I think you'll find this is a really good board. We are all a little down right now, and I think the posts reflect that. Some of the oldies have given up, or have moved on, (TECH, WHG--where are you!!!) but there are still a good core of us closely monitoring MOTG.
Of course, we all may be totally nuts since most of are in for a loss right now. You'll figure out who to trust over time. It's pretty easy.
But whatever you do, don't buy or sell just based on posts here, or anywhere else. The info we get directly from the CEO is wrong sometimes. ( Or shall I say severely delayed. One day to AW = app 3 weeks.)
BuyTex, I dont' think I know you....do I? I hadn't thought about that with the stars. You make a good point. I took a pretty hard hit in that respect when I went after a complete idiot on the diaaf board who caused the stock to plummet 100% in one day with a big fat lie of a post. So I feel your pain.
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Gotcha. Its a pretty interesting situation here. We got some big pluses, which makes us seem seriously undervalued. 20mm in rev, 9mm in assets. (I'm not trusting the 65mm yet.) We got some solid companies under or wing: InMarketing, Sound City, and probably HNET. InMarketing, in particular, seems to be very solid with good leadership.
We got a CEO, who albeit is always late with everything, comes through with his promises in the end. (Re: watiting to merge somehow with a company with $40mm in revenue...we think HRVE...and possibly looking at a stat merger to get on the NAZ.)
Downside is we got some crappy financing in the form of CDs holders who are diluting the hell out of the stock, and keeping the pps in the toilet.
We are now on the REG SHO list. And we paid Lebed to do IR that he never did.
And the MMS aboslutely love to manipulate the hell out of it.
Still, after 8 mos of watching this, I think buying in the threes is pretty safe, and if you can wait til June (the next Q, god willing) you should make some cash. I still think its a good medium/long term buy. JMHO
5million more shares than i was aware of. If I recall correctly its now 53 or so. the AS being 75 (i think, must check)
My first buy was on a signal that a 10 mill s-8 was churned into the market. when actually it looks as if they added an exta 5 mill. My guess is we head up after that amount churns in, unless ofcourse they add more shares.
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But whatever you do, don't buy or sell just based on posts here, or anywhere else. The info we get directly from the CEO is wrong sometimes. ( Or shall I say severely delayed. One day to AW = app 3 weeks.)
Kat
Now she Admits It. ROFLMAO! How does it feel being someone's laggy?
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quote:Originally posted by Katrina7: Big buyer--go to hell.
I think I can pretty much speak for the entire board when I say please stop posting here. You only bring discord and negtivity. Why don't you head on over to RB, where mudslinging/name calling is the sport de jour.
As Far as I could tell, You are the only one on here doing the name Calling!
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The O/S was 50 mill on Dec 31. Since then, there have been plenty of conversions taking place. Perhaps to the tune of 750k/week. It's hard to say where the O/S is now, but I also guess 60 or so. Still small compared to many, but twice as large as when I first bought it.
The key to MOTG is patience, and not missing the Big One if Welch ever closes it. One of the reasons I have not sold out is I would hate to have to chase it if Welch acquires HRVE and adds $40mm to our yearly revs
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Keith--the t/a hasn't given out the info on the os for months, and will not. Maybe you have an in that the rest of us don't. Per AW, they are no longer giving that out to shareholders, they are only releasing that in their financials.
I know you don't need shares to naked short. That's the point....we have seen huge volume over the past three weeks, and now that we are on the Reg SHO list, we don't know if that volume was due to conversions, or to the shorters selling shares they don't own.
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HRVE is already listed on the Nasdaq, and is in danger of being DELISTED. That is why MOTG is (reportedly - just a rumor!) in negotiations with the CEO and shareholders to perform a forward, statuatory merger. This would merge MOTG into the HRVE shell rather than the other way around. Combined revenues would equal $65,000,000, the pps will supposedly reflect that, and HRVE/MOTG's share price will bounce back above $1.00 which will allow it to remain listed on the Nas.
Then, Welch would most likely begin "synergizing," (to use his word) the companies combining Sound City with Harvey and giving Inmarketing a contract with Harvey as they did with Sound City. Using HRVE's auditors etc
A lot to look forward to if the rumor is true!
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Gotta give you a tiny little bit of credit elmo, you were right on the date of the last pr, but wrong about the content. No contract news was released, just new guidance and a positive EPS. Coulda been dumb luck I guess.
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Kartina. I know what Im talking about . I work with them. But yeah sorry about the delay of the financials. The merging is in process to be completed by the end of next week. Ill keep you updated.
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Any talk of reverse split . Yes there was a talk about it , a few months back or even further , not sure of the exact date. But that is currently out of the question. Currently they are done with the deal. The news , not sure , even though its my department. It all depends on how things go , I will disclose that information. But To give you a better approximation , either this week or next week hopefully , all depends on different factors
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quote:Originally posted by Katrina7: raged-elmo says the deal is done....news in the upcoming weeks.
you posted last night that acquisition was coming. You know something new?
All I know for sure is that AW is working on a "BIG" deal as we speak. He has been diligently working on this for some time and hopes to complete it in the near future. This from a reliable source. RB777
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