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Friday, 03/08/2013 2:59:39 PM

Friday, March 08, 2013 2:59:39 PM

Post# of 7091

MIMV - update on Seeking Alpha blog ........

While I've spent a great deal of time since last week putting together a Seeking Alpha blog similar to the one I put together on WDDD that created near record volume for almost 2 weeks, (link below) ....

http://seekingalpha.com/instablog/384824-joenatural/1562821-wddd-a-conversation-with-ceo-thomas-kidrin

there's been a rather sudden twist. In spending over an hour on the phone with Kasian Franks last Friday, I spent over an hour on the phone with Mike Poutre on Monday and per my suggestion to Mike, I've decided to not write a blog on MIMV. Why ?

The company has reached the stage where they can actually begin to explain to shareholders why they've been so quiet. In fact, I don't think anyone should bother writing about MIMV on either Seeking Alpha or any other venue until MIMV unleashes the many significant PR's (not fluff) that I believe they have under their belt, once their legal counsel gives the final okay. Investors and potential investors don't want to see another write-up by a shareholder. They want significant news from the horses mouth and rightfully so.

Disappointed in that ? Don't be. Be excited, very excited. I think it's easy to get disappointed when you know the company is putting many exciting deals together, yet they're not quickly disclosed. There's a reason for that and that reason will be digested soon enough. It cracks me up when I see people pretending to be disappointed shareholders of the stock when in fact they don't even own the stock and simply want others to sell while they grab their shares. Not alot of honesty in the marketplace, but that's the way it works. Just a couple of days ago, I saw a poster claim that his buddies were the dumpers of the quick drop to .20 and that they might dump more. Really ? Oops !! Maybe a little white lie ? Absolutely. Sorry bubs, but it wasn't your buddies dumping the stock and obviously you don't have any buddies with a large position. The dumper was an original .10 cent investor who just registered their shares and in hitting the .20 bid repeatedly when the ask was .26, they obviously didn't care what price they were filled at, as they were just selling regardless of the price. A very wealthy individual who obviously doesn't know how to sell their stock. An opportunity ? Absolutely, as myself and others in our Paltalk room rushed in to buy all we could in the low .20's and feel like we just took candy from a baby.

Shareholders have a dear friend who for some reason chooses to try and paint MIMV in a different light, virtually on an hourly basis 24/7. Definitely a deranged individual IMO. When I asked management about this obsessed human being, they confidently stated they could really care less about this individual and actually laugh at the guy .... or girl. They are not at all upset whatsoever about the continued false and misleading statements this person makes, as they are confident that their technology is not just a game changer, but a world changer.

I'll be the first to say that MIMV's detractor is a smart individual, as I finally decided to take a look at other companies that this person posts about and as I thought, ALL the posts are negative. There's nothing wrong with this IMO as long as their material isn't false and misleading and one of the stocks that the individual blasts repeatedly is MDBX and after reviewing MDBX, I'll say this .... congrats to those who've taken a short position, as they'll (without any doubt whatsoever) be right and make great money on the short side. In fact, I think they can hold their short positions to zero.

With this said, our beloved friend is dead dead wrong about MIMV, absolutely dead wrong and it's my belief that he or she wants to buy the stock as cheaply as possible. I might be wrong, but I think this person is wise enough to realize that MIMV can become a worldwide recognized name and rather quickly at that. This person is wayyy off with regard to the size of the number of shares being circulated in the float, which is less than 10 million shares, not the 40 million that he or she purposely states to scare others. The detractor jumped on the company at the perfect time, as the company hasn't been able to talk about the numerous deals they're putting together and when a relatively new company has its hands tied, detractors can take the floor and allow investors' minds to run wild when in fact the company's on the verge of being able to speak to the world. Detractors even go as far as to say MIMV may no longer be working with Microsoft and that statement is the biggest ROTFLOL I'll have all year. Just like Facebook bought Instagram for over $1 billion dollars, I believe that MIMV will ultimately see an offer of the same size from Microsoft.

MIMV's products blow away anything their nearest competitor (Quixey) has, but that's a given. Just use both right now for the same exact search and relevance and you'll come away with a good laugh. It's like comparing a Volkwagen Bus with a Ferrari, yet look at Quixey's client list. Rather impressive for having such a dud product and when MIMV starts talking about their client list that includes large corporations, that'll be the "ah ha" moment that signals to the market that the current $15.8 million market cap here at .24 is a total joke.

Did the company make a bad deal by issuing shares at .10 ? Of course they did, but they were desperate for cash to begin implementation of their business plan at the time and unlike what some detractors will say (even though they know better), that kind of capital raise will never ever be seen again, period.

How many people realize that back in 2009, Seeqpod (Kasian's old company) had 50 million monthly users ? Did you know that Instagram (bought by Facebook last year) only had 30 million monthly users just last year ? Probably not. How many people know that Kasian's Seeqpod was offered a buyout of $100 million right before Warner Music Group had other plans ? Has anyone noticed MIMV's soaring Alexa ranking ? It's beyond impressive and I'm told this will actually accelerate even more going forward.

Will we see another Sept. 25th-like PR that will have people scrambling to buy the stock ? IMO, absolutely yes, except next time I would suspect the initial run won't be near as volatile and certainly more sustainable.

I'm flying out to California next month for several days to get a first-hand look at MIMV's Los Angeles operation and of all the companies I've visited in the past, I am by far way more excited about this visit than any other.

Rather than making so many false and misleading posts, I just wish onlookers and participants would look at MIMV's current valuation of $15.8 million at the PPS of .24 and ask themselves if they think the company will be worth more or less than this. Pretty simple, eh ? Personally, I think the stock will see many many multiples of the current valuation and it doesn't have to happen by 8:00am tomorrow.

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