posted
just ignore trade04, he does a lot of drugs, so whatever.
Smith Barney on the bid. Nice to see we didnt take a major slip today after the end of last week. Seem to be holding . 0026.
I didnt ask AW what else he was planning, was focused on telling him to get the damn Q out on time. I really hope he leans on the auditors hard. He needs to prove to people he can file on time.
Posts: 1351 | From: Phoenix Az | Registered: Nov 2005
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posted
RB: Nope, we're going to be pretty stagnant until the Q comes out (slow accumulation), unless Welch releases a guidance PR.
Posts: 807 | From: Upstate NY | Registered: Dec 2005
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Since it's been slow I thought I'd post the stock picks from the contest we had in January 2006. Below are the individuals, the stock they originally picked, starting PPS, current PPS and percentage gain as of yesterdays close. Way to go BB and Mr Money. Trade04, what can I say.
posted
As one scans down the list, it doesn't take long to hit negative territory.
Posts: 352 | From: Marietta, GA | Registered: Nov 2005
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This is the second day in a row my portfolio has been beaten up. All red, baby! I really wish I had free cash to build up at on some of these levels!
Posts: 807 | From: Upstate NY | Registered: Dec 2005
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quote:Originally posted by Katrina7: Lovely, we just broke the 52 week low.
Just shoot me.
Kat, I wish I could tell you that it will get better, but until AW givees us some guidance, I'm afraid we are at the mercy of the market.
Posts: 807 | From: Upstate NY | Registered: Dec 2005
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posted
I'm not going to look anymore. I cant take it. He better get the Q out on time, or I may just plan a trip to good old mississippi.
Posts: 1351 | From: Phoenix Az | Registered: Nov 2005
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posted
We are taking a beating today. I thought my buys last week at .026 were a bargain. LOL. That's all I got left, is the laughter.
Posts: 1289 | Registered: Dec 2005
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Thank goodness for IPRE. I bought $7K of MOTG at 0.029 about a week ago, thinking it was the dip before the bounce. Loss covered by 800% increase in IPRE in the last 48 hours, but not if MOTG falls apart. I offically give up on trying to understand this stock. With this low a float and increasing turnover, what is the deal here? Can somebody post a supportive "run just around the corner, I have insider info" type message to boost my faltering optimism? Thanks!
-------------------- If it walks, talks and look a like a duck, it is probably nothing like a duck at all. Posts: 41 | From: Houston | Registered: Nov 2005
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quote:Originally posted by jimmer: Thank goodness for IPRE. I bought $7K of MOTG at 0.029 about a week ago, thinking it was the dip before the bounce. Loss covered by 800% increase in IPRE in the last 48 hours, but not if MOTG falls apart. I offically give up on trying to understand this stock. With this low a float and increasing turnover, what is the deal here? Can somebody post a supportive "run just around the corner, I have insider info" type message to boost my faltering optimism? Thanks!
Run just around the corner, I have insider info. Posts: 1711 | Registered: Oct 2005
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-------------------- If it walks, talks and look a like a duck, it is probably nothing like a duck at all. Posts: 41 | From: Houston | Registered: Nov 2005
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quote:Originally posted by jimmer: Thank goodness for IPRE. I bought $7K of MOTG at 0.029 about a week ago, thinking it was the dip before the bounce. Loss covered by 800% increase in IPRE in the last 48 hours, but not if MOTG falls apart. I offically give up on trying to understand this stock. With this low a float and increasing turnover, what is the deal here? Can somebody post a supportive "run just around the corner, I have insider info" type message to boost my faltering optimism? Thanks!
Run just around the corner, I have insider info.
Okay, we've finally hit an all-time low. Thanks for the comic relief, fellas!
Sort of off-topic: Did anyone catch the latest EGVI PR? They have designed a house which received the highest Energy Star level rating. The Demarco Energy Miser is part of the system. The most intriguing thing is that they claim the total utility bills for the house are less than $100/month!
Damn, if my utility bills were that low, I'd be rich! Posts: 807 | From: Upstate NY | Registered: Dec 2005
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quote:Originally posted by binsleep: [QUOTE]Originally posted by WarpedMind:
Sort of off-topic: Did anyone catch the latest EGVI PR? They have designed a house which received the highest Energy Star level rating. The Demarco Energy Miser is part of the system. The most intriguing thing is that they claim the total utility bills for the house are less than $100/month!
Damn, if my utility bills were that low, I'd be rich!
Did they say how many square feet the home is? With rising energy costs this should be popular.
As for MOTG, we need a good Q and we need it soon. GLTA
Posts: 1289 | Registered: Dec 2005
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posted
Modern Technology Corp Announces New Operational Unit and Expands Cost Reductions to Achieve 2006 Profitability Thursday May 11, 6:39 pm ET
OXFORD, MS--(MARKET WIRE)--May 11, 2006 -- Modern Technology Corp (OTC BB:MOTG.OB - News) a diversified technology development and acquisition company announced today a new business model that will be launched shortly and will focus on distribution and product servicing for the incentive marketing sector. The company also announces as part of this operational realignment a further reduction of its operational overhead as part of the company's 2006 earnings plans. ADVERTISEMENT
The infrastructure and operations of our retail electronics business unit will be realigned to service the lucrative incentive marketing business and will be re-branded under a new operational name. The operational realignment maximizes synergy and revenue potential with our subsidiary, INmarketing Group. As part of the cost-reduction plan, the Company will move operations of the Denville retail location of Sound City to its Towaco distribution center and focus its new sales efforts under the new model. Retail inventory will be sold at the Denville facility. Sound City Infrastructure for Distribution, warehousing, shipping, and inventory management functions will continue at company's main warehouse and distribution center as it does at present.
Anthony Welch, Chairman, said: "As part of our 2006 profitability plan and as promised to stockholders, we have reformed our retail division to a transactionally profitable model not reliant upon the vicissitudes of retail consumer electronics. We are also greatly expanding our product depth to include categories outside consumer electronics to better service the growing incentive marketing sector. The support of profitable business units is among our highest priorities. Shareholders should expect further announcements on this tremendous new initiative as well as updates on additional acquisitions. We are very excited about these changes."
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
Posts: 1289 | Registered: Dec 2005
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so they are closing another store. Reduces overhead and cuts losses, but those effects wont show up in profitability for a while
Posts: 135 | From: DC | Registered: Dec 2005
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