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Re: SkyFullOfStars post# 21163

Sunday, 01/15/2017 3:57:16 PM

Sunday, January 15, 2017 3:57:16 PM

Post# of 61155
Great point! I strongly agree, as I too have seen much bigger share structures go to MULTI-PENNIES.

My post probably depicted me as a bit of a "non-believer" with regards to MMEG running to penny land. The reason for my skepticism is based on the trading that occurred the week after Christmas. I've been holding since November. The week after Christmas, this thing hit .0068. Naturally, I expected some consolidation - maybe down to low .005s - before the track to .01+, but we dropped all the way down to the upper .002s. That kind of a selloff can't happen this time! Thats way too much selling on a hot stock with a major acquisition pending. Then of course we all know about the horrific gap-down to .0015 after the delay was announced.

I do feel better about the position we're in now. It seems the acquisition completion PR will hit at any moment, and major news on Earnhardt-Reality-TV can also hit at any moment. I believe the convertibles are mostly done, and I have to believe that it should be easier to "re-run" to .0068. Then, I can't imagine the bulls chickening out on busting through .0068 and on to .01.
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