posted
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!!
Posts: 3086 | From: miami | Registered: Nov 2005
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posted
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
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!
Posts: 101 | Registered: Dec 2005
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posted
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
Posts: 357 | Registered: Oct 2005
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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. Posts: 196 | From: Bradenton, FL | Registered: Nov 2005
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Merry Christmas Everyone =) I have the feeling this is going to be a good week for MOTG long and strong!
Posts: 3086 | From: miami | Registered: Nov 2005
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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 =)
Posts: 3086 | From: miami | Registered: Nov 2005
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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....
-------------------- Never underestimate the stupidity of people in large groups. Posts: 594 | From: TX | Registered: Jan 2004
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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.........
Posts: 357 | Registered: Oct 2005
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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.
Posts: 3086 | From: miami | Registered: Nov 2005
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Well looks like a good day to head downtown to scottrade and deposit some cash into my account...
Posts: 3086 | From: miami | Registered: Nov 2005
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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
Posts: 3086 | From: miami | Registered: Nov 2005
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posted
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...
Posts: 357 | Registered: Oct 2005
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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."
Posts: 196 | From: Bradenton, FL | Registered: Nov 2005
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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
I tried all morning the other day to get in under .05 and they wouldn't let me Ever since, I've seen it at bargain prices, hehe. Go figure! Posts: 807 | From: Upstate NY | Registered: Dec 2005
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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....
Posts: 1351 | From: Phoenix Az | Registered: Nov 2005
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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.
Posts: 1351 | From: Phoenix Az | Registered: Nov 2005
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Ever since, I've seen it at bargain prices, hehe. Go figure! ![[Razz]](tongue.gif)
