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Gravy train spends more on sales as an operating expense, more than 50% more, than actual sales.
https://www.otcmarkets.com/stock/MGON/financials
The golden goose.... here is just one example of what we are sitting on here.
While the website is still under construction, we can now begin to understand the ($$$) market potential is here.
Breakthrough Chemistry Odor Eliminating Clothing Fabric Spray Coating
SALES TO CONSUMER OR TRADE:
Both
FORM OF PRODUCT:
Biodegradable buoyant particles
DESCRIPTION
Applied to fabric in the mill
Applied to fabric in finished form
Applied to the fabric by consumers after purchase
COMPETITIVE POSITIONING:
Hosiery and underwear nondurable coating treatment
PATENT OR KNOW HOW (OR BOTH)
Both
LEAD SCIENTIST
Jeffrey F. Williams, Ph.D.
Lori I. Robins, Ph.D.
SCIENTIFIC INNOVATION
Porta Potty technology is stuck in the stone age with toxic additives added to the collection basin, such as formaldehyde, and the stench of these units is notorious. Widely used additives are clearly ineffective.
Our odor-killing technology is applied in a coating for floating biodegradable lignin particles 1 kg is be enough for 7 days of odor control. All the pernicious gases waft up through the layer of floating granules. That kills the odor. The granules are fully biodegradable. A truck with a vacuum sucks the granules into its holding compartment and drives it away.
MARKET
Global
PRO-SOCIAL BENEFIT
Published report on latrine odor compounds has demonstrated efficacy of active Cl atoms in neutralization of the most important malodors (Cite Lori paper on latrine odor control). Some field experience of serial use in a permanent PortaPotty installation provided evidence of reliable effectiveness in odor control.
COMPETITORS
None
STATUS OF TESTING
Published report on latrine odor compounds has demonstrated efficacy of active Cl atoms in neutralization of the most important malodors (Cite Lori paper on latrine odor control). Some field experience of serial use in a permanent PortaPotty installation provided evidence of reliable effectiveness in odor control.
READINESS TO GO TO MARKET
Granule modification process has proven scalable and the corn cob pith particles are readily available as a waste stream by product of corn processing. Other biodegradable particles in natural product waste streams can probably be substituted for cob pith, depending on local availabilities.
FAQ 1
Food packaging companies are looking for waterbased products to use for protection of packaging surfaces. Many packaging techs are recycled paper which of course absorbs water. Water absorption is determined by “Cobb Testing” The amount of water absorbed over a given period. SiO2 has a product that may be a “carrier” for the MC technology.
Joel Gardner Owner more than 5% Corunna, Ontario
Canada
1
4*
Series B
Preferred
Stock
Series A
Preferred
Stock
16.67%
5.9%
Series B Preferred
Stock carries no
voting rights
Each 1 share of
Series A Preferred
stock may cast 100
votes.
*All shares held
directly save 3 shares
of Series A Preferred
Stock which are held
jointly as to Joel
Gardner and Leasa
Gardner
https://www.otcmarkets.com/otcapi/company/financial-report/376611/content
This is crazy for an OTC stock at this price level against the OS count.
After reviewing the website, I believe I now have a better understanding why management has been so quiet. In other words, they have their head down and are focused on building this company.
https://www.breakthroughchemistry.com/jeff-williams
A stand out in his bio when you compare it against the trademark details is more than telling.
Example Williams Bio:
Holder of over 30 patents covering water treatment, disease control, odor control
If you haven't read his Bio, I would strongly suggest everyone here to do so.
Thats a LOT of business ventures:
Trademark ID:
Based on Megola, Inc., the BREAKTHROUGH CHEMISTRY trademark will be used in the following business: Agricultural chemicals, except fungicides, herbicides, insecticides and parasiticides; Chemical additives for use in the manufacture of cosmetics; Chemical additives for use in the manufacture of food; Chemical additives for use in the manufacture of pharmaceuticals; Chemical additives for use in the manufacture of food, pharmaceuticals, cosmetics, disinfectant; Chemical food preservatives; Chemical preparations for scientific purposes, other than for medical or veterinary use; Chemical sealants used for buildings which penetrate through walls, floors and ceilings for fire prevention; Chemical preparations for the manufacture of paints; Chemical preparations for use in the manufacture of paints; Chemicals for the manufacture of paints; Chemicals for use in agriculture, except fungicides, herbicides, insecticides and parasiticides; Chemicals for use in agriculture, horticulture and forestry except fungicides, herbicides, insecticides and parasiticides; Chemicals for use in industry and science; Fire extinguishing and fire prevention compositions; Fire retardant chemicals; Seed treatment chemicals for agricultural use .
There is no R&D budget and revenues are falling.
https://www.otcmarkets.com/stock/MGON/financials
Whatever works. Gear it up for a run.
They want eventual dollarzzzz ...plural dollars pps...could see eventual buyout?...huge $$ sectors here...diapers alone can take this to a couple bucks...am wondering what the price will be in 2027, 2030?...GLTUA here 🤔
Another 10k @ .0049, then .005, somebody clear big lot of .0049, we should be at .01 soon, this is a good stock,
If we get huge news will not take much to get to a $1.00
GO $ MGON
Bill
Looking at the space odyssey trailer and the rest...dollars imho...looking forward to the website completion...something without question is happening...GLTUA
This management wants dollar$ PPS here IMHO.....worldwide product$ usage...GLTUA 😉👍️
Fantastic DD, great job and thank you...as usual patiently waiting and GLTUA ..This could be the big one...$$ 🫡
Interesting development.
https://www.breakthroughchemistry.com/media
Wow, Jeff Williams has much more to him than I thought. I haven't verified the validity behind these articles, but there are huge things happening behind the scenes... Thank you for finding this, ITYS. Incredible work on your end!
JV,...So I googled Breathrough Chemistry and see that Megola filed a trademark
THEN I googled breakthroughchemistry.com to see if they have web domain…well well
Sh%$$% happening , site still in progress but looks like changes are coming??😊
https://www.trademarkelite.com/trademark/trademark-detail/98446860/BREAKTHROUGH-CHEMISTRY
site tabs are VERY interesting BUT NOT COMPLETED... site not live per se
https://www.breakthroughchemistry.com/team
https://www.breakthroughchemistry.com/media
Goondale has come.
Looks as though you're still just throwing a tantrum at ITYS. Would love to see any valid evidence behind your baseless claims. Without it, you're not keeping anyone away. Smart investors know to do their own DD on stuff like this before investing. That's why ITYS has so much information and evidence behind his very valid claims on both boards.
$MGON's share structure is very idealistic, especially for an OTC stock. There is no dilution that has ever been done nor will ever be done IMO. And you keep stating very wrong incorrect information. You still think Joel Gardner owns anything in the company when there's absolutely 0 evidence of this and the board a the time bought him out of all of his shares.
Just because ITYS is honest and tries to protect people with evidence on scam stocks like $GEVI doesn't mean you should come here and spread misinformation because you yourself are so heavily tied to the delusion that it's not.
WELL management has paid for 3 year audits, recently revamped web site with Breakthrough Chemistry 3 platforms, took time to update TEAM photo's, had a recent article in a national journal regarding SAPs (diapers)
SO SURELY SOMETHING COMING DOWN THE PIPELINE
EVEN morons could figure this out, be a STEAL at this entry pps
Love that, Patient and intelligent...not a modern trait any longer for so many haha...No guarantees now, but I like our chances with this management and product...Still patiently waiting for the finish line...GLTUA ☝️🙂🏁
KEY is to have something REAL behind an OTC company.. not a P n D which majority hope for in pinkyland , so those that are patient/Intelligent and do their DD will benefit and be able to take real gains without panic IMO
REAL inventors behind their products
https://megolacorp.com/
$MGON VERY WEAK BID SUPPORT. Trip .0002 3 market makers down. It’s coming 100 percent.
$MGON THIS TURD DOES ZERO VOLUME. Run fast it’s a total scam with nothing but an empty shell.
I’ve come to believe most are very lonely and sad peeps.
Mgon
You don’t actually think you’re posting to someone with any legitimacy or ethics??????
MGON has a shot at this. We have a shot at another run. Whether scam or not, prevalent in OTC. Look at SIRC. Ran to $4 and now sits at .0003 because it was a scam. But but runs still happen. I say let them work out the business side and we can see if it's going to be valid. If not, doesn't mean it still can't run. I'm green so any dips and I get more.
WELL, anytime I see management digging into their own wallets first to bring company current and actually get 3 years of financials audited, I think management is very solid and that is what will make this stock successful eventually IMO.
THEY cleaned up debt, have restrictions on preferred conversions in future so to me that seems like an honest beginning.
They have acquired what I believe is massive opportunities but will take time and money and I believe they are on track to do something very soon.
IF there are board people that scare you off then sobeit, i place my merits on management and company financials only.
You do realize Joel Gardiner is no longer with the company and his shares were bought out? Steal is merely posting the same thing over and over again with no proof of Joel somehow seizing his old shares back from the company. 3 years of audits completed recently and the SEC hasn't come knocking. It's now known, through the recent audits, who owns what.
Furthermore, just to disparage the company a little more, he posted a link to a lawsuit MGON had back in 2011... So far that is the only evidence that I've seen in any of his attempts to solidify his misinformation campaign. Since 2011, MGON has undergone an entire new board of directors and new officers in the company. IIRC.
Steal, doesn't the SEC frown upon corporate officers posting on the internet and pumping up their own stock?
This is dirty. I think you are right steal. Legitimate Businessmen don't act this way.
NO Conboy isn't here, he has a knock off fire blend...I was over their explaining to people of his past and how he is merely repeating the ECOB fiasco and over came a couple idiots to bash here JUST because I was being honest over there.
SO YA, I see being honest doesn't make you popular whatsoever.
ANYHOW, gonna lay low over there as their Q will be out soon and TRUTH in financials will validate everything I have bene stating.
5 months and 11 days. And the perp was long behind bars, with that post and others, at that point. That is the important issue. One can only hope megola is being accurate. In any event, his association with megola scares the bejesus out of me.
With a quick little DD it seems the person hasn't posted on that company in 6 months?
I DON'T BELIEVE any message board poster can affect a stock whatsoever.
ONLY reason I went on GEVI was we all know Conboy reads message boards as he did with ECOB..the one he bankrupt and ruin many investors . NOW doing exact same at GEVI. FACT no board people there have any real answers to any solid financial questions...they merely YELL basher and thats it.
SO AGAIN,I dont think anyone here can affect MGON one ioda
But megola shares a shareholder in common with nwgc. nwgc appeared that way too. Next thing, the perp was in jail and the shareholder megola shares in common with nwgc was praising it right along as the stock collapsed. He still presently praises it as the perp is about to get out of lockout. That shareholder now praises megola. What conclusion are we to draw about this association? Shouldn't this concern us?
google them, all been successful businessmen IMO
Pretty sure they wouldn't do anything corrupt to jeopardize their lives being in an OTC
GUYS doing that are ones who run several entities and swap stocks etc
https://megolacorp.com/team
What are the chances the corporate officers will be serving jail time in the future?
What makes you think this is not another fraudulent scam?
Still patiently waiting...man I love the ignore feature...GLTUA ☝️😏👍️
$MGON Keep dreaming this has nothing proprietary here. This will never go.
$MGON It’s not your fault this is a POS everyone is stuck in.
Nah we can debate on this POS stock with no buying volume.
You don't owe me an apology.
Don't get me wrong, I'm all for free speech and having KNOWLEDGE posters bring their words of wisdom to these forums. What I will not tolerate is folks not being able to back up their claims with HARD evidence.
Like I said, posting misinformation and not being able to back it up, speaks volumes on any of the chat rooms.
$MGON The only one to make money here is Joel Gardner. That’s scamming piece of crap owns more than half the stock and runs this company on the back end..
$MGON The only place this is gone is .0001. POS
$MGON the only idiots I see are the ones that bought in on this piece of crap. No volume terrible bid support. SCAM
Can not wait when we will be trading a few millions a day, and pps will go up fast, people will be chasing the Ask. Something is up with MEGOLA INC.
Go $MGON
Bill2
I just returned from a business trip to Australia and have been out of the country for week.
Imagine my surprise when I opened the website and saw all the postings. At first, I was excited, thinking something significant must have happened. However, to my disappointment, I discovered we have a new detractor who enjoys following you around.
It's quite revealing when someone posts meaningless comments without supporting them with facts.
With time, our unique share structure and the dedicated management team, who have invested time and resources to rectify the mistakes and financial records of the previous management, will show their worth. This, coupled with a newly introduced product line, is promising IMO.
EVERYTHING is in audited financials and who owns what is pretty much irrelevant at this .0049 stage in game
BECAUSE EVERYONE will make money
NEW product platforms, new management team and advisors and NO DEBT !!!!
Company has rules on any class conversions so NO WORRIES
AGAIN PPS is .0049 and assume they will start raising money and my bet is it will be at shareholder freindly value
not like GEVI whos pps is inflated at .80 and they are dumping stock at .12 ...hmmm how is that fair LOL
Followers
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Created
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Moderators MC10459 Techroemancer |
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