Majic Wheels Corp (MJWL)

[PENNIEStoSTACKS]

Market Cap $389,240 That's PATHETIC, all this is worth MULTI MILLIONS $$$ Imo
http://finance.yahoo.com/q/ks?s=MJWL+Key+Statistics

OS 185,350,000 X .0021 = $389,240

.03 X 185,350,000 = $5,560,500 That seems more reasonable to me

Would that be to high of a Market

http://www.mjwl.info/index.php/investors

What does MARKS DUMPSTERS have to do with MAGIC WHEELS?

Look below the Video

PAGE 12

The accompanying unaudited balance sheet as of December 31, 2011, the statement of operations and the statement of cash flows for the three and six months ended June 30, 2011 include the accounts of Mark’s Dumpster Services Inc. The accompanying statement of operations and the statement of cash flows for the two months ended February 29, 2012 include the accounts of Mark’s Dumpster Services Inc http://www.marksdumpsters.com and MW Dumpster Service Inc. http://www.mwdumpsterfortmyers.com These predecessor financial statements are disclosed in the Company’s Form 10-Q for purposes of complying with the rules and regulations of the Securities and Exchange Commission as required by S-X Rule 8-02. The accompanying financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America using Mark’s Dumpster Services and MW Dumpster Service http://www.mwdumpster.com Inc specific information where available. These financial statements should be read in conjunction with Company’s Form 8-K filed on March 2, 2012.


and then this?

PAGE 8

On March 26, 2012, the Company issued a $75,000 promissory note to a third party for the exclusive franchise rights of College Hunks Haul Junk and College Hunks Moving http://www.collegehunkshaulingjunk.com for Charlotte and Lee Counties located in Southwest Florida. The note accrues interest at 3%, is payable in two years, unsecured and is convertible after six months at the lowest closing price for the Company’s stock during the previous 10 trading days at date of conversion. The related cost is recorded as an operating expense during the four months ended June 30, 2012 due to uncertainty of the future expected cash flows to be derived from these rights.

http://ih.advfn.com/p.php?pid=nmona&article=53885503