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Re: threewheeler post# 3530

Monday, 09/28/2015 11:56:26 PM

Monday, September 28, 2015 11:56:26 PM

Post# of 6613
At a brief meeting at the MMMW office in SEPTEMBER, the CEO had a great explanation about short term growth with initial sales of its new solar tracker in a license arrangement with developers who have some financing behind them. The company may be late in its filings but it is common for them to be a month behind. Otherwise , there is no problem with regulators and MMMW has no toxic debt which is an epidemic in penny stock land. The company would not take toxic debt or its stock would be worthless. If MMMW took on toxic debt, it would have done it a long time ago. It helps when officers own shares of the company that they operate as their own stock valuation would be negatively impacted on acquiring toxic debt.

Interesting opportunity to sell or reach an arrangement with a private strategic partner with its public shell at a price higher that the current market cap too. The company can always go public again when revenues are stronger in a year from now.
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