InvestorsHub Logo
Followers 28
Posts 1287
Boards Moderated 0
Alias Born 07/20/2012

Re: Solarman post# 2239

Thursday, 01/22/2015 6:05:43 PM

Thursday, January 22, 2015 6:05:43 PM

Post# of 6606
OK, but what is MMMW going to do once they have exhausted all of their remaining 7M available common shares? Even with a new stream of some significant revenues, they can only slow this inevitable situation at best.

Facts still are;
1) A share of MMMW holds less than one third of any implied value it may have had 28 months ago because the share count has already well more than trebled. (Shares out as of 4/30/12 - 17,068,182 - Shares out as of 12/31/14 (at least) - 59,308,037).
2) MMMW is on now pace to quadruple their share count in LESS than three years and before the time the Q-1 '15 10Q is reported.
3) At the established rate of share issuance, it is nearly certain MMMW will have completely exhausted their remaining AS by the end of March, just to pay their currently outstanding debts.
4) MMMW SP has already also dropped by 85% over the same 28 month time period too, far out pacing their issued dilution rate.
5) MMMW also has not reported a dime of generated revenue over the same 29 month time period either.

Truth is MMMW doesn't need any toxic financing to depress the price of their stock, as it appears according to the facts, they are doing a fine job of that all on their own.
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent MMMW News