Moro Corporation (MRCR)

[ghmm]

For those who may be new to this company and looking to buy shares a few things to keep in mind:
1-My understanding is Mr. Menard isn't so eager to get off the Pink Sheets especially if OTC-QX becomes well accepted. Though I would much prefer being on NASDAQ in some form His reasons seem sound and one shouldn't expect a change soon (though it certainly is not outside the realm of possibility).
2-Given #1 and the extremely low float there can be huge spreads (30-50% have been quite common and about 10% seems typical).
3-I've often placed orders to not see my bid appear. Even have seen trades execute below my bid (Had better luck with some brokers over others but not all the time).
4-Shares can execute in small odd/quantities. I've had executions of 30-40 shares on several occasions.
5-With the maturity of the convertible that was due 9/07 some of the holders elected to receive shares 175k principal = 87,500 shares. My guess is some of these were sold on the open market as the stock has traded above $2, its anyones guess how many of those could be available for sale.
6-If you really want to build a position I had success paying at or near the ask. That was over a period of time though and the price did rise with any significant execution.

As I post the spread went from 2.1 - 2.5 to 2.2 - 3.0. Good luck to those looking to accumulate. I think it offers a compelling long-term value proposition!
Of course be c