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You guys can send him all the emails in the world..Don't you see it doesn't matter...That is why had to dump I took a loss..This guy has no idea what he is doing period. I recomended alternative funding ir firms everything...He is convinved that you don't need to spend money on prmotion..The guy has no idea what he is up against owing money to ajw...the deal with hrve may never get done and then what. img only nets 8k a year. How is he going to get this to a penny eps. His pr's are all fluff...the only thing that is consistent is that every week 700k shares get added to the market..it won't be long untill the sb2 is ammended and the as is raised. there is no momentum and this stock has little going for it. they have no product. img and sc are not going to pay off motg's debt..that would be stupid....there will be more shares registered for salaries and a year from now there will probably be a rs...I think when this drifts down to a penny and a half maybe two pennies it might get a pop when june comes around. Dissapointed isn't even close to the word I would use. The man is a liar period. His emails are garbage they are the same thing everytime. He has been close on the big deal for months. I say chit or get off the pot. Secondly motg is in no posistion to try to get hrve. the os is now at 70 mil so there is no way this company is getting on the nasdaq...the rev's would be 65mil but with 100mil outstanding the market cap wouldn't make sense. and owning 50 percent of companies does nothing...any how best of luck to all of you..Kat i do feel for you because you have been a rock on this board. helping sharholders and what not. the problem is is anthony has screwed everyone here. did it ever make you wonder what does he do all day...you ever wonder how he is able to answer emails so quickly...how is he in law school and why with the sad state that motg is in is he running demarco.....
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emich, I know you are frustrated, we are all frustrated. We know you are upset and that you had to sell for a loss. Your email lays out the worst case scenario for this stock.
There are still positives here. Sound city has opened another store, and also has received a contract for flat panel installation from TGIF. Commercial flat panel installation is a profitable venture, and if SC continues growing that business, that could help revenues.
IMG is also growing its business, up I think 20% in the first quarter. They have a good business model, talented leadership and have great clients. I see their revenues only increasing.
HNET is a big "what if" here. If they expand into the medical industry, health care, insurance, that will also bring in more revenues.
I haven't given up here, it is just going to take more time than I would like.
I respect you, emich. But I'm not exactly sure why you are continuing to post negatively on this board for a stock you no longer hold. In your mind are you trying to "warn" people; do you think we should all get out now?
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I'm with you Kat. People that are currently holding a stock will always be more positive about the stock than people who once owned it and sold for a loss. That goes without saying . Sure current stockholders are dissapointed, but investing in penny stocks is a gamble, no guarantees. The lower the pps the bigger the risk. It's almost like going to the casino, but with better odds. I still feel that long term we will be okay. Hopefully that next Q will demonstrate some good revenues and eventually some net income. I know it will happen. Just a matter of time. JMHO
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kat I think those that are in deep to the tune of 1mil shares are going to have to hold..i am not trying to warn anyone..it just seems that if someone new or some old posters come onto the board they see these posts that say good things are coming a little birdy told me...we all know who everyone here gets their info from ...anthony..the guy is an open book..but i ask all this have any of his emails been honest..look at the finacial debacle..he said no e..they got an e..there are some posistive. one the os is still releatively small even if it goes to 150mil...sc is a good company and is expanding but they won't be able to contrubute and the opening of a new store takes away from the bottom line. I think this is a 6 month hold...good luck
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People are complaining about the 'E' but I think he only filed the form just in case it was mildly late, which as it turns out, was a good call. He had everything ready, just didnt get it back from the aud's in time to avoid an "e" for a day or two. I wouldn't chalk it up as a lie, or even lack of preparation, its just one of those things that 'just happened.' Em, stay around a while. I have enjoyed your comments and info so far.
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I'm with you CMoney. Great developments in the works. It's taking time, but if they materialize, who knows where it will take Modern Technology Group.
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The E wasn't really a big deal this time. It was only on for a couple days... which in my opinion is a GOOD sign, since before it took forever for the E to go away. AW is improving... things are getting better. Someday, we'll all laugh about how much we stressed on this stock.
-------------------- Life is like a roll of toilet paper. The closer it gets to the end, the faster it goes.
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Now I own 38k at .078 and 38k at .027, just about the high and low for at least six months. Hopefully I can meet at around .045 and be back to even.
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quote:Originally posted by Opethian: someone just bought 1 mill shares (or sold, I say bought because the bid and ask both ticked up, but what do I know )
Probably conversions or could it be that someone knows something. I wonder?
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I was averaged in here at .076. I sold everything I had here this morning and put it into JPHC. It's on the move and I have a chance to recoup the money I lost on MOTG and make some. I will eventually take some of that profit and buy back in (much)lower. I hated to do it but it's not doing any good sitting here doing nothing but going down. I got in on JPHC at .0004 and it's currently at .0008 and climbing with some good news supposed to come out today plus an evaluation plus a buy out. I still think MOTG's a good investment but I'm still trying to get my first bit of money out of the market and this has been siting here since I think around September. Good luck to everyone, I'll be back
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First time poster here. Holding long. Been lurking for a while. Very quiet day here in MOTG world. Any PR's -- rumors floating around.
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I was doing some reading on the message board tonight, (read that as bored) and came across this below on the NTCV and CCDE Stock Fraud thread. I remembered the AJW posted in emich25's thread above, (The guy has no idea what he is up against owing money to ajw) and wondered if anyone knew if this is the same AJW??
TABLE II – ATTEMPTED FRAUDULENT STOCK ISSUANCES
1. February 22, 2006, 127,980 shares to AJW Offshore Ltd. 2. February 22, 2006, 119,948 shares to AJW Partners, LLC 3. February 22, 2006, 119,448 shares to New Millennium Capital Partners II, LLC 4. February 22, 2006, 59,723 shares to AJW Qualified Partners, LLC
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OXFORD, MS -- (MARKET WIRE) -- 03/07/06 -- Modern Technology Corp (OTC BB: MOTG), a rapidly growing diversified technology development and acquisition company, announced its subsidiary INmarketing Group reports record results for February with nearly $900,000 in revenue.
INmarketing's audited financials were recently filed demonstrating impressive year-on-year growth. The rapid growth continues with a record-breaking month and moves this important subsidiary closer to its projected $14,000,000 in revenue for 2006. INmarketing has an impressive and growing client base. For example, InMarketing Group manages Ever-Sharp Performance -- Sharp Electronics' premier sales incentive program.
Anthony Welch, Chairman of Modern, said: "As promised to stockholders, INmarketing's revenue continues to grow. We anticipate continued strong growth from INmarketing. Their consolidation into the MOTG organization brings us closer to positive earnings for 2006."
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
About INmarketing Group
InMarketing Group, Inc. is revolutionizing the Incentive Industry by applying the speed and flexibility of the Internet to corporate incentive programs. Founded in 1998, INmarketing combines more than 20 years of proven marketing experience with the most powerful Internet program in the industry today. INmarketing creates and administers customized programs specifically designed to motivate and recognize corporate and client personnel for increased business related performances and rewards achievement with selections of merchandise, services and travel opportunities. Web Address: http://www.inmarketinggroup.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.
Modern Technology Corp 1420 North Lamar Blvd., Oxford, MS 38655 USA Phone: +1.662.236.5928, Fax: +1.662.236.7663 Web: www.moderntechnologycorp.com
We are a public company trading under the symbol "MOTG" on the OTCBB
Company Contact: Megan Peterson 1-662-236-5928
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