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20250404|MVNT|150881|0|155881|O
NASDAQ in "bear market" territory now!
S&P deeply in correction territory (down ~18%)
Dow Jones only down around 12% from recent high. LOL
Greetings All,
Hope you are all doing well...
April 28th is our Federal Election...been doing some volunteering for my candidate. Have to exterminate these Liberals from office, so we can start to steer this ship in the right direction.
I never thought there was anyone worse than Trudeau...but colour me stupid...this Carney is worse and more slippery.
Wish us luck!!!
GeneO
Someone here said they know who it is ,they must need money bad to sell down here .
That's a good sign I presume. Just wish that seller would finally get rid of all their shares.
Still wouldn't help sp without some positive forwarding looking news from Linh.
Level 2 is clearly looking differnt today seems that bid gets hit and blocks reappear
Retail selling again? Wonder who that could be? LOL
Well, I think the tariff fear is subsidizing fast. Hopefully management decides to acknowledge shareholders shortly. I think the damage they've done by hiding their head in the sand will be forgotten if they start releasing news and come out with a press release, indicating some path forward.
The interesting part was the 20k trade in between. It was a retail sale that apparently was hitting the bid and the MMs paid over bid price and took the shares.
Appears they are trying to cover all they can at this level.
Their short position is massive but with the DTCC not enforcing FTDs it's that way on most tickers. Big boards included.
Zero volume today would be quite nice imho. lol
That's what I'm hoping. LOL
Nothing will effect MVNT we're already at the bottom of the lake.
Looks like that opening trade of 2000@.0086 was shorted.
But why not that closing trade of 1000@.0093?
Put on your trading hats everyone.
Looks like it's gonna be a wild day and maybe even a wild few months. LOL
Healthcare looks like the only sector in my portfolio not getting bombed today. At least not in the pre-market.
Vincent Van Gogh strikes again. Could you paint us up to $1.28?
It appears to be. Yes
When will we hear something material from MVNT management?
I believe I posted last year after MVNT posted their FY 2024 fins that we wouldn't hear anything material again until FY 2025 fins are posted.
Well, hear we are at the beginning of Q4 in FY2025 and nothing material at all has been posted. I'm sticking with my prediction that nothing material will be posted by Linh until the end of September 2025 at the earliest. And it could be as late as mid-November 2025 when the next 15-day "grace period" ends. By then MVNT will have spent basically an entire year trading below a penny.
But don't give up hope completely. After all there is still FY 2026 to look forward to! LOL🤣🤣🤣
So 100K was a real retail sale? (100K not shorted)
Just needs a spark. The fuze is freeking long,
20250401|MVNT|338500|0|438500|O
No. It was MM's selling to themselves to create the appearance of someone selling. Someone sold 100k shares and the MM's added 200k to the order. Both trades went off at the exact same time. The rest of the day was shorting to themselves. Not sure the CDEL buyer at 72 is real. If it is a real buyer they are just digging deeper
Not sure down here in Miraflores so not on the computers much
Yes. Are MMs buying those shares to cover short positions?
It seems the bid is being replaced
Someone's dumping a whole lot of shares today (437.5K so far).
Some retail person (guess who) sold 300K shares for ~$2180 (without commissions).
Good post tmcfo.
I don’t understand why any business would take shares from a business in place of cash for services unless they have reasonable knowledge that they will be able to sell them for at least the value of service and the stock has buyers to not crash the price when selling.
That’s a well thought-out scenario and it may be true but my concern is pretty simple. Assuming this scenario is in play, you would think that some leaks would have gotten out and some buys would appear. This is not happening possibly because it may not be a reality so it is a negative for me.
The only revenues that have been reported so far are Hi-Alloy. Hi-Alloy is nothing more than a sales and marketing company. Velocity owns all of the expensive CNC and lathing equipment so they manufactured all the goods. The cost of goods that we see in the financials is all Velocity.
The public company Movement owns the IOT/SAAS technology. So lets go down the rabbit hole and think why this and why that. Presume there was a company that wanted to buy the technology, but had no intrest in Hi-Alloy. Alloy would be moved out of MVNT back to LTN and the revenues would no longer exist as MVNT income, hence the zero revenues the last two quarters.
We saw photos and tweets of massive servers being installed in a "client's" computer control room. We saw photos and tweets of the sensors being installed on wells. Photos of Sami in Mexico training people how to use it.
I've had tons of penny stocks where the company just diluted the stock every time they pump it up. That's a scam
MVNT has never taken a penny from anyone.
I'm just as frustrated by the silence as everyone else, but if the above is true or even close, it would all be happening under an intent with a NDA,
It would explain the disappearance of revenues as well.
Food for thought
Bottom line is where are the revenues going to if revenues are being produced?
Page 14 Due to Parent. LTN is the parent.
Page 17 Proceeds from advances.
And on page 25 we see this, suggesting this was from officers, not parent.
They are putting money into this
During the years June 30, 2024 and 2023, an affiliated company owned by two officers of the Company paid $124,002 and $104,928
of the Company’s operating expenses on behalf of the Company and the Company.
I assume this is Velocity as it is not referred to as parent
The amount due to this related party is unsecured, does not bear interest and is due on demand.
Not sure where you see $2 millions of investment from LTN. Even if they did, it would be under LTN not Movement. These reports are unaudited and prepared by Leal as submitted by management. Look at page 24 under revenues concentration and see that the number listed for 2024 is really for 2023. Never addressed the revenue decline from 2023 as well as the status of the announced JV venture. They have deceived shareholders with their promises so in my book their credibility is in the toilet.
I know that we have been defending company for a long time and you in particular, but after 5 years of unfulfilled promises and lack of transparency as well zero revenues to show, even the most ardent believer will lose faith and give up.
If true that revenues are being generated, Movement is not the recipient of those revenues. So where are they funneled to?
If that was the case then why would the officers of LTN Capital spend 2 million dollars cleaning Visual Healthcare Corp up?
Look at page 19 and 20 in this report.
They didn't go through all this for nothing.
https://www.otcmarkets.com/otcapi/company/financial-report/416636/content
Of course, just opinions and speculations
It really seems that none of us know anything and is all juat guesses on whats really going on !!
Yes, zero revenues for mvnt but if Daniel is correct that orders are coming in and p/r is being made then, the question is where are the revenues going to. Looks like to me that the ceo is greedy and doesn't want to share the revenues with shareholders and is instead booking the revenues under Velocity. All to himself.
They did post revs....revs were zero
Thanks skulls just very strange not posting Rev. Or Q's
If there are new developments behind the scene we will see a substantial spike in volume otherwise it's SOSDD
Makes sense, the spigots have opened, new administration
The missing link , does the activity show up on MVNT's balance sheet
MVNT belongs in the Land of Oz.
It's just a fairy tale anyway. LOL
Thank you for sharing.
Hopefully there's a merger of some sort in place.
Just wanted to say thank you for sharing. Hopefully there's a merger of some sort in place.
Also Daniel answered the phone as MVNT Industries. He was up beat, did not at all sound like someone who did not like his job or not want to be there. Just the opposite.
I just called movement and spoke with a gentleman named daniel who is inspector who also worked on the container for Pentex. He told me they are very busy. Orders are coming in and going out. Everyone is getting full paychecks. He couldn't tell why management is so silent. His words they are "rocking" IMO Daniel sounds very sincere and truthful. I left the call with a lot more optimism. So more patience is needed..!!
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Moderators gemstone57 Adjustedtosteep chemist72 tmcfo StockDetective |
Movement Industries Corp.
OTC PINK: MVNT
ACQUISITION of HI-ALLOY Valve
Houston, Texas 77040 USA
Hi-Alloy Valve manufactures a broad list of valves according to API 6D & 6A standards for the upstream, midstream and downstream markets. We cater to energy clients in North and South America, Middle East and Asia with comprehensive support and service, offering high quality standards, competitive pricing and accelerated delivery.
We are headquartered in Houston, Texas USA. Our principals bring vast experience in the manufacturing and machining of high highly trusted valves for reliable service in the most demanding applications.
To manufacture and deliver high quality valves with exceptional turnaround time and strong commitment to safety, integrity and customer satisfaction.
API 6D / API 6A / ISO 9000 / NACE MR 0175 / ANSI / ASME
The principals of Hi-Alloy are comprised of seasoned industry professionals. Their previous work history has been as Senior and Executive level positions within the industry.
Hi-Alloy Valve, Inc. (“HAV”) proudly participated in Valve World America's held in Houston TX June 20 & 21, 2017 at the George R. Brown. #VWA2017 was an incredible invent and wonderful opportunity to meet old friends and make new ones. We were also fortunate to have Miss Grand Texas 2017 in our booth
ISO 9000 / NACE MR 0175 / ANSI / ASME
https://twitter.com/mvmntin/status/1444097267477196802?s=21
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Volume: | 155,881 |
Day Range: | 0.0072 - 0.008775 |
Last Trade Time: | 11:13:54 AM EDT |
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