spin off one or more of its subsidiaries in 2006 if business conditions warrant. We will pay either stock or cash dividends as appropriate. Our long-term plan is for stockholders to realize capital appreciation from their current MOTG holdings and new stock paid to them as spin-off dividends.

About Modern Technology Corp

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

Safe-Harbor Statement

This press release contains statements (such as projections regarding future performance) that are forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. Actual results may differ materially from those projected as a result of certain risks and uncertainties, including but not limited to those detailed from time to time in the Company's filings with the Securities and Exchange Commission.


Contact:
Company Contact:
Megan Peterson
1-662-236-5928


 
Posted by OhhhYeah on :
 
I like preggos... they have a sexy aura about them!
 
Posted by OhhhYeah on :
 
Form 10KSB/A for MODERN TECHNOLOGY CORP

4-Jan-2006

Annual Report

Management's Discussion and Analysis of Results of Operations.

General

The following information should be read in conjunction with the Consolidated Audited Financial Statements and Notes thereto and other information set forth in this report.

Forward-Looking Statements

Statements contained in this Form 10-K that are not historical fact are forward looking statements. These statements can often be identified by the use of forward-looking terminology such as estimate, project, believe, expect, may, will, should, intends, or anticipates or the negative thereof or other variations thereon or comparable terminology, or by discussions of strategy that involve risks and uncertainties. We wish to caution the reader that these forward-looking statements, such as statements relating to timing, costs and of the acquisition of, or investments in, existing business, the revenue or profitability levels of such businesses, and other matters contained in this Form 10-K regarding matters that are not historical facts, are only predictions.

No assurance can be given that plans for the future will be consummated or that the future results indicated, whether expressed or implied, will be achieved. While sometimes presented with numerical specificity, these plans and projections and other forward-looking statements are based upon a variety of assumptions, which we consider reasonable, but which nevertheless may not be realized. Because of the number and range of the assumptions underlying our projections and forward-looking statements, many of which are subject to significant uncertainties and contingencies that are beyond our reasonable control, some of the assumptions inevitably will not materialize, and unanticipated events and circumstances may occur subsequent to the date of this Form 10-KSB. Therefore, our actual experience and results achieved during the period covered by any particular projections or forward-looking statements may differ substantially from those projected.

Consequently, the inclusion of projections and other forward-looking statements should not be regarded as a representation by us or any other person that these plans will be consummated or that estimates and projections will be realized, and actual results may vary materially. There can be no assurance that any of these expectations will be realized or that any of the forward-looking statements contained herein will prove to be accurate. The Company does not undertake any obligation to update or revise any forward-looking statement made by it or on its behalf, whether as a result of new information, future events or otherwise.

Overview

We were incorporated in Nevada in 1982 as a for-profit corporation. We have never experienced any bankruptcy or similar proceeding. We have never by a party to a "reverse merger" or similar transaction. We have engaged in business categorically similar to our present line of business since inception.

We are engaged in aiding both private and public companies in the areas of business development, financing, product development, corporate strategy, corporate image and public relations, product distribution and marketing, and executive management consulting. We collectively refer to companies in which we own an equity position, our majority owned subsidiaries, corporate customers and clients as portfolio companies. We charge for our services in cash or equity in the portfolio company. We may also exchange our services for revenue sharing of future sales of products or sharing of proceeds from the sale of licenses and technologies owned by our portfolio companies. We seek to grow through strategic acquisitions in addition to generating income from our services.

We seek to build revenues by a model continuous growth, strategic acquisitions, and commercialization of nascent technology. We seek to improve operating efficiencies among our portfolio companies through elimination of cost redundancies and realized synergy between subsidiaries. We also seek to commercialize new technology and provides to our portfolio companies and subsidiaries new product lines, operations infrastructure, and significant intellectual capital.

Our sources of revenue are primarily from:

† Consolidated revenues of our portfolio companies which we own in majority;

† Management and consulting fees we may charge our portfolio companies;

† Revenue sharing agreements we may have with our portfolio companies;

† Royalty and licensing proceeds from the sale of technology rights we may own in whole or in part with our portfolio companies;

† Proceeds from the sale of securities we may own in our portfolio companies;

† Proceeds from the interest and payment of debt we may hold in our portfolio companies; and

† Proceeds from the conversion of debt we may hold in our portfolio companies into marketable securities and subsequent sale of same.

In March 2004 and as part of our plan of reorganization and ongoing plan for operations we applied for listing of our Common Stock on the Over-The-Counter-Bulletin Board. We received approval on July 19th, 2004 and trade under the symbol MOTG.

On July 31, 2004 as part of our plan of reorganization and ongoing plan for operations we effected a Reverse Split of the Company's Common Stock on a 1 for 15 Basis.

Results of Operations

During the fiscal year ended June 30, 2005, the Registrant incurred a net loss of $1,123,816, compared to a net loss of $118,296 for the fiscal year ended June 30, 2004. Its revenues for the year ended June 30, 2005 were $3,078,145. These revenues include only the revenues from the date of acquisition of Sound City. For the fiscal year ended June 30, 2004, the Registrant's expenses consisted of officers' salaries, general and administrative expenses, the principal items consisting of legal and accounting fees, telephone and insurance expenses, a realized gain of $41,714 related to sales of securities which consisted primarily of MediCor, Ltd securities (See Note 4 to the Financial Statements), an unrealized loss from the decline in stock price of our remaining marketable securities of $33,922, a $7,830 Loss on Writedown of Investment and a $19,307 Loss on Writedown of Worthless Loan with an overall loss of $24,817 related to the Registrant's decision to discontinue the operations of its Pharmavet subsidiary. For the fiscal year ended June 30, 2005, the Registrant had general and administrative expenses of $895,903, officer salaries of $91,100 and cost of sales of $2,261,212.

In comparing fiscal year expense items for fiscal year 2005 with fiscal year 2004 items, the Registrant experienced increases in both operating and in officer's salaries from $24,364 in 2004 to $91,100 in 2005 and an increase in general and administrative expenses from $50,940 in 2004 to $895,903 in 2005. The reason for the change was an increase of business activity for the period, due primarily to the acquisition of Sound City.

During the fiscal year ended June 30, 2005, the Registrant had generated a net loss of $1,123,816 compared to a net loss of $118,296 for the fiscal year ending June 30, 2004. The increase in net loss is attributable to the expenses associated with acquisitions and related costs.

During the fiscal year, income tax expenses amounted to $0.

Liquidity and Capital Resources

At June 30, 2005, the Registrant's total assets amounted to $6,861,170 as compared with $31,827 at June 30, 2004. The change can be attributable to the acquisition of Sound City and related operations. During the fiscal year ended June 30, 2005, we have experienced negative cash flows and have relied primarily on the Registrant's cash balances to fund our operations. We are not currently bound by any long or short-term agreements for the purchase or lease of capital expenditures.

Our ability to continue in existence is dependent on our having sufficient financial resources to cover operating expenses. We believe we have enough cash and equivalents to cover operations for the next twelve month period. In addition, our auditors included language which qualified their report regarding our ability to continue as a going concern in their report dated October 18, 2005.

CRITICAL ACCOUNTING POLICIES

The preparation of financial statements and related disclosures in conformity with accounting principles generally accepted in the United States requires management to make judgments, assumptions and estimates that affect the amounts reported. Note 2 of Notes to the Consolidated

Financial Statements describes the significant accounting policies used in the preparation of the consolidated financial statements. Certain of these significant accounting policies are considered to be critical accounting policies, as defined below.

A critical accounting policy is defined as one that is both material to the presentation of our financial statements and requires management to make difficult, subjective or complex judgments that could have a material effect on our financial condition and results of operations. Specifically, critical accounting estimates have the following attributes: 1) we are

required to make assumptions about matters that are highly uncertain at the time of the estimate; and 2) different estimates we could reasonably have used, or changes in the estimate that are reasonably likely to occur, would have a material effect on our financial condition or results of

operations.

Estimates and assumptions about future events and their effects cannot be determined with certainty. We base our estimates on historical experience and on various other assumptions believed to be applicable and reasonable under the circumstances. These estimates may change as new events occur, as additional information is obtained and as our operating environment changes. These changes have historically been minor and have been included in the consolidated financial statements as soon as they became known. In addition, our Management is periodically faced with uncertainties, the outcomes of which are not within our control and will not be known for prolonged periods of time.

Based on a critical assessment of its accounting policies and the underlying judgments and uncertainties affecting the application of those policies, our Management believes that our consolidated financial statements are fairly stated in accordance with accounting principles

generally accepted in the United States (GAAP), and present a meaningful presentation of our financial condition and results of operations.

Our Management believes that the following are our critical accounting policies:

ESTIMATES IN FINANCIAL STATEMENTS

The preparation of financial statements in conformity with generally accepted accounting principles requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates.

INCOME TAXES

The Company accounts for income taxes in accordance with Statement of Financial Accounting Standards (SFAS) No. 109, Accounting for Income Taxes. SFAS 109 has as its basic objective the recognition of current and deferred income tax assets and liabilities based upon all events that have been recognized in the financial statements as measured by the provisions of the enacted tax laws. Valuation allowances are established when necessary to reduce deferred tax assets to the estimated amount to be realized. Income tax expense represents the tax payable for the current period and the change during the period in the deferred tax assets and liabilities.

Financial Statements

REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM

To the Shareholders and Board of Directors

Modern Technology Corp.

Oxford, MS

We have audited the accompanying consolidated balance sheet of Modern Technology Corp. and subsidiaries (collectively the Company) as of June 30, 2005 and the related consolidated statements of operations, changes in shareholders' equity and cash flows for each of the two years in the period ended June 30, 2005. These financial statements are the responsibility of the Company's management. Our responsibility is to express an opinion on these financial statements based upon our audits.

We conducted our audits in accordance with the standards of the Public Company Accounting Oversight Board (United States). Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement. The Company is not required to have, nor were we engaged to perform, an audit of its internal control over financial reporting. Our audit included consideration of internal control over financial reporting as a basis of designing audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion of the effectiveness of the Company's internal control over financial reporting. Accordingly, we express no such opinion. An audit also includes examining, on a test basis, evidence supporting the amounts and disclosures in the financial statements. An audit also includes assessing the accounting principles used and significant estimates made by management, as well as evaluating the overall financial statements presentation. We believe that our audit provides a reasonable basis for our opinion.

In our opinion, the consolidated financial statements presented above present fairly, in all material respects, the financial position of Modern Technology Corp. at June 30, 2005, and the results of its operations and cash flows for each of the two years then ended in conformity with U.S. generally accepted accounting principles.

The accompanying consolidated financial statements have been prepared assuming that the Company will continue as a going concern. As discussed in Note 11 to the consolidated financial statements, the Company has incurred losses and negative cash flows from operations in recent years through June 30, 2005 and these conditions are expected to continue through June 30, 2006, raising substantial doubt about the Company's ability to continue as a going concern. Management's plans in regard to these matters are also discussed in Note 11. These financial statements do not include any adjustments that might result from the outcome of this uncertainty.

GREENBERG & COMPANY LLC

Springfield, New Jersey

October 18, 2005
 
Posted by OhhhYeah on :
 
Modern Technology Corp Announces 2006 Initiatives and Revenue Guidance for $75,000,000
Wednesday January 4, 5:06 pm ET

OXFORD, MS--(MARKET WIRE)--Jan 4, 2006 -- Modern Technology Corp (OTC BB:MOTG.OB - News) a rapidly growing diversified technology development and acquisition company announced details on its various strategic initiatives and revenue expectations for 2006. Having met its objectives for 2005, the company recaps its successes and sets its vision for the coming new year. The company will release more expansive guidance and updates in the coming days and weeks for each major topic found herein.

ADVERTISEMENT
2005 Growth Goals Met

MOTG met its 2005 goals for acquisitions and business development. The company acquired three entities: Sound City, H-NET, and INmarketing and raised over $4.2 Million in funding.

We expanded our subsidiary Sound City by opening a new retail location and appointing a new General Manager for that location. The new store opening increases the company's retail exposure and prepares the organization for stronger sales growth.

We completed the acquisition of INmarketing. INMarketing adds an estimated $11.5 Million in 2005 revenues and a projected additional $14 Million in revenues for 2006. INmarketing generated $8.7 Million in revenues in 2004 and generated $5.8 Million in revenues in the first half of 2005.

We anticipated closing certain transactions within 2005 to put revenues beyond the $50 Million mark. These transactions are inherently slow and have extended into 2006.

We intend to continue delivering on our promises as stockholders have come to expect.

2006 Revenues Guidance

As stockholders can see, our revenue growth is strong and we anticipate uninterrupted momentum. Our year-end is June 30 and our present projected annualized revenues are approximately $20,000,000 without further acquisitions. We have acquisition targets under consideration that, if completed, will create annualized revenues exceeding $50,000,000 for year-end 2006. If we complete the current transactions we have under consideration, we anticipate passing the $75,000,000 annualized revenue threshold by year-end 2006. If during 2006 we achieve these revenue goals earlier, we will revise our projections upward accordingly.

Earnings Focus

In addition to achieving our revenue targets, our key focus for 2006 is to consolidate our operational infra-structure and eliminate redundant costs areas and reduce overall expenses. These reductions arise from the inherent synergy between our operational subsidiaries. These cost reductions and efficiencies are the culmination of MOTG's efforts and business plan as stated in 2005. The company's one-time expenses related to acquisitions will no longer affect earnings going forward and the company anticipates cash-positive operations and a full return to profitability in 2006 as a result of synergy, consolidation and revenue growth. Subsidiaries that have not been profitable are on a return to profitability and when combined with our current profitable subsidiaries, we are optimistic regarding our 2006 earnings picture.

Acquired Technologies Market Introduction

In June 2005 we announced a strategic alliance agreement with UTEK Corporation. This alliance provides us with nascent, market-ready technologies. We intend to commercialize them through our existing sales and distribution channels. We anticipate significant revenues from these technologies. Of particular note are technologies relating to energy conservation.

Advancement of H-NET technology

Since acquisition of H-NET, MOTG has created a sales and technology support infra-structure, expanded the market scope of the H-NET software technology to service the broader medical industry, and developed key marketing and industry relationships for both marketing and distribution.

During 2006 the H-Net software and related support systems will be marketed in both the USA and Europe with sales and distribution expanding throughout the year.

The H-NET technology is complete, market-proven, and has a long history in the Vision Care industry. The H-NET technology serves the three largest retail vision care chains in the United States.

Energy Conservation Initiatives

International Sales and Marketing of DeMarco Energy Systems

The Energy Conservation and Alternative Energy sectors are rapidly growing sectors in which MOTG has a significant stake through its relationship with DeMarco Energy Systems of America, Inc. (Other OTC:DMES.PK - News). We are developing a worldwide distribution network of geothermal and alternative energy sales channels.

This energy initiative will result in new revenues and exposure for both MOTG and DeMarco Energy. MOTG provides executive consulting, marketing support, business infrastructure and related services while DeMarco Energy provides its patented geo-thermal solutions. MOTG intends to acquire additional energy-related technologies and make them available to DeMarco energy for commercialization as appropriate.

Dividends

MOTG has a history of paying dividends. In 2004 the company distributed a $383,697 cash dividend. In 2001, it paid a stock dividend of 403,000 shares as part of a spin-off transaction and in 1999, it paid a stock dividend of 403,000 shares as part of a spin-off transaction.

MOTG may spin off one or more of its subsidiaries in 2006 if business conditions warrant. We will pay either stock or cash dividends as appropriate. Our long-term plan is for stockholders to realize capital appreciation from their current MOTG holdings and new stock paid to them as spin-off dividends.

About Modern Technology Corp

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

Safe-Harbor Statement

This press release contains statements (such as projections regarding future performance) that are forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. Actual results may differ materially from those projected as a result of certain risks and uncertainties, including but not limited to those detailed from time to time in the Company's filings with the Securities and Exchange Commission.
 
Posted by tech1 on :
 
Ohhyeah, all this is good for a new thread. I started one, but you can do it if you like. This thread is longer than 3 pages though, so we definitely need a new one.
 


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