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Re: Retirement post# 14088

Monday, 10/02/2017 9:17:30 AM

Monday, October 02, 2017 9:17:30 AM

Post# of 15377
Good point! Monaco has to file in order to sell MKGI stock. And, there is no doubt he has been the person financing MKGI up and until the company found the new board members and Pacific Grove and Northland Securities.
I suspect the selling in the past few months has been from people who provided services to the company in exchange for shares, or the guy or fund who "cleaned up" some debt of the company in exchange for shares.
All these efforts to clean up the balance sheet are in order to get the auditors to take the "going concern" label off the company. As this happens, MKGI stock will be free from lots and lots of encumbrances.
Looking at all the i's that are being dotted and t's that are being crossed, it sure looks like they are sprucing the company up prior to opening the doors (open for business) and inviting the public to come in. JMHO.