Just a real coincidence. Nothing of concern, just my opinion/
Look who bought this.
Look who then went into the MJ business.
Look who pumps the stock
help me Member Level Monday, 11/10/14 12:35:44 PM
Re: DropLine post# 33743
Post # of 33774
I seem to be right about 99%! To bad he had nothing to say to you that was important. You should have asked him what insider is selling these big blocks!!!
Harold Engel
LOL Look at Hal, tax loss selling technique.
help me Member Level Wednesday, 11/05/14 01:35:11 PM
Re: jimbob4stocks post# 33726
Post # of 33774
Good gives a way for tax loss selling to get out if they need to.
Harold Engel
MediaTechnics Corporation Announces Significant Changes to Greatly Increase Shareholder Value
MEDT.PK 0.0060 +0.0010
Release Source: MediaTechnics Corporation On Tuesday January 5, 2010, 3:05 pm EST
BEVERLY HILLS, Calif.--(BUSINESS WIRE)--MEDIATECHNICS CORPORATION, (Pink Sheets: MEDT - News) is pleased to announce that it has sold its MediaTechnics Systems, Inc. (MTS) division to its former CEO, Richard D. Wilson. MediaTechnics Corporation will continue to develop, and plans to market, a new line of integrated energy efficient computer, home control and lighting systems with a particular focus on developing new technologies to build a cleaner environment and reduce carbon emissions in the strong belief that green technologies will be the among fastest growing market segments in the years to come.
Sale of Mediatechnics Systems, Inc.
2008 and 2009 were very difficult years for the global economy, and the media duplication equipment business was no exception. Substantially all of MEDT’s losses during the last two fiscal years came from MTS. While losses at MTS appeared to be declining, revenue also continued to decline, and those continuing losses threatened MEDT’s viability. Management determined that drastic action, requiring substantial time and investment, would be required to effectuate a turnaround, and while management believes that, given sufficient time and capital, such a turnaround might be possible, in the end it was determined that shareholders would be better served having those monies invested in market segments that management believes have significant growth potential. As a result of this determination, the Company negotiated an agreement to sell the entire unit in exchange for the return and cancellation of all sums paid for the division, and a note covering most, if not all, of investments made by MEDT in MTS.
AI
