posted
Take Care all. I'm out. Sold it all at .04.
Look for a reverse split too get onto the nadsaq. They are going to dilute as much as possibale then they will do a R/S to get onto nasdaq. JMHO.
Alot better plays on the Nasdaq now too trade rather than the pennys. WE ARE OVER 60 MIL IN DILUTION I beleive. I could see 100 Mil + in O/S before a R/S.
GLA
Posts: 541 | From: Virginia | Registered: Nov 2005
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quote:Originally posted by trade04: only thing making me hold on is the company itself...thats why we need to get off the otc for reasons like this
for what reason ?...check the O/S i'm sure it's close to 50M. Dilution for an acquisition I hope. When I got in MOTG the O/S was 30M. Only reason i'm staying in this one, is hoping we make it to the NAS without a R/S....and even so I might just sell at a huge loss just for fear of a R/S
Posts: 184 | Registered: Nov 2005
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posted
our year end is june 06, so yes, if we get our larger deal, then we will be BEYOND $50MM annualized rev's.
I can't talk about HRVE
On Dec 29, 2005, at 12:45 PM, XXXXXX*aol.com wrote:
I sure hope so, I'm down on this one, I Normally dont invest in penny stocks, but i see this one as having potential. I have a question we are on track for 50 million in revenues for 05' still correct? does the 05' year end in June of 2006?
and also, can you comment on the Harvey Electronics rumor?
In a message dated 12/29/2005 1:42:47 P.M. Eastern Standard Time, anthony*moderntechnologycorp.com writes: i think it does need more exposure and I think that with only a small bit, it will do well.
Posts: 3086 | From: miami | Registered: Nov 2005
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posted
Actually buyer the float is around 48-50mil...not 60mil but thanks for posting that now that you sold. I don't think they will rs anytime soon...I think selling now silly. We have 1 day before the end of the year. You guys really think there won't be pr's coming out next week. They would be a waste now. They said that they have more aquisistions under review.
As far as dillution the float is 50mil tops it can go to is 75mil that is what is registered. If they continue to aquire companies what does it matter...At least they aren't lining their pockets like most companies,.
Posts: 357 | Registered: Oct 2005
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posted
RB, if you see this...rumor is it will be a statutory merger, rather than an acquisition. (saw your post on the 'other' board.
-------------------- I have taken a vow of poverty, so if you want to irritate me, send money. Posts: 1032 | From: DFW | Registered: Oct 2005
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posted
I'm not on over there, I just read some people's messages.
-------------------- I have taken a vow of poverty, so if you want to irritate me, send money. Posts: 1032 | From: DFW | Registered: Oct 2005
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Have not bought too much, but have not sold either.
I do think I will get my principal back early next year, so if it reaches my sell level I will just recapture the principal and let the free shares run.
Posts: 34 | Registered: Dec 2005
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posted
1 big block of 808,000 shares went at .036. I hope they stop selling shares for a while so this thing can move up.
Posts: 1289 | Registered: Dec 2005
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posted
Guys, I wouldn't worry at all. You have to see how this has traded. The mm's are loading up big time. The investors are converting shares so they can sell them later on. If they weren't we would be a hell of alot lower than .038....Want to know why we went to point .038...Cause retail sellers started to get out. Hasn't anyone noticed that arca usuaally converts in the .04's ....We got up to .05 on 150k of buying the rest was conversion. As for Bigbuyer the os is not 60mil and a rs probably won't happen. Why cause the deal would be cash....MOTG has a good amount of cash. By the way q2 ends tommorow. who is going to sell after the busiest season. a season where they do over fifty percent of their bus. plus we will have img plus i hear that there are developments with h-net.....
Posts: 357 | Registered: Oct 2005
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posted
Correct Welch has told me personally that a split of any kind is NOT in the cards, not now, not anytime soon.
Posts: 3086 | From: miami | Registered: Nov 2005
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posted
One more thing to think about for every sale there has to be a buy who do you think is buying....????
Posts: 357 | Registered: Oct 2005
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quote:Originally posted by emich25: One more thing to think about for every sale there has to be a buy who do you think is buying....????
I wish to hell I had the cash to buy more, I am down 45% but still see big things happening with this co., there is no other penny stock co. that I would stick with through this plunge. If I am lucky this dip will continue for another couple weeks and I will buy more(since I plan on holding LONG). GLTA and I am going to quit watching this on a min. by min. basis, I think I will just put a standing sell order in at 1.00 and wait.
Posts: 196 | From: Bradenton, FL | Registered: Nov 2005
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posted
that's just it....if investors can't see that there is major loading up going on. They are taking advantage of low volume days to convert shares. Arca is not selling into runs...at the end of the day where are you going to find a stock that is less than 5 cents with 22.5 mil in rev's...think they won't be profitable soon please they only have to make a couple million dollars thats it...
Posts: 357 | Registered: Oct 2005
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posted
the difference between this and other otc's is that they aren't selling 10-20 mil shares to keep the damn door open...most of these otc dillute to pay employees and to keep the lights on they do it to buy companies...H-net Sound city - IMG - and 1.5mil in cash from demarco
Posts: 357 | Registered: Oct 2005
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I guess I was right... It will keep going down IMO... AS increasing a bunch of PR's to dilute into the news...
Take care
Prdponce Member
Member Rated: posted December 11, 2005 21:17 --------------------------------------------------------------------------------
quote: -------------------------------------------------------------------------------- Originally posted by trade04:
quote: -------------------------------------------------------------------------------- Originally posted by bigblaster: trade, I enjoyed your argument with prdponce, lol, It absolutely can not be said about evry stock, obviously ones like qbid and cnes with 200 billion outstanding arent gonna be stable, so I do agree with him there but there are also to many solid companies on their way up for a blanket statement like that to be made, I really do see a good future for motg, not to many others though for the long haul GLTA --------------------------------------------------------------------------------
Glad you caught that, He was making a Bias analyzation of the entire OTCBB. And i had to call him out on that.. --------------------------------------------------------------------------------
You know what... I dont calll any stocks out.. i wish you luck... i can careless what people like you think .. because you will sink your monney on a falling knife .. but that is you and is your money so enjoy,, take care i mean it
-------------------- Do not invest in these pennies..Beware of those W news comming & spoked to CEO.... Stay away from threads W more than 3 pages... No one will get rich off one penny stock
Posts: 5120 | Registered: Jun 2004
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posted
>Do not invest in these pennies..Beware of those W news comming & spoked to CEO.... Stay away from threads W more than 3 pages... No one will get rich off one penny stock
No one will get rich without taking any risks.
Posts: 34 | Registered: Dec 2005
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posted
Ameritrade still hasn't fixed their previous close for the MOTG qoute;sent them an email about it just now. Makes things look worse than it is even when the stock goes up from the day before. Maybe if others that use Ameritrade would send an email too, they would do something about it.
-------------------- Let's make some money now !! Posts: 53 | From: Ohio | Registered: Feb 2005
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posted
A few buys at .043, would be nice to see them bump the B/A up a little bit. Either way should be a green day Posts: 414 | From: Auburn, Alabama | Registered: Aug 2005
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-------------------- I have taken a vow of poverty, so if you want to irritate me, send money. Posts: 1032 | From: DFW | Registered: Oct 2005
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posted
caym2k, all I know is, it'll be one G.I. road to hell. Kidding. Hopefully, it won't be so rough... I think that January will be a very good and exciting month.
Put the gun away, soldier, and save your ammo.
[ December 30, 2005, 11:24: Message edited by: WarpedMind ]
-------------------- Life is like a roll of toilet paper. The closer it gets to the end, the faster it goes.
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