posted
i picked the wrong day not to be at the computer this morn!!! what the hell is with the sec stuff...am i ignorant about this but i thought pinkies were exempt from the stuff they are talking about, i always understood this as part of the volatility of these type stocks. unless i guess this is called out right lies, would that be criminal? somebody enlighten me. i guess no matter what the turd has stopped floating.
Posts: 42 | From: Indiana USA | Registered: Dec 2004
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posted
it'll be interesting to see what the outcome of the SEC investigation shows....
-------------------- Marty When I was born, I was granted a visitors pass to earth. I will enjoy everyday until it has expired. You should too ;) Posts: 1740 | From: NJ, USA | Registered: Oct 2004
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posted
If he wiggles through it, imagine the upside.
"IF"
quote:Originally posted by Marty: it'll be interesting to see what the outcome of the SEC investigation shows....
-------------------- A million seconds is 13 days. A billion seconds is 31 years. Posts: 4893 | From: Burbank IL USA | Registered: Feb 2004
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posted
Any guesses on how long this investigation will last? With the press release it looks like Mario had already spilled the beans that none of it was true.
-------------------- It's choice - not chance - that determines your destiny. Posts: 350 | From: Portland, Oregon | Registered: Jan 2005
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posted
Upside? Don't forget he also basically said the company is not doing business with anyone and the dividends he gave on WLSC cannot be traded. There is nothing in this shell of a company.
Posts: 908 | Registered: Dec 2004
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posted
Absolutely not. No one is exempt. Its just hard for the SEC to look into pinks because they don't report but they must follow guidelines like everyone else. I bet if they hadn't made such elaborate claims this last time about the .05 then .10 sell claim that they wouldn't be under investigation right now. SEC has so many complaints it really takes real bad deliberate lies to caught there attention sometimes. But now its under investigations all the PR's will be looked at real closely.
quote:Originally posted by iam4everfanof3: i picked the wrong day not to be at the computer this morn!!! what the hell is with the sec stuff...am i ignorant about this but i thought pinkies were exempt from the stuff they are talking about, i always understood this as part of the volatility of these type stocks. unless i guess this is called out right lies, would that be criminal? somebody enlighten me. i guess no matter what the turd has stopped floating.
-------------------- Invest with your brain not with your heart. Posts: 4405 | From: Bristol, Tn, USA | Registered: Aug 2004
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posted
I don't think he will....he clearly stated everything previously stated in PR's, was fraudulent. I'm no leagal expert, but it would seem to me that an officer of a company making fraudulent statements, to falsely inflate a stock price, should be illegal, if it's not...but what do I know...
-------------------- Marty When I was born, I was granted a visitors pass to earth. I will enjoy everyday until it has expired. You should too ;) Posts: 1740 | From: NJ, USA | Registered: Oct 2004
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posted
Where's Liquid? And his guarantee and his source about financials being released by 1st quarter?
Posts: 207 | From: NJ | Registered: Jan 2005
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posted
If it were all a scam why did Mellon bother buying back 70 milion ? I mean it were all a lye woundn't you be selling more not buying ? I don't care one way or the other I already sold .Just wondering ?
Posts: 6 | From: right here | Registered: Jan 2005
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posted
I FEEL, HE IS PRESIDENT, CEO, DIRECTOR, EMPLOEE, HR, PR,VP,MARKETIN AND ALL... NO PAYROL TOO
-------------------- Do not believe in anything simply because you have heard it or it is spoken and rumored by many. But after observation and analysis,when you find that anything agrees with reason And is conducive to the good and benefit of one and all, then accept it Posts: 305 | From: NJ | Registered: Jan 2005
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quote:Originally posted by Namoper150: My guess was he was buying and then planning on releasing more lies or bogus financials and then sell to make a quick profit.
Scam.
-------------------- Invest with your brain not with your heart. Posts: 4405 | From: Bristol, Tn, USA | Registered: Aug 2004
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posted
Compund sorry for losing the 10 grand. Nothing is for certain especially with pinks.
And hey Ric how about Kmart, after they cancel the common shares, you lose everything, then they reissue and the shares are up to $100.
The stock market is always a little gamble, but that why we love it I guess.
Posts: 73 | From: Southern California | Registered: Dec 2004
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posted
Best advise anyone can give in the penny market is to get in, get out and hopefully for a profit. Never hold a penny over night unless you just don't care. Never, absolutely never play a penny stock with money you can't afford to lose. And most of all, believe a PR from a penny stock with a grain of salt. If its too good to be true, then its probably not true. But play the hype and get out.
-------------------- Invest with your brain not with your heart. Posts: 4405 | From: Bristol, Tn, USA | Registered: Aug 2004
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Don't worry compound, you'll easily make that up with NCDP by summertime. Hang in there kid!
Posts: 207 | From: NJ | Registered: Jan 2005
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I live less then a Mile from a comany .If I go a comany and post what I find on here would I get in any type of trouble ? I haven't done it yet and don't know if I can get past the Front desk . Just wondering .
Posts: 6 | From: right here | Registered: Jan 2005
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posted
No, you can post that stuff and tell us what you see. Are people burning papers? Check it out!
Posts: 207 | From: NJ | Registered: Jan 2005
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I didn't say anything about K-Mart but your right they did re-issue shares. Also I can't stress enough that when you see a stock that ends in a Q then its in bankruptcy and can drop the bomb on you quick by re-issuing shares to creditors only, leaving prior stockholders with nothing. Seen one recommended on this forum this morning. My advice is to stay away from them.
quote:Originally posted by diceman: Compund sorry for losing the 10 grand. Nothing is for certain especially with pinks.
And hey Ric how about Kmart, after they cancel the common shares, you lose everything, then they reissue and the shares are up to $100.
The stock market is always a little gamble, but that why we love it I guess.
-------------------- Invest with your brain not with your heart. Posts: 4405 | From: Bristol, Tn, USA | Registered: Aug 2004
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I want to kick myself in the head BUT, I in my defense, I knew mario was shady, BUT I NEVER THOUGHT ANYONE COULD BE STUPID ENOUGH TO MAKE FALSE PRESS RELEASES, AND THEN TRY TO GET PEOPLES ATTENTION TO THE PRESS RELEASES! what was this guy thinking? I had faith this morning, now I think the whole company is finished.
Posts: 215 | From: new york | Registered: Dec 2004
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posted
Things like this are just sad because it hurts the whole penny market, even legitimate ones who do not lie or make up crap. But there are just too many sham companies out there with stupid pr's, reverse splits, etc
Oh and I think the KMart reference should have been for glassman not ric. oops
Posts: 73 | From: Southern California | Registered: Dec 2004
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dice, i been pointing out PJTG for months. a REAL co. with a long-term(yrs) arrangement with MSFT and i can't get enough people to buy. but MLON and others can get hundreds of millions of shares traded.
it's OUR fault for not DDing..it's called lazyness...
-------------------- Don't envy the happiness of those who live in a fool's paradise. Posts: 36378 | From: USA | Registered: Sep 2003
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SCOTTSDALE, Ariz.--(BUSINESS WIRE)--Dec. 20, 2004-- Mellon Research, Inc. (OTCBB: MLON) announced retained, Morgan Phillip's principals have over 35 years experience consulting with micro cap and mid sized public companies.
before that it was...
CONTACT INFORMATION: Mellon Research, Inc. Mario Pino, 602-912-5870 mellonresearch@aol.com www.mellonresearch.com
good luck..
-------------------- Don't envy the happiness of those who live in a fool's paradise. Posts: 36378 | From: USA | Registered: Sep 2003
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quote:Originally posted by Ric: yah thats what i was thinking only an ought right BIG lie would cause the sec to come investegate. guess they shouldnt have lied so big and so many times, just glad i didnt have thousands inthis pig, and had sold some couple weeks ago. Absolutely not. No one is exempt. Its just hard for the SEC to look into pinks because they don't report but they must follow guidelines like everyone else. I bet if they hadn't made such elaborate claims this last time about the .05 then .10 sell claim that they wouldn't be under investigation right now. SEC has so many complaints it really takes real bad deliberate lies to caught there attention sometimes. But now its under investigations all the PR's will be looked at real closely.
quote:Originally posted by iam4everfanof3: i picked the wrong day not to be at the computer this morn!!! what the hell is with the sec stuff...am i ignorant about this but i thought pinkies were exempt from the stuff they are talking about, i always understood this as part of the volatility of these type stocks. unless i guess this is called out right lies, would that be criminal? somebody enlighten me. i guess no matter what the turd has stopped floating.
Posts: 42 | From: Indiana USA | Registered: Dec 2004
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quote:Originally posted by compound cash: I want to kick myself in the head BUT, I in my defense, I knew mario was shady, BUT I NEVER THOUGHT ANYONE COULD BE STUPID ENOUGH TO MAKE FALSE PRESS RELEASES, AND THEN TRY TO GET PEOPLES ATTENTION TO THE PRESS RELEASES! what was this guy thinking? I had faith this morning, now I think the whole company is finished.
Ummm hello me and MELON have told you that Mario was BS - Press release stating AUDIT would be done last July, Starting buyback last dec. 3, etc.... hello?? do you read any of the PR's or just go by everyone else?
And whizknock where are you now, you used to pump this stock like crazy along with QBID. And to the person saying this was "dardadog"'s only long - guess what everyone makes mistakes, dont go by what you hear.
Posts: 610 | Registered: Dec 2004
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posted
I also tried warning folks IN THIS THREAD , on 1/12/05, that folks whose advise I normally respect had turned MLON (as well as QBID) into a "religion". Sorry for your losses.
Me, I'm holding GTEL, and going to accumulate more. A real company with a real product, real partnerships, and "the sky is the limit", quite literally.
BTW, I know QBID is "real", compared to MLON, but I seriously doubt it will fly, IMO.
Posts: 277 | From: San Jose, CA USA | Registered: Dec 2004
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quote:Originally posted by TheBundo: that folks whose advise I normally respect had turned MLON (as well as QBID) into a "religion".
lol.. this is more than a religion man.. the kind of followership QBID gets is frightening. Its past obsession. I know tons of people in here that bows at every word that proceed from frank's mouth.
Having said that, i think the market may have overreacted to the MLON news. IMO all hope is not lost. 0.0002 is a great entry point (i had in a big order at 0.0002 but it didnt fill). It should see a rebound tommorrow to about 0.0003/4 and probably higher JMHO! GOODLUCK to those still in.
Posts: 218 | Registered: Oct 2004
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quote:Originally posted by WINNER24: [QUOTE]Originally posted by TheBundo: [qb]Having said that, i think the market may have overreacted to the MLON news. IMO all hope is not lost. 0.0002 is a great entry point (i had in a big order at 0.0002 but it didnt fill). It should see a rebound tommorrow to about 0.0003/4 and probably higher JMHO! GOODLUCK to those still in.
My god are you people still pumping this POS??
Posts: 610 | Registered: Dec 2004
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posted
I apologize for anyone who took heed of my post that financials will be released by end of first quarter...I have a reliable source who has helped me succeed a numerous amount of times in the past and I posted what I thought was quality profitable advice. I believed in Mario and truly thought melon would run once more....
Im out at .0003 and took a 12,000 dollar loss on this one. I play these pennies for fun and the excitement and while this loss doesnt effect me or my family I know many investors out there put of alot of money into this in hopes that their future and the future of their families might be a little better...well to all of you I am sorry and wish you the best of success in the future.
To all those who posted warning and advice to beware of this shell....I appreciate your hard work and research and will try to take heed of your advice in the future. Theres nothing to do now except to acknowledge you were wrong and to move on and bounce back into the green...
enjoy the weekend all
Posts: 60 | From: Ridgefield | Registered: Dec 2004
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YOu must be kidding me!!! There was not one single thing in theet NR that surprised me - Perhaps the only surprising thing was the fact that basically everysingle thing that Mario ever put out was a LIE - a FRAUD A SCAM - EVERYTHING. BUT yet you folks collectively were all over me.
quote:Originally posted by glassman: big shock!!!!!!
Posts: 108 | From: San Diego | Registered: Dec 2004
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