MECK poised to position itself as world leader in this industry.last week trade show was 4 times bigger than a year ago. Alan Mackler is a well known now.we have more 23 trade shows this year alone. I think the potential here is huge.MV of only $3.3m is a joke. The potential is 10-20 times than that IMO.
Alan Meckler started out creating and growing his trade show business in the 1990's. He sold that business for $280 million in 1998. Fast forward to today, Meckler is back into the trade show business. He has created bitcoin, 3DPrint, and Robotics trade shows. The trade shows have been nearly doubling in size each year as they continue to gain popularity. Alan Meckler is driven to succeed. He forgave the company's $5.7 million of debt so the company is now debt free and well positioned for massive growth. A couple weeks ago, the CEO bought 180,000 shares which represents roughly 5% of the float. He now owns nearly 1/3rd of the company. There is only one reason why the CEO would buy so many shares and forgive $5.7 million of debt of a company that has a market cap of under $4 million. Its because he believes the company will be worth substantially more than it is now.
Once Meckler grows his trade shows to the size of the ones he sold in 1998, MECK will be trading north of $45 a share. That means that a $1,000 investment today would be worth $70,000
My posts are my opinion and should not be used as investment advice. Make your own decisions in your stock trades.
AI
