MJET - About Marine Jet Technology Corp -- Marine Jet Technology Corp is a publicly traded company on the Over-the-Counter Bulletin Board under the symbol MJET. The Company is presently a development stage company that intends to capitalize upon the market opportunities within the boating industry. More information is available about Marine Jet Technology Corp at http://www.marinejettech.com
-------------------- Charts are like artwork, it's the same painting to everyone but each person see's something different.
IP: Logged |
posted
Yeah, it was posted on another board at .09 I got in at .11 and have been playing it since. Has a strong resistance at 0.35-0.32 (my buy price) and usually bounces back to the 0.50's in a few days, its on its way back down now. Great stock!
IP: Logged |
posted
I've recently read the articles on how $200 dollar jeans can help your bottom line from John Markman and the latest Look good with expensive jeans, so I began researching this topic.<o:p></o:p>
<o:p></o:p>
I came across this fellow Paul Guez. Guez seems to be a veteran in the industry and is a co-founder of Sassoon Jeans back in the 80's. He is also a major shareholder in Innovo Group, Inc.(INNO) I then researched INNO, and it seems Guez is selling his interest in the company, from the insider transactions. http://finance.yahoo.com/q/it?s=INNO <o:p></o:p>
<o:p></o:p>
I came across a line called Antik denim, which Guez is owner of. Antik seems to be very popular, selling at Neiman Marcus and high end boutiques for well over $200. I researched Antik and found they are not yet a public company. After digging for more information on Antik jeans, I found they recently signed a letter of intent to acquire a publicly traded shell and go public via reverse merger. It seems Guez is selling his interest in INNO to fund his new company. From the 8k of MJET.OB, it states:<o:p></o:p>
"Marine Jet Technology Corp. issued an 8K announcing they entered into a Letter of Intent to acquire Antik Denim, LLC, a California limited liability company ("Antik"). Antik designs, develops, markets and distributes high fashion jeans and accessories with an Old West flair under the brand name "Antik Denim". Antik's products include jeans, jackets, belts, purses and t-shirts. Antik
IP: Logged |
UBBFriend: Email this page to someone!
Printer-friendly view of this topic
