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» Allstocks.com's Bulletin Board » Micro Penny Stocks, Penny Stocks $0.10 & Under » MOTG - Acquisition announced - 11 Million Revs Added (Page 22)

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Author Topic: MOTG - Acquisition announced - 11 Million Revs Added
tech1
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Just their salaries. Thought it was interesting. (I didn't want to brag)

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Katrina7
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church is one of the officers, so he go either 1/2 or 1/4 (not sure which) of the 91,000 in officers salaries and also he owns church and whatever which got paid a nice amount for motg's accounting.

I'm outta here gang. Hope we close in the 4s. See you tomorrow

Warped--your pm folder is full, I couldn't reply to you.

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tech1
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Anyone find anything significant?

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Aldeberon
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Yes there was one difference I could find. Wasn't that fun reading through 2 10k's! They left a line out of the original K for Accrued Expenses but they still had the numbers right. So, looks like a typing mistake nothing big. I compared the two side by side and all the numbers are the same. They're not fleecing us or anything. I didn't look for textual changes, if there was a minor one it would have gone unnoticed. I don't have the time to read both word for word though [Smile]
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binsleep
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Wow, I leave for an hour and all H3ll breaks loose! [Smile]

Everyone, take a deep breath!

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Aldeberon
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Trade, thanks for the apology. I know tensions can get high when our $20m/year stock keeps hitting new lows. Just leave the wine coolers in the fridge from now on!
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WarpedMind
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Kat, I cleaned up my box a little. Please resend your reply.

Thanks.

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Aldeberon
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Looks like our Cup-and-handle is turning into a double bottom:

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Hard to believe our pps was .35 a year ago BEFORE all these revenues and acquisitions! Dios mio, the penny market.

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emich25
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well for one thing we had no volume when we were at .35...secondly there is no reason for us to be at .039 even with a small loss it is ridiculous. I hope that Anthony does have a plan. I think he does...i still think it will be a stat merge onto the nasdaq
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emich25
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i know that this is painful for alot of us to watch. I think it sux too but I don't blame anthony...yes the k was late which held up alot of things and killed momo but he has done everything like he said he would. IMG is done soundcity is selling and now H
NET is being marketed. Rememeber we got the same kind of pr's on demarco before a contract pr...we own all of hnet so it would really benefit us to see them grow...cause it could later be spun off.

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Another_Newbie
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ok.. my question is this. What is the meaning of reverse merger and reverse split, because I was thinking they where the same
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emich25
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What he is trying to say is that they never reversed the company into a shell....
A reverse merger is when one company merges into a shell company...

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emich25
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a reverse split is when you have 100 shares and they split them to make them less...ie 1 for ten now every 10 shares you have you now have one it shrinks the os....
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emich25
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i predict we will get more news today
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WarpedMind
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Rally's drinking buddy Trade04 sent him on home. Welcome back, Rally Monkey. Now you just go and shake your thaaaang.

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tech1
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Warped, no you just didn't...

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Another_Newbie
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no he didn't what??? The image doesn't work. Warped... repost a working image link
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Marty
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thought we'd see a little EOD rally when they moved the b x a back up to .038 x .039....interesting how the PR didn't hit all the news wires....

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When I was born, I was granted a visitors pass to earth. I will enjoy everyday until it has expired. You should too ;)

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WarpedMind
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Worked for me AN. Dunno wut to say.

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binsleep
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Warped: pregnancy.org ??? There something you trying to tell us? [Wink]
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UTryan
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I see the rally monkey there...Works for me... [Smile] GO RALLY MONKEY!!! I BELIEVE IN YOU! lol
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binsleep
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quote:
Originally posted by emich25:
i predict we will get more news today

em, you just saying that or do you know something we don't know? [Big Grin]
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emich25
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We will get more news
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tech1
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Yeah, Warped, what're you doing browsing the pregnancy website?

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binsleep
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quote:
Originally posted by emich25:
We will get more news

Sweet!

Warped, make sure you put a nice shine on old Rally Monkeys shoes, we need to look our best out there!

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WarpedMind
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Hey, that's where the picture was... didn't feel like looking around for it, but i figured you'd all get a kick out of the fact that it was on pregnancy.com or whatever. [Smile]

Man, Rally Monkey is good... he comes out just for a couple minutes and we close green today. Good job! One Killian's Irish Red for you, coming right up!

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Life is like a roll of toilet paper. The closer it gets to the end, the faster it goes.

SEIZE THE WEB! - CarpeEM.com
http://www.allstocks.com/stockmessageboard/ubb/ultimatebb.php/ubb/get_topic/f/14/t/001456.html

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tech1
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Warped, come on. You didn't think anyone would notice where it came from. Admit it; you were browsing the preggo site.

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trade04
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MORE NEWS TODAY???????????
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binsleep
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quote:
Originally posted by WarpedMind:
Man, Rally Monkey is good... he comes out just for a couple minutes and we close green today.

In that case!!!!

 -

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WarpedMind
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LOL! Good one bin!

Tech, um... not into preggos. [Smile]

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Life is like a roll of toilet paper. The closer it gets to the end, the faster it goes.

SEIZE THE WEB! - CarpeEM.com
http://www.allstocks.com/stockmessageboard/ubb/ultimatebb.php/ubb/get_topic/f/14/t/001456.html

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emich25
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news...........
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OverDose
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3 PR's in one day and more to come according to the lastest PR...ready to move if the MM's would go away.
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wholehealthgirl
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http://biz.yahoo.com/iw/060104/0105298.html

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Fireplay5
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Here it is:

quote:
OXFORD, MS--(MARKET WIRE)--Jan 4, 2006 -- Modern Technology Corp (OTC BB:MOTG.OB - News) a rapidly growing diversified technology development and acquisition company announced details on its various strategic initiatives and revenue expectations for 2006. Having met its objectives for 2005, the company recaps its successes and sets its vision for the coming new year. The company will release more expansive guidance and updates in the coming days and weeks for each major topic found herein.


2005 Growth Goals Met

MOTG met its 2005 goals for acquisitions and business development. The company acquired three entities: Sound City, H-NET, and INmarketing and raised over $4.2 Million in funding.

We expanded our subsidiary Sound City by opening a new retail location and appointing a new General Manager for that location. The new store opening increases the company's retail exposure and prepares the organization for stronger sales growth.

We completed the acquisition of INmarketing. INMarketing adds an estimated $11.5 Million in 2005 revenues and a projected additional $14 Million in revenues for 2006. INmarketing generated $8.7 Million in revenues in 2004 and generated $5.8 Million in revenues in the first half of 2005.

We anticipated closing certain transactions within 2005 to put revenues beyond the $50 Million mark. These transactions are inherently slow and have extended into 2006.

We intend to continue delivering on our promises as stockholders have come to expect.

2006 Revenues Guidance

As stockholders can see, our revenue growth is strong and we anticipate uninterrupted momentum. Our year-end is June 30 and our present projected annualized revenues are approximately $20,000,000 without further acquisitions. We have acquisition targets under consideration that, if completed, will create annualized revenues exceeding $50,000,000 for year-end 2006. If we complete the current transactions we have under consideration, we anticipate passing the $75,000,000 annualized revenue threshold by year-end 2006. If during 2006 we achieve these revenue goals earlier, we will revise our projections upward accordingly.

Earnings Focus

In addition to achieving our revenue targets, our key focus for 2006 is to consolidate our operational infra-structure and eliminate redundant costs areas and reduce overall expenses. These reductions arise from the inherent synergy between our operational subsidiaries. These cost reductions and efficiencies are the culmination of MOTG's efforts and business plan as stated in 2005. The company's one-time expenses related to acquisitions will no longer affect earnings going forward and the company anticipates cash-positive operations and a full return to profitability in 2006 as a result of synergy, consolidation and revenue growth. Subsidiaries that have not been profitable are on a return to profitability and when combined with our current profitable subsidiaries, we are optimistic regarding our 2006 earnings picture.

Acquired Technologies Market Introduction

In June 2005 we announced a strategic alliance agreement with UTEK Corporation. This alliance provides us with nascent, market-ready technologies. We intend to commercialize them through our existing sales and distribution channels. We anticipate significant revenues from these technologies. Of particular note are technologies relating to energy conservation.

Advancement of H-NET technology

Since acquisition of H-NET, MOTG has created a sales and technology support infra-structure, expanded the market scope of the H-NET software technology to service the broader medical industry, and developed key marketing and industry relationships for both marketing and distribution.

During 2006 the H-Net software and related support systems will be marketed in both the USA and Europe with sales and distribution expanding throughout the year.

The H-NET technology is complete, market-proven, and has a long history in the Vision Care industry. The H-NET technology serves the three largest retail vision care chains in the United States.

Energy Conservation Initiatives

International Sales and Marketing of DeMarco Energy Systems

The Energy Conservation and Alternative Energy sectors are rapidly growing sectors in which MOTG has a significant stake through its relationship with DeMarco Energy Systems of America, Inc. (Other OTC:DMES.PK - News). We are developing a worldwide distribution network of geothermal and alternative energy sales channels.

This energy initiative will result in new revenues and exposure for both MOTG and DeMarco Energy. MOTG provides executive consulting, marketing support, business infrastructure and related services while DeMarco Energy provides its patented geo-thermal solutions. MOTG intends to acquire additional energy-related technologies and make them available to DeMarco energy for commercialization as appropriate.

Dividends

MOTG has a history of paying dividends. In 2004 the company distributed a $383,697 cash dividend. In 2001, it paid a stock dividend of 403,000 shares as part of a spin-off transaction and in 1999, it paid a stock dividend of 403,000 shares as part of a spin-off transaction.

MOTG may spin off one or more of its subsidiaries in 2006 if business conditions warrant. We will pay either stock or cash dividends as appropriate. Our long-term plan is for stockholders to realize capital appreciation from their current MOTG holdings and new stock paid to them as spin-off dividends.

About Modern Technology Corp

Modern Technology Corp, a diversified technology development and acquisition company, builds revenues through continuous growth, strategic acquisitions, and commercialization of nascent technology. MOTG improves operating efficiencies through the elimination of cost redundancies and realized synergy between subsidiaries. MOTG also commercializes new technology and provides to its subsidiaries new product lines, operations infrastructure, and significant intellectual capital. The company's mission is to build shareholder value through a model of continuous growth. Web Address: http://www.moderntechnologycorp.com

Safe-Harbor Statement

This press release contains statements (such as projections regarding future performance) that are forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. Actual results may differ materially from those projected as a result of certain risks and uncertainties, including but not limited to those detailed from time to time in the Company's filings with the Securities and Exchange Commission.


Contact:
Company Contact:
Megan Peterson
1-662-236-5928



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If you think things can't get worse it's probably only because you lack sufficient imagination.
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OhhhYeah
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I like preggos... they have a sexy aura about them!

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~Herodotus

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