You gained a deduction to counter the gains you will make elsewhere, is all I can think of.
Posts: 678 | From: Boise, Idaho | Registered: Nov 2005
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quote:Originally posted by Aldeberon: All the pros got out before the split I'm afraid C$
YEP, They sure Did. I beleive If I remember Correctly they were considered the bashers for warning others on this board. Some people here took AW's Letters and Phone conversations to heart.
Either way the Bed seems to be made.
GL and Told YA SO!
Posts: 541 | From: Virginia | Registered: Nov 2005
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posted
Any one talking or emailing to AW? Any news? The last Q is way overdue. Whazzup?
Posts: 352 | From: Marietta, GA | Registered: Nov 2005
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posted
I heard from a friend that the Q is waiting final approval. That it will be followed by several PRS and that he is talking to three acquisitions.
That's all I know.
Posts: 1351 | From: Phoenix Az | Registered: Nov 2005
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posted
AW says Q coming soon...he says last final moments I assume that means today.
Posts: 1351 | From: Phoenix Az | Registered: Nov 2005
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posted
Nice that everyone is so optomistic about how good this Q will actually be, sure is alot of trading going on! You'd think that there would be some pre Q release volume going on but there has been like 4 trades this whole week. Dont seem that good to me.
Posts: 678 | From: Boise, Idaho | Registered: Nov 2005
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quote:Originally posted by Katrina7: AW says Q coming soon...he says last final moments I assume that means today.
LOL! You mean he actually wrote you back?
Anyways, I've got some great news! Once the Q is released, a new accounting team will be rounded up to replace this disaster of pencil pushers. IMO, the accountants have done more to hurt this company than any other factor.
Posts: 1711 | Registered: Oct 2005
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posted
In case anyone here is panicking, the OTCBB gives a 30 day grace period after the assignment of the E. No reason to sell off yet imo.
Posts: 953 | From: Southwest USA | Registered: Nov 2005
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posted
I heard from a friend who heard from a friend's sister in-law whose friend said the Q will be out soon. Oh, and lots of other good stuff too!
Posts: 69 | Registered: Jun 2006
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posted
It seemed to me that revs were up, gross margin was up, but expenses were up by a larger amount leading to bigger losses especially in the net loss per share. Did I see that right?
Posts: 352 | From: Marietta, GA | Registered: Nov 2005
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posted
What he should PR is an apology to the people who bought into his scheme, for losing their money on a failed business plan, poor leadership, and bad decisions. What a loser he is.
Posts: 69 | Registered: Jun 2006
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posted
kat look at atwt and other on this board they might make a move and are relatively cheap .006...motg/modc has been my biggest mistake since gccp..i told myself i wouldn't be conned again yet i was by anthony and his emails...it was untill i started comparing emails with other posters that i knew aw was full of it..and after he finnally accepted my phone call. i had emailed him 100 times before he accepted my phone call and when i asked him if i could call him his response was why? megan was worthless. I am pissed as pissed can be when i think about aw and the many people he phucked by mis leading pr's and emails...i swear all the man does is sit at a computer and answer emails...i have said it many times...what i hope is that the final sell off occurs and this stock becomes ill liquid...img ceo's will be screwed cause they got paid half on restricted shares. same with sound city. when there is no market to be had these guys will be screwed...ajw will have to continue to dillute but who do they sell to if there are no buyers. and finnally how does aw make 90k a year if he can't sell shares...i want to see this company stop trading and close up shop...and if aw ever establishes another scam like this i will be there to warn other investors...
Posts: 357 | Registered: Oct 2005
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posted
Modern Technology Corp Reports 509% Revenue Growth Over 9 Months and 300% Revenue Growth Over Same Quarter Compared to Prior Year Monday June 12, 8:30 am ET
OXFORD, MS--(MARKET WIRE)--Jun 12, 2006 -- Modern Technology Corp (OTC BB:MODCE.OB - News) reported revenues for the three-months ending March 31, 2006 to be $4,671,322, or an approximate 300% increase over the same period last year which reported revenues of $1,547,793 for the three months ending March 31, 2005. Revenues for the nine-months ending March 31, 2006 were $7,871,185, or an approximate 509% increase over the same period last year. ADVERTISEMENT
Anthony Welch, Modern Technology Corp's Chairman, said, "As we have committed, our revenues continue to increase. Our revenues have grown substantially and our profitability plans for 2006 have resulted in strong cost savings to be reflected in the next quarter's filings. We are making excellent headway in achieving operational profitability and our current quarter's losses are significantly attributable to one-time write-downs and expenses. As promised, to increase earnings we are restructuring or eliminating unprofitable operations. We are making great strides and will have much to report soon. We have further acquisitions of profitable, cash-flow positive companies under consideration that if acquired substantially increase revenues and earnings. We will announce these as they occur. We will announce updates and guidance on our operations and earnings projections in the near future."
This guidance is the company's best, good faith estimate based on current conditions and numerous assumptions about the company's industry, its access to financing, the competitive and regulatory landscape and its ability to successfully consummate the acquisitions under consideration.
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. MODC improves operating efficiencies through the elimination of cost redundancies and realized synergy between subsidiaries. MODC 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
They're playing it like a momo. The long thread should have "MODC" in the title I think.
Posts: 953 | From: Southwest USA | Registered: Nov 2005
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