quote:Originally posted by *Magnetic*Microspheres*: sorry chadsly
No Problem. You weren't the only one with DMES news showing up on MOTG. I went to Ameritrade and searched for MOTG news and I got at least 2 DMES PRs. I just don't get the connection. I thought I was the only who didn't get it.
-------------------- If you don't sweat the pennies, you're not making any money.
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Modern Technology Corp (OTCBB:MOTG) announced it has entered into an agreement with four institutional investors, who shall provide the Company with $1.5M in financing through the sale of $1.5M in 9% Senior Secured Convertible Redeemable Notes and Warrants. This funding transaction allows the Company to complete its acquisition of InMarketing Group and provides expansion capital for existing operations and growth.
Modern Technology Corp (OTCBB:MOTG) announced it has entered into an agreement with four institutional investors, who shall provide the Company with $1.5M in financing through the sale of $1.5M in 9% Senior Secured Convertible Redeemable Notes and Warrants. This funding transaction allows the Company to complete its acquisition of InMarketing Group and provides expansion capital for existing operations and growth.
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posted
They Own Demarco Debitures, surely you didn't buy this stock without looking at the short list of companies they have an investment in?!
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I talked to the CEO, he said the next filing will be extremely positve (should be soon!). He honestly believes they can move to a national exchange in 18 months.
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I was watching the L2 on MOTG today and there were 95000 shares traded at low of .034 and high of .036, last price .036, when it almost instantly jumped to 2,194,700 shares traded low of .0285 high .036 and last price of .031.
What could that mean if anything?
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posted
This is a direct quote from him as of a week ago when I asked how they expect to have a high enough stock price to move to a national exchange in 18 months:
we judge this from our anticipated capitalization, assets, and revenues next year based on our current acquisition pipeline and internal growth.
We do not believe MOTG's stock price will be anywhere near where it is in the near future as our acquisitions and revenues are added to our filings.
Right now, there's a lot that is being prepared for filing that is quite positive.
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Wish I knew. Unusual no trades at all, but I think it's because most feel comfortable that they dont have to sell at the ask price. Anyone got a clue here?
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