Any bets on the 10Q ???
10q is due in 9 days. But MMRF's CFO left under mysterious circumstances. (but received an enormous severance package for an employee departing retroactively)
My guess is late
outside shot at MMRF going dark (which would then scuttle the R/S plans)
Speaking of R/S. MMRF announces a reverse split. Says Shareholders will vote on it, which is not required and management has full voting control anyways. But then no proxy appears. No word at all
Silence.
MMRF management behaves erratically and impulsively. Solely on their own timetable, for their own benefit.
And shareholders are supposed to like it and buy more.
MMRF meets no criteria for investment. It's a private company that unfortunately managed to gain control of money from the public.
If Bob is really rich (which I highly doubt), he should announce a tender for the remaining public shares of MMRF. He can buy the entire company for less than the supposed value of the statue out by his pool. (and shareholders will get far more than what their shares will be worth 6 months from now)
Come on Bob. Step up and be a man!
#1). You have money. Other people want it. All of it!
#2). You want easy money. So does everybody else. They'll get it, too....yours! (and all of it!)
#3). You tell yourself you're smart. You won't lose your money. Fact: Other people are smarter,