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RB: Let's just hope she didn't set her sell orders too low. If it rises too much, she may not be very happy....tan and all Posts: 807 | From: Upstate NY | Registered: Dec 2005
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I hope she has them set at .04 or higher. I think she picked up some shares under .03.
Hopefully the PR will carry through tomorrow and then some. The headline "Modern Technology Corp. Estimates 300% Revenue Growth Over Same Period Compared to Prior Year" was a good one. Better things to come.
quote:Originally posted by binsleep: RB: Let's just hope she didn't set her sell orders too low. If it rises too much, she may not be very happy....tan and all
I text her MOTG updates so she can stay up to speed at the beach Don't worry, her sell orders are in quite a ways up from here.
Posts: 953 | From: Southwest USA | Registered: Nov 2005
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I would like Welch to star emphasizing the 'earning' aspects as opposed to 'revenues' aspects in his PR.. (it is not what you make but what you keep that matters). I am looking for a good reason to jump in again...
Posts: 213 | Registered: Oct 2005
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OXFORD, MS, Mar 21, 2006 (MARKET WIRE via COMTEX) -- Modern Technology Corp (MOTG), a diversified technology development and acquisition company, announced today its subsidiary Sound City added LG Electronics to its line-up of product offerings.
Anthony Welch, Modern Technology Corp's Chairman, said, "Consistent with our model of continuous and rapid growth, we increase our product depth with another strong brand. This addition furthers our market awareness as a provider of quality lines."
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 LG Electronics
LG Electronics is a global force in electronics, information and communications products with 2004 annual sales of US $38 billion (consolidated). With more than 66,000 employees working in 76 subsidiaries in 39 countries around the world, LG Electronics is comprised of four main business companies including Mobile Communications, Digital Appliance, Digital Display, and Digital Media. Web Address: http://www.lge.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.
SOURCE: Modern Technology Corp
Posts: 807 | From: Upstate NY | Registered: Dec 2005
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It's not just MOTG, all of the stocks on my radar are either red or even, no green whatsoever.
Posts: 807 | From: Upstate NY | Registered: Dec 2005
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Many profit takers today. All the ones that bought in at .024 to .026 probably dumped today. Hopefully after the dust clears we can get back to the 3's.
Posts: 1289 | Registered: Dec 2005
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Looks like people were expecting a little more out of the earnings report or LG is really a crappy product line. I thought we would go up today!
-------------------- "Man who excels at putting worm on hook is Master Baiter" Posts: 678 | From: Boise, Idaho | Registered: Nov 2005
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DIDNT KNOW THERE WERE BIGGER BAGS THAN ME WITH THIS ONE LOL...JK GOOD LUCK EVERYONE, IM PLAYING TMTA/XSNX
Posts: 3086 | From: miami | Registered: Nov 2005
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Anything is possible, but I don't think so. The most likely cause is frustrated stockholders or people flipping the stock. IMO of course.
Posts: 807 | From: Upstate NY | Registered: Dec 2005
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Just curious at this point, it looks like the PPS is moving back up now... hopefully this can continue upward, I am hoping for some additional PRs to support some of the forward looking statements.
-------------------- Its all good. Posts: 85 | From: VA | Registered: Jan 2006
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I sent AW an email in hopes of provoking a response as to whether more news was coming down the pipe this week or not. He hasn't replied, but then again, I'm not one of the lucky ones who is fortunate enough to get a response from him on a regular basis. Posts: 807 | From: Upstate NY | Registered: Dec 2005
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Does anyone know if Welch is able to give the status the convertible debentures by AJW?
Posts: 807 | From: Upstate NY | Registered: Dec 2005
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Worth a shot. Would like to know when the conversions are going to stop so we can finally move up.
Posts: 807 | From: Upstate NY | Registered: Dec 2005
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I just finished listening to Anthony's interview for EGVI on wallst.net. Sounds like there is a whole bunch of stuff coming up this year for them that he can't talk about. I know Kat picked up some awhile back, but has anyone else here grabbed any EGVI?
Posts: 807 | From: Upstate NY | Registered: Dec 2005
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Is it just me or does the L2 on MOTG look great right now?
2 x .027 1 x .03 1 x .031
the rest are .04 or higher. I am still not all that great at reading the L2s, but that seems like a good l2 to me. Any thoughts?
Posts: 37 | Registered: Nov 2005
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binsleep, I haven't, but I remember when MOTG was 5 times the price of EGVI now it's not even 2 times the price. I want that 5 to 1 ratio back. On the bright side, what's good for EGVI is good for MOTG. Posts: 1289 | Registered: Dec 2005
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quote:Originally posted by UTryan: Is it just me or does the L2 on MOTG look great right now?
2 x .027 1 x .03 1 x .031
the rest are .04 or higher. I am still not all that great at reading the L2s, but that seems like a good l2 to me. Any thoughts?
I am not an expert either but I think when you have more MM's at the high bid price than MM's at the high ask price it's a better scenario for the sellers. The reverse of this would be ideal for buyers.
For example: if you have 5 MM's at the bid of .026 and only 1 MM at the ask of .027, that would be better for sellers. This would have fewers shares available to buyers at a price closest to the price they are willing to pay. This of course is assuming all MM's have the same size of blocks. Currently they all have 50.
If I am wrong someone who knows LII better please correct me.
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Don't worry, her sell orders are in quite a ways up from here.
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