This is topic MLXO>>> Chart in forum Micro Penny Stocks, Penny Stocks $0.10 & Under at Allstocks.com's Bulletin Board.


To visit this topic, use this URL:
http://www.allstocks.com/stockmessageboard/ubb/ultimatebb.php/ubb/get_topic/f/8/t/027293.html

---

Posted by PRD on :
 

 

---

Posted by Lockman on :
 
http://stockcharts.com/h-sc/ui?s=MLXO&p=D&b=5&g=0&id=p99261792232
 

---

Posted by The Bigfoot on :
 
Hey guys,

Been in this one since last week. Expecting good things soon but so far all I know is that I bought in too high. LOL

GL

Bigfoot
 

---

Posted by The Bigfoot on :
 
Finally,

Here's the start of the bounce we've been waiting for.

LOD .01

current .013/.014

.014 printed
 

---

Posted by DDA on :
 
awaiting agpro update
 

---

Posted by The Bigfoot on :
 
.013/.015

pre-market hits at .015
 

---

Posted by DDA on :
 
Nice
 

---

Posted by The Bigfoot on :
 
.014/.015
 

---

Posted by The Bigfoot on :
 
Looking slow but strong so far this morning.
 

---

Posted by The Bigfoot on :
 
.014/.017

LOD .014
 

---

Posted by The Bigfoot on :
 
.015/.017

Still waiting to see .017 print
 

---

Posted by The Bigfoot on :
 
.016/.017

.017 printed

up 70% in three days and smooth accumulation still moving.
 

---

Posted by casviper on :
 
if this goes below a penny, than I see no reason for it not to continue its drop. the trend has been down. there is definately something happening that we don't know about. this stock was at .09 when there no mentioin of them purchasing the new company. since then it tried a run and failed its making record income and the pps goes down. something does not add up.
 

---

Posted by The Bigfoot on :
 
.015/.018

.019 HOD so far
 

---

Posted by casviper on :
 
**********: IBIN, NNSR, TCNH, HLKMF, MLXO, QOIL Have Also Been Added To Naked Short List Today

May 23, 2007 (M2 PRESSWIRE via COMTEX) -- **********, www.**********, announced today that these select companies have been added to the NASDAQ, AMEX and NYSE naked short threshold list: IBSG International Inc. (OTCBB: IBIN), NanoSensors Inc. (OTCBB: NNSR), Technest Holdings Inc. (OTCBB: TCNH), Houston Lake Mining Inc. (OTC: HLKMF), Michelex Corp. (OTC: MLXO), Quest Oil Corp. (OTC: QOIL). For a complete list of companies on the naked short list please visit our web site. To find the SqueezeTrigger Price before a short squeeze starts in any stock, go to www.**********.

Michelex Corp. (OTC: MLXO) founded in 1972, is a manufacturer/importer and distributor of C-Zero's, Cshells, Norelco Boxes, Jewel Boxes, DVD Boxes and other related specialty plastic products. The company has manufacturing facilities and distribution points in New York and Salt Lake City. The company employs people who are committed to the customers and to the operations of the business. Michelex offers a full range of products through its divisions to make it a one-stop shop for its customers. Michele Audio - Audio duplication services and an exclusive rights holder of a large catalog of music and spoken word recordings. Michelex Media Products - Producer, supplier and distributor of paper multimedia packaging products, also offering complete fulfillment services to its customers. With 105.87 million shares outstanding and 168,100 shares declared short as of April 2007, there is a failure to deliver in shares of MLXO.
 

---

Posted by casviper on :
 
The companies market cap is $1,588,050. I still believe this isn't moving anytime soon. I feel for those who bought today and are now already at a loss.
 

---

Posted by The Bigfoot on :
 
Cas, you been in this one for a while now.

Can I ask what you are averaged at?

Look at how even 50k pops us up 30-40 percent. It's ripe for a pop due to news or group play. Not saying it's gonna happen this week but I still think the movement potential on this one is good.

BF
 

---

Posted by casviper on :
 
I bought at .05 which wasn't bad given the chart at the time and all the promises they were giving.
 

---

Posted by DDA on :
 
I averaged it down to 0.031 - should have waited bit
 

---

Posted by casviper on :
 
I think it has a better chance of going below a penny then me seeing my .05 again. Also,I think we will see a reverse split and get screwed further. Trust me when I say I hope I'm wrong however it looks like I've been right so far.
 

---

Posted by The Bigfoot on :
 
I see,

Yeah, we won't pop to .05 right away. Unless they start pumping ethonol that is...then we'd blow right past it.

DDA's average is right around where I am thinking the first real resistance will form once volume starts to carry it. I'm hoping it can touch .04.

You might think that's way overboard but if you look at our volume levels it suggests that whoever was ridding themselves of shares dried up late last week and we have been strictly on a retail diet here. Big Move still comin IMO.

GL

.017/.018
 

---

Posted by The Bigfoot on :
 
Lockman and PRD, are either of you still in?

Posts by Bigfoot over the last 10 days.

5/16/07

quote:

---

LOD .01 current .013/.014 .014 printed

---

quote:

---

.013/.015 pre-market hits at .015

---

quote:

---

.014/.017 LOD .014

---

quote:

---

.015/.017 Still waiting to see .017 print

---

quote:

---

.016/.017 .017 printed Up 70% in three days and smooth accumulation still moving.

---

quote:

---

.015/.018 .019 HOD so far

---

quote:

---

.017/.018 .018 printed

---

quote:

---

Hang on a while longer, I was told by the company that they were almost ready for the auditors to complete the 10 K and 10 Q, it was a week ago or so. I got a hunch that the Ag Pro deal is going to close in early June and filings will follow.


Keep the faith

---

quote:

---

I heard something along those same lines....
it went..."first things first"...!!!
...nothing till Ag Pro is closed..!!

---

quote:

---

COMPANY NEWS AND PRESS RELEASES FROM OTHER SOURCES:

**********: BSI, CPL, DESC, HDTV, TCNH, MLXO Have Been On ********** Naked Short List For 13 Consecutive Trading Days

Jun 11, 2007 (M2 PRESSWIRE via COMTEX) -- **********, www.**********, announced today that these select companies have been on the NASDAQ, AMEX and NYSE naked short threshold list for 13 consecutive trading days: Blue Square - Israel, Ltd. (NYSE: BSI), CPFL Energia S.A. (NYSE: CPL), Distributed Energy Systems Corp. (NASDAQ: DESC), SpatiaLight Inc. (NASDAQ: HDTV), Technest Holdings Inc. (OTCBB: TCNH), Michelex Corp. (OTC: MLXO). For a complete list of companies on the naked short list please visit our web site. To find the SqueezeTrigger Price before a short squeeze starts in any stock, go to www.**********.
...

Michelex Corp. (OTC: MLXO) Michelex Plastics, founded in 1972, is a manufacturer/importer and distributor of C-Zero's, Cshells, Norelco Boxes, Jewel Boxes, DVD Boxes and other related specialty plastic products. The company has manufacturing facilities and distribution points in New York and Salt Lake City. The company employs people who are committed to the customers and to the operations of the business. Michelex offers a full range of products through its divisions to make it a one-stop shop for its customers. Michele Audio - Audio duplication services and an exclusive rights holder of a large catalog of music and spoken word recordings. Michelex Media Products - Producer, supplier and distributor of paper multimedia packaging products, also offering complete fulfillment services to its customers. With 105.87 million shares outstanding and an undisclosed short position, the failure to deliver in shares of MLXO has not been resolved and a buy-in is possible.

---

Trading has been low and slow with a good sized gap. Still can't seem to break the .02 mark but we should go up some from here.
 

---

Posted by casviper on :
 
what do they mean by buy-ins possible??
 

---

Posted by PCola77 on :
 
A buy-in is when someone (a broker, MM, institution or individual) has a short position that has to be closed out. They are "bought-in", meaning the short shares are purchased for them without their "consent", or directive. In other words, they'd be buying at whatever price someone was wiling to sell.

Theoretically when buy0ins occur you can have a short squeeze if enough people increase or remove sell orders.

In practice though, buy ins "profiles" hundreds of these and significant actual short squeezes are extraordinarily rare.
 

---

Posted by casviper on :
 
thank you. Now hopefully they will finalize the purchase of Agopro and get on with their business. This has been dragged out long enough.
 

---

Posted by The Bigfoot on :
 
Agreed.
 

---

Posted by The Bigfoot on :
 
Shorts are covering.

Popped from .012 to .015

.0145/.015 current

619k volume

will be removed from sho list soon
 

---

Posted by casviper on :
 
maybe something is about to happen. I need some good news today.
 

---

Posted by The Bigfoot on :
 
Off the sho list today.

Also a REGDEX has appeared on Edgar with an change date of 06/07/07.

I am assuming it is in relation to the J.H. Darbie restricted shares deal but as it is a paper copy I can't pull it up on the net. Asking around and will let folks know if I find anything out.

If it is the J.H. Darbie thing (I said if) then Ag Pro might be in the final stages here.

BF
 

---

Posted by The Bigfoot on :
 
Nobody seems to know for sure the contents of the REGDEX though most believe it is the specifics of J.H. Darbie deal that was PR'd earlier.

I have put in a request with the SEC for a copy of the filing but I doubt I'll get it sent to me before whatever card is up Michelex's sleeve get played out.

.013/.015

0 volume
 

---

Posted by casviper on :
 
what is REGDEX and is this good?
 

---

Posted by The Bigfoot on :
 
Hey Cas,

REGDEX stands for Regulation D Exemption

Here is a partial explanation excerpt I was able to google. This does not list all the types of exemptions under Regulation D (I don't think) but it gets the idea across.

quote:

---

D. Regulation D

Regulation D establishes three exemptions from Securities Act registration. Let's address each one separately.

.
.
.
Rule 506

As we discussed earlier, Rule 506 is a "safe harbor" for the private offering exemption. If your company satisfies the following standards, you can be assured that you are within the Section 4(2) exemption:

* You can raise an unlimited amount of capital;
* You cannot use general solicitation or advertising to market the securities;
* You can sell securities to an unlimited number of accredited investors (the same group we identified in the Rule 505 discussion) and up to 35 other purchasers. Unlike Rule 505, all non-accredited investors, either alone or with a purchaser representative, must be sophisticated - that is, they must have sufficient knowledge and experience in financial and business matters to make them capable of evaluating the merits and risks of the prospective investment;
* It is up to you to decide what information you give to accredited investors, so long as it does not violate the antifraud prohibitions. But you must give non-accredited investors disclosure documents that generally are the same as those used in registered offerings. If you provide information to accredited investors, you must make this information available to the non-accredited investors as well;
* You must be available to answer questions by prospective purchasers;
* Financial statement requirements are the same as for Rule 505; and
* Purchasers receive "restricted" securities. Consequently, purchasers may not freely trade the securities in the secondary market after the offering.

Since the SEC definitions for Rule 506 reference Rule 505, here is the Rule 505 information from the same page:

Rule 505

Rule 505 provides an exemption for offers and sales of securities totaling up to $5 million in any 12-month period. Under this exemption, you may sell to an unlimited number of "accredited investors" and up to 35 other persons who do not need to satisfy the sophistication or wealth standards associated with other exemptions. Purchasers must buy for investment only, and not for resale. The issued securities are "restricted." Consequently, you must inform investors that they may not sell for at least a year without registering the transaction. You may not use general solicitation or advertising to sell the securities.

An "accredited investor" is:

* a bank, insurance company, registered investment company, business development company, or small business investment company;
* an employee benefit plan, within the meaning of the Employee Retirement Income Security Act, if a bank, insurance company, or registered investment adviser makes the investment decisions, or if the plan has total assets in excess of $5 million;
* a charitable organization, corporation or partnership with assets exceeding $5 million;
* a director, executive officer, or general partner of the company selling the securities;
* a business in which all the equity owners are accredited investors;
* a natural person with a net worth of at least $1 million;
* a natural person with income exceeding $200,000 in each of the two most recent years or joint income with a spouse exceeding $300,000 for those years and a reasonable expectation of the same income level in the current year; or
* a trust with assets of at least $5 million, not formed to acquire the securities offered, and whose purchases are directed by a sophisticated person.

It is up to you to decide what information you give to accredited investors, so long as it does not violate the antifraud prohibitions. But you must give non-accredited investors disclosure documents that generally are the same as those used in registered offerings. If you provide information to accredited investors, you must make this information available to the non-accredited investors as well. You must also be available to answer questions by prospective purchasers.

Here are some specifics about the financial statement requirements applicable to this type of offering:

* Financial statements need to be certified by an independent public accountant;
* If a company other than a limited partnership cannot obtain audited financial statements without unreasonable effort or expense, only the company's balance sheet, to be dated within 120 days of the start of the offering, must be audited; and
* Limited partnerships unable to obtain required financial statements without unreasonable effort or expense may furnish audited financial statements prepared under the federal income tax laws.

---

quote:

---

Originally posted by PRD:

---

 

---

Posted by ViperZ on :
 
we should be getting 2nd quarter results in about 3 weeks. I wounder if the company deal will be completed by then.
 

---

Posted by The Bigfoot on :
 
Less than two weeks until 2nd Q results should be out.

Can they beat first Q? I think we see some good numbers soon.
 

---

Posted by ViperZ on :
 
Even if their 2nd quater is good if they continue to talk about Agopro this thing will fall. They should never of mentioned Agopro until they were sure they were finalizing the purchase. It makes them look like a pinky. JMO
 

---

Posted by The Bigfoot on :
 
We shall see,

This guy isn't always a timely deliverer but ya gotta admire his tenacity. The way he pushed through the whole WellsFargo thing and got back up an running says a lot. Doesn't mean that he can complete the Agpro deal, but I think if there is any way for him to do so, he'll find it.

Regardless, I am expecting more than a Mil in sales over the 2nd quarter as they regain market presence.
 

---

Posted by ViperZ on :
 
I thought we would have received our quarterly report. Its been too quite. I don't think this means good stuff coming. JMO
 

---

Posted by The Bigfoot on :
 
Don't worry yet ViperZ.

We know they have been producing so at the very least we have a 2nd Q that can be expected to look much like the 1st Q that pushed us from .016 to .028 by itself.

That there is a delay could mean they are coupling it with something else.

I will hold til 2 Q is out and don't plan on selling below .024. If news gets paired with Agpro I'll probably hold a while yet.

BF
 

---

Posted by The Bigfoot on :
 
NEWS

Michelex Corp. Announces Planned Reduction in Authorized Shares and Plans for an Investor Awareness Campaign

MASSENA, N.Y., Aug 3, 2007 (*********wire via COMTEX) -- Michelex Corp. (Pink Sheets:MLXO) ("Michelex" or the "Company"), a plastic manufacturing company with its offices in Utah, and an audio record production group, announced today that it plans on lowering the number of authorized common stock to 500 million shares. The company believes that its share price is substantially undervalued and therefore the number of authorized shares needs to be reduced. Michelex continues its plastics operations as well as its audio recording production group and also believes its current market capitalization does not represent its true intrinsic value. The Company intends to file the necessary documentation to lower the authorized shares.
The Company is moving forward with its acquisition of Ag Pro. Thomas Gramuglia, President and CEO, states that "We feel very comfortable that we can lower the authorized shares and still have room for growth."

Michelex has been interviewing Investor Relations firms and hopes to have one in place after the acquisition. It will be important for the Company to communicate more with the shareholders once the acquisition is completed. Michelex is looking for an Investor Relations firm that will create shareholder value as well as help the Company look for new ways to introduce itself to new investors. The Company will focus its efforts on bringing in new investors once the acquisition has been completed.

ABOUT MICHELEX

Michelex Plastics, founded in 1972, is a manufacturer/importer and distributor of C-Zero's, CShells(r), Norelco Boxes, Jewel Boxes, DVD Boxes and other related specialty plastic products. The company has manufacturing facilities and distribution points in New York and Salt Lake City. The company employs people who are committed to the customers and to the operations of the business. Michelex offers a full range of products through its divisions to make it a one-stop shop for its customers.

Michele Audio -- Audio duplication services and an exclusive rights holder of a large catalog of music and spoken word recordings.

Michelex Media Products -- Producer, supplier and distributor of paper multimedia packaging products, also offering complete fulfillment services to its customers.
 

---

Posted by The Bigfoot on :
 
Good news here! Investors have been wanting that AS of 1 Bil reduced for a long time. OS has been hanging around 100 Mil for a long time with around 50mil of that restricted but I'm gonna call TA and double check those numbers before I stake my rep on them. It's been a while.

REducing AS by half should help in the confidence department but it isn't the production numbers I was hoping for.

Hopefully this is just the first of a series of PRs.

BF
 

---

Posted by ViperZ on :
 
This is good if its followed with a good quarter report and the finalization of the acquisition of Ag Pro. Even better if they have forward forecasting of numbers with the ownership of Ag Pro. Thanks for the news Big.
 

---

Posted by ViperZ on :
 
Big, Can you take a look at IMJX and let me know what you think.
 

---

Posted by The Bigfoot on :
 
Spread has stayed split all day so far.

.014/.017

Looks like they are gonna make investors rise to ask if they want in this week.
 

---

Posted by The Bigfoot on :
 
Dang!

Sitting at .014 with 0 volume today. B/A split out .0135/.0155 with out budging.

Check out the chart!

Bollinger bands are at .011-.014-.017
MacD is 0-0-0
RSI is at 50.24
And 50 day moving average is .014

We are about as centered a chart as you can possibly get.

http://stockcharts.com/h-sc/ui?s=MLXO&p=D&b=5&g=0&id=p17161440106
 

---

Posted by emich25 on :
 
Michelex Corp. Updates Shareholders On Ag Pro and Announces Targeted Acquisition of Two Additional Soybean Crushing Facilities
Thursday August 9, 5:48 pm ET

MASSENA, N.Y., Aug. 9, 2007 (PRIME NEWSWIRE) -- Michelex Corp. (Other OTC:MLXO.PK - News) ``Michelex'' (or the ``Company'') a plastic manufacturing company with its offices in Utah, and an audio record production group would like to update its shareholders on significant news which may completely transform the company over the coming months and years.

Michelex has executed an acquisition and working capital term sheet for $15,000,000.00 with a New York based private lending/investment company. These funds will be used primarily to acquire Ag Pro, Ltd. and fund the working capital required to upgrade current daily operations at this facility. This term sheet is contingent on a due diligence review currently in process and definitive documentation for all parties. Michelex is confident the due diligence process will be completed quickly and, once approved, Michelex expects the acquisition of Ag Pro to close within fifteen business days thereafter.

Ag Pro, Ltd. (``Ag Pro'') http://www.agprosoy.com/ owns a soybean and oilseed crushing plant in Massena, New York. The plant processes soybeans into soy meal and crude soy oil. Its current crushing capacity is 150 tons of soybeans per day, which can be increased to 250 tons shortly after the acquisition. The refinery has a capacity of 50 tons of oil per day. Ag Pro's oil refinery is a physical refinery, rather than a chemical refinery like most others. Chemical refineries use the solvent hexane. Hexane's toxicity to the human nervous system is well documented. Ag Pro's physical refinery produces oil that retains its health benefits because it does not use hexane in its process.

ADVERTISEMENT
The Company is also excited to announce that Ag Pro, Ltd. has been in talks with a distributor that supplies several major fast food restaurant chains about supplying them with trans-fat free soybean oil. The first rounds of testing with the oil have been successful. With the new Trans Fat Ban, many restaurants, including popular fast-food chains have switched or are switching to zero trans-fat oil.

In addition to Ag Pro, Michelex is negotiating the purchase of two more soy bean crushing plants. The Company has come to terms with the same lending group which, upon successful due diligence and definitive documentation, will offer Michelex the funding to acquire these companies. Michelex will then have a working interest in three soy bean crushing plants to supply the Ag Pro Refinery. The two additional soybean crushing plants to be acquired together with Ag Pro, have combined revenue of over 25 million dollars and are profitable. Michelex anticipates the closing on these two additional soybean crushing facilities within 45 days of the Ag Pro acquisition. Together, all of the companies presently being considered for acquisition should have revenue capacity of approximately $65 million and could form a sustainable and profitable nucleus for Michelex.

Thomas Gramuglia, President and CEO stated, ``We feel the deals signed present significant value to shareholders, as we were able to secure lending that did not require convertible debt. We feel this is beneficial for both Michelex and shareholders both short-term and in the long run.''

Michelex stands to capitalize on this hot sector by becoming a leading supplier of zero trans-fat soy oil to the marketplace.

The Company also has a proposal for non-dilutive financing that would give its plastics division additional working capital tied to inventory.

Michelex Corp. appreciates the shareholders' patience. The Company has been working very hard to create value for shareholders with acquisitions that make economic sense and minimize dilution.

About Michelex

Michelex Plastics, founded in 1972, is a manufacturer/importer and distributor of C-Zero's, Cshells, Norelco Boxes, Jewel Boxes, DVD Boxes and other related specialty plastic products. The company has manufacturing facilities and distribution points in New York and Salt Lake City. The company employs people who are committed to the customers and to the operations of the business. Michelex offers a full range of products through its divisions to make it a one-stop shop for its customers.

Michele Audio -- Audio duplication services and an exclusive rights holder of a large catalog of music and spoken word recordings.

Michelex Media Products -- Producer, supplier and distributor of paper multimedia packaging products, also offering complete fulfillment services to its customers.

Safe Harbor:

This release may contain forward-looking statements within the meaning of the Private Securities Litigation reform Act of 1995. The risks and uncertainties that may affect the operations, performance development and results of the Company's business include but are not limited to fluctuations in financial results, availability and customer acceptance of our products and services, the impact of competitive products, services and pricing, general market trends and conditions, and other risks detailed in the Company's SEC reports.
 

---

Posted by Homersbud on :
 
Looks good! Got a small position at 017
 

---

Posted by emich25 on :
 
Alot of people here bought to see the aquisition...don't miss out..this company will be worth more in a few weeks to months...solid news...
 

---

Posted by Homersbud on :
 
Gooooooooooooooooooo!

02x0205!
 

---

Posted by The Bigfoot on :
 
HEEEYAAA!

205/21
 

---

Posted by Homersbud on :
 
025 prints...lol
 

---

Posted by The Bigfoot on :
 
Look at these little 5kers. MM's trying to get the lid on.

If bid starts to really move this stock will jump by 5's instead of ones.
 

---

Posted by emich25 on :
 
Guys we got to spread the word on this and get more investors interested..i think once we close up more people will come...
take care
 

---

Posted by Homersbud on :
 
I'm on the 019 bid, come on whackers, fill me!
 

---

Posted by ViperZ on :
 
This will be next years dollar stock.
 

---

Posted by Homersbud on :
 
Woohoo, they filled me!
 

---

Posted by The Bigfoot on :
 
You're gonna be happy with that Homer.

I don't think the real run starts until Monday.

Plus the run when they confirm As cut in half.

Plus the run when they release 2Q numbers.

Plus the run when they sign Ag pro. (Yes, the DD still needs to be done, but Tom is the guy who sometimes overstates the risk of investing in his business. These investors aren't going to find any hidden skeletons.)

Plus the run when they sign the crushing plants.

And then we have production/sales/OTCBB to look forward to.
 

---

Posted by The Bigfoot on :
 
Up 46%

Have surpassed 10X normal trading day volume.

Only three MM's standing between here (.019) and our HOD of .025.

Here's the chart for lookers.

http://stockcharts.com/h-sc/ui?s=MLXO&p=D&b=5&g=0&id=p11112302708
 

---

Posted by ViperZ on :
 
Yesterday's market cap: 1.4 million
Projected earnings after acquisition: 65 million
O/S: 100 million

Stock Valuation: undervalued
 

---

Posted by Homersbud on :
 
021's are up!
 

---

Posted by The Bigfoot on :
 
Here comes the afternoon appreciation.
 

---

Posted by The Bigfoot on :
 
Posted over on Ihub today

quote:

---

Posted by: kgoodrich
In reply to: None Date:8/10/2007 1:56:59 PM
Post #of 8469

Nice going Hurley
Now, you're sitting pretty in a B+ Pre-Gold Rush position with good long and short term support. The buy signal alerted today on the open with the lead indicators and the confirmation occurred 30 minutes later. Nice.

---

Highest volume day since April when they announce 1Q results. 1 Mil away from highest voolume this year.
 

---

Posted by Homersbud on :
 
Still holding up nicely. 02 close would suit me just fine on this boring a$$ friday.
 

---

Posted by The Bigfoot on :
 
Close at .019 up 46%

See ya all on Monday!!!
 

---

Posted by Homersbud on :
 
Vol died, but you expect that on a Friday.

Enjoy the weekend!
 

---

Posted by emich25 on :
 
i think we need guys like juice and others on this board to hop in this also
 

---

Posted by The Bigfoot on :
 
This is my favorite quote from the latest PR.

quote:

---

Together, all of the companies presently being considered for acquisition should have revenue capacity of approximately $65 million and could form a sustainable and profitable nucleus for Michelex

---

Considering that about the best year Michelex had was 6 Mil in revenues and the pps back then was above .10... we have a long way we *could* appreciate once the deal is closed. We really could be looking at a dollar stock.
 

---

Posted by DDA on :
 
I follow you on that, BF !
 

---

Posted by The Bigfoot on :
 
Hey DDA,

Good to see you here again.
 

---

Posted by The Bigfoot on :
 
Bid up.

.019/.021

21 printed
 

---

Posted by G_Ho on :
 
Here's to a good Monday!!!

Cheers.
 

---

Posted by G_Ho on :
 

quote:

---

Originally posted by ViperZ:
Yesterday's market cap: 1.4 million
Projected earnings after acquisition: 65 million
O/S: 100 million

Stock Valuation: undervalued

---

quote:

---

StockProfiler.US: Stock News You Can Use - MOVT, MLXO, MGEN, HISC

---

Stockprofiler pick up on Fridays news.
 

---

Posted by The Bigfoot on :
 
That was a weird little dance on the B/A.

But volume just doubled and ask up to .021 again.

2mms to .026
 

---

Posted by The Bigfoot on :
 
.021/.023
 

---

Posted by Homersbud on :
 
Doh, fawked this play up! Sold for a profit, but not as much as I would have liked!
 

---

Posted by The Bigfoot on :
 
.022/.023
 

---

Posted by The Bigfoot on :
 
profit is profit Homer. Congrats!
 

---

Posted by The Bigfoot on :
 
Lunchtime doldrums. Testing bottom.

Good time to get in if you are on the fence.
 

---

Posted by sidestyle on :
 
i ran across a new board run by the garry witt people (***************.com)...similar to hsm...and they have an mlxo thread just started...
 

---

Posted by sidestyle on :
 
stock
market
cats
dot
com
 

---

Posted by The Bigfoot on :
 
Here we go.

Momo sellers are out and we have retained our positioning.

Slow growth should continue until the acquisition is finalized...then we pop.

Hope you stocked while you could at .016.
 

---

Posted by The Bigfoot on :
 
Hey side,

haven't seen you for a while.

Still playing with us eh?

Good time to be here
 

---

Posted by sidestyle on :
 
thanx bigfoot...there really hasn't been much to comment on in months....i've just been sitting back, keeping the faith...

it's strange how little anxiety this has caused me. i have what i consider to be a sizeable position but it is averaged in at about .035 so i'm down significantly. i've never thought though that this was gonna go belly up or it was a scam...maybe i'm just stupid but it's always been an issue in my mind of when this was gonna run and not "oh, god...is this ever going to happen, oh, god i'm screwed...", etc...

it's tough not having as much information as we'd like but the last two pr's show they've been working diligently...

i've heard that they held the most recent pr until the first round of dd was completed by the investment firm and that they ok'd it's contents...

i've also heard that a significant proportion of the work for up to date filings has been finished and they could be released in the not to distant future...

just think for a second: we could posibly see a scenario unfold between now and the new year where (1) ag pro is aquired then (2) two more plants are obtained then (3) they file for tax payer backed county bonds to finance a biodiesel plant (4) they begin construction on that plant (5) they announce a major fast food chains contracts with mlxo to provide them with non transfat oil
(6) they edgarize the filings necessary to bring them up to reporting status allowing them to (7) file to reduce the a/s to 500 mill and to (8) file for relistment to the otcbb with a sponsoring mm....most of this could possibly happen before x-mas or soon thereafter...and after all of that is complete...we have biodiesel sales to look forward to in 2008 and beyond....

ny investment firms and county governments doen't waste time and millions of dollars on pipe dreams and scams...the future looks bright...
 

---

Posted by The Bigfoot on :
 

 

---

Posted by The Bigfoot on :
 
.017/.019
 

---

Posted by The Bigfoot on :
 
.018/.019
 

---

Posted by sidestyle on :
 
i'm under the impression the dd period will be done in a few days, maybe a week...15 days for the aquisition puts us middle of september for ag pro...4 days for other aquisitions puts us sometime in november...

before xmas we could have 3 operatoinal and profitable soy crushing plants, contracts to sell oil to fast food joints, elimination of nir and cornell debt, and reducion of a/s...

relistment to a higher exchange, st. lawrence county bonds, construction of biodiesel plant, sales of biodiesel all for 2008...

and all the while the plastics are quietly and profitable churning away in the background....

there may be spikes along the way for flippers but this is clearly shaping up to be a growth stock for at least 18-24 months...in my most humble opinion....
 

---

Posted by ViperZ on :
 
AGREED!!!!!!
 

---

Posted by The Bigfoot on :
 
We have had three consecutive days of higher lows. Closing at .017 on Mon, .018 yesterday, and finally closing at the ask of .019 today.

We have only one MM sitting at .019. I think tomorrow we switch and instead of seeing higher lows we see higher highs and a return to the .02+'s.

Here's the chart for those interested

quote:

---

Originally posted by PRD:

---

 

---

Posted by sidestyle on :
 
hope you are right bigfoot...we're still a couple weeks away from finalization so it may be small action until everything is official...
 

---

Posted by The Bigfoot on :
 
We have a bit of a wait for news, but I think anticipation is going to bolster our base for the run when news is released.

Tuesday closed with a hammer which can show a possible reversal is in the works. Today we closed with a dragonfly doji which says selling pressure is deminishing. That is supported by the low 100k volume we had today. I'm thinking that as long as there are people who want in, we start a slow climb.

Slow gains are good. They stick harder than gains made by runs.

GL all
 

---

Posted by The Bigfoot on :
 
Sigh,

someone got nervous. Guess I can't blame em with the market being what it is right now.

Soon enough.
 

---

Posted by The Bigfoot on :
 
There we go!!!

.018/.021

.021 printed
 

---

Posted by The Bigfoot on :
 
.019/.02
 

---

Posted by The Bigfoot on :
 
Well,

It did what I thought it would but investor support erroded more than I expected as well.

I'd guess we should expect a two or three point gap between bid and ask as the norm for the next week or so.
 

---

Posted by DDA on :
 
No worries, it will gap more then 2/3 points once the deal is signed
 

---

Posted by The Bigfoot on :
 
Damn straight DDA.

Then we get to see how this stock moved when it was trading around .08. Quick and by the 5's.

Have a good weekend guys.

BF
 

---

Posted by The Bigfoot on :
 
.018/.019

Could this be the second week in a row we have a green friday?
 

---

Posted by DDA on :
 
yep
 

---

Posted by ViperZ on :
 
I just bought another 21,000 shares.
 

---

Posted by weatherbill on :
 
I snagged the last of the .017 shares earlier today...

so many good things to come with this.

I think this goes big when the agpro aq is official.
 

---

Posted by The Bigfoot on :
 
Hey weatherbill,

I'd heard you rejoined the fight.

Welcome Back and GL.

More and more old friends are popping up over the forums. Gee wonder why?
 

---

Posted by The Bigfoot on :
 
Not that I think this changes anything but Bill Panetta added MLXO to his "Bottombusters' list.

See you in a few hours!
 

---

Posted by sidestyle on :
 
i'm very very positive about the upcoming week...i just hope something happens before i leave for europe at the end of the week...
 

---

Posted by The Bigfoot on :
 
Let's bust through the .019's today shall we?
 

---

Posted by The Bigfoot on :
 
One more good hit at .019 ought to finish HILL off.

.0195 on deck
 

---

Posted by The Bigfoot on :
 
Grr. NITE can really be a jerk sometimes.

LOL

.017/.018
 

---

Posted by The Bigfoot on :
 
Well,

That takes care of NITE.

.018/.019
 

---

Posted by sidestyle on :
 
if i know NITE he'll be back....we'll need good ammo in the next pr to put him behind us for good imo
 

---

Posted by The Bigfoot on :
 
ask getting tickled this morning. Nothing but the ask.
 

---

Posted by The Bigfoot on :
 
Dang I wish I'd had some dry powder. Firesale was going on today. Could'a picked up some .015s
 

---

Posted by sidestyle on :
 
getting very excited about the next couple of weeks....
 

---

Posted by ViperZ on :
 
This is not how I thought this week would pan out. I'm surprised people would sell. Any thoughts???
 

---

Posted by The Bigfoot on :
 
Nor I Viper but we are still holding high average price with higher than normal volume. We are on our way, it's just taking longer than some people would like. So they are off to other plays for the moment. They'll be back. Paying more for the shares.
 

---

Posted by sidestyle on :
 
from another board:

Posted by: raven dave
In reply to: bbillybbass who wrote msg# 8666 Date:8/24/2007 2:17:00 PM
Post #of 8668

This is a little over a year old from a big boy ADM

It appears to be the same game plan that MLXO is working on
the biodiesel plant next to the soybean crushing plant.

7/27/2006

"Archer Daniels Midland Company (NYSE: ADM) today announced plans to build a biodiesel production facility in Rondonopolis, Mato Grosso, Brazil with an annual capacity of 180,000 metric tons. The plant will use soybean oil as its feedstock and is competitively positioned to meet the large anticipated demand from soybean producing farmers as well as from the Brazilian road and rail transport industries. Additionally, it will be strategically located adjacent to ADM’s existing soybean crushing plant in Rondonopolis to maximize synergies between ADM’s Brazilian origination, transportation and processing capabilities.

“ADM is a leader in the production of biodiesel in Europe, and we are pleased to use that extensive experience to help meet the demand for this biofuel in Brazil,” stated Matthew Jansen, President-South American Operations. “As a world leader in soy processing and biofuel production, our participation in the Brazilian biodiesel market is a complementary fit for our business.”

This biodiesel plant will be operational in the first half of 2007, ahead of the anticipated increase in demand due to the mandate that all diesel fuel sold in Brazil include 2% biodiesel beginning in 2008, and 5% biodiesel beginning in 2013.
 

---

Posted by sidestyle on :
 
from another board:

50 tons: 3150 tons/oil produced (current crushing production)
150 tons: 9450 tons/oil produced (current crushing capacity)
250 tons: 15,750 tons/oil produced (expected crushing capacity)

Current refining capabilities is over 16,000 tons per year (don’t know if 16,000 is on end production or amount of crude soy oil refined). I’ll assume its on the front end (crude oil refined). The upgrade to 250 tons of crushing capabilities (produces 15,750 tons/oil produced) would max oil refining. With the purchase of two additional soybean crushing plants to be acquired together with Ag Pro this would give a clear indication that they are moving forward with the bio-diesel plant addition. With the additional two crushing plants producing soy crude oil to be converted into bio-diesel.

Numbers and website used:

Oil yield per bushel: 11.38 lbs (18.9% yield per bushel)
Bushel of soy: 60 lbs
Bushels per ton: 33.33
Ton: 2000 lbs
378 lbs yielded per ton

Soy Bean Crush Report
http://news.tradingcharts.com/future...187899873.html
Ag pro website
http://www.agprosoy.com/index.html
Last PR
http://www.*********wire.com/newsroo....html?d=124692

I could be completely off. Had a little free time at work and decided to try and crunch some numbers. All numbers are rough and could be completely wrong, but that is what I came up with doing some DD.
 

---

Posted by The Bigfoot on :
 
Good morning MLXOers.

Happy Monday.
 

---

Posted by The Bigfoot on :
 
Bump
 

---

Posted by ViperZ on :
 
An update would be nice. Even if its nothing I would like to know they are doing something.
 

---

Posted by The Bigfoot on :
 
...BORING!

LOL

Just hang tight V. Good things comes...
 

---

Posted by The Bigfoot on :
 
Hey!

Getting a little action now?
 

---

Posted by The Bigfoot on :
 
.017/.019

What's with all the jiggling? Looks to me like the MM's and an investor or two are forcing.

I just hope that means we are nearing a done deal here!
 

---

Posted by The Bigfoot on :
 
And we end at .018/.019

Hmmmm
 

---

Posted by DDA on :
 
nice close .... we must be getting there
 

---

Posted by The Bigfoot on :
 
Well,

Historically MLXO does like to PR on Fridays...but thats pure spec on my part.
 

---

Posted by ViperZ on :
 
so far today... ouch
 

---

Posted by The Bigfoot on :
 
BUMP

Don't want this too far off the main page.

It'll be a steady topic soon enough.
 

---

Posted by The Bigfoot on :
 
do..do.do.do.....do..do.do.do


Bolli bands starting to squeeze.


BUMP
 

---

Posted by ViperZ on :
 
Boy, some action would be nice.
 

---

Posted by DDA on :
 
Action ??? Forgot all of that since I'm in this stock LOL
 

---

Posted by DDA on :
 
bumpe di bumpe get in while you can ...
 

---

Posted by ViperZ on :
 
unbelievable
 

---

Posted by The Bigfoot on :
 
Just confirmed that a new REGDEX was filed yesterday.

This could just be the last of the shares of the original fund raising or it could be the precursor of something bigger.

Stay tuned!



BF
 

---

Posted by ViperZ on :
 
I've been researching what this REGDEX is and I've yet to find anything positive. If anyone knows different, please let me know.
 

---

Posted by The Bigfoot on :
 
I thihnk after the last couple trading days it is safe to say the seller is out.

013x.015
 

---

Posted by ViperZ on :
 
I'm getting the impression that this will end up like every other penny stocks. I hope I'm wrong, but see no reason to think otherwise at the moment.
 

---

Posted by ViperZ on :
 
Does anyone know when the 3rd quarter results are due.
 

---

Posted by The Bigfoot on :
 
Did you see the copy of the first RegDex ViperZ?

I think I have it buried somewhere if you would like me to dig it out and send it to you.

PM me if you want.

As to quarter over quarter results? They announced 1st quarter results approximately 1 month after end of quarter. However they have yet to announce 2nd quarter results. So as to third quarter???

BF
 

---

Posted by ViperZ on :
 
That would be great. I really don't understand the RegDex and I googled what this form is and everything I read was related to other companies and in a negative way.
 

---

Posted by The Bigfoot on :
 
Hey Hey!

Nice 20% rise in the last hour there.
 

---

Posted by The Bigfoot on :
 
Hey ViperZ,

I found that REgDex document but it is in PDF. If you would like to see it PM me an email account I can send it to.

BF
 

---

Posted by The Bigfoot on :
 
Bump

Starting to move again.

.015/.016

.016 printed.

ViperZ,

I'll forward you the new RegDex soon along with my thoughts.

BF
 

---

Posted by ViperZ on :
 
That's Big
 

---

Posted by DDA on :
 

quote:

---

Originally posted by The Bigfoot:
Bump

Starting to move again.

.015/.016

.016 printed.

ViperZ,

I'll forward you the new RegDex soon along with my thoughts.

BF

---