Magor Corp (fka MCC)

[streamingeagle88]

Actually my interest has been rekindled after watching the Aerus demos. Not that I know one teleconferencing paradigm from another but what I saw was most impressive and knowing the pedigree and track record of the principals

What's a boy to do??

So I added 45k shares today.

OT As you have been so helpful this may (or may not) return the favor. Check out BLGO. Biolargo.com. This is BIG....perhaps the most compelling discovery ever for the good of the planet...and investors at this point in time.

[Rocketred]

Magor is going after all the Green departments in the GOC and there are lots of them (green means) Travel Expenses,Airline,Vehicle Hotel Etc the money MCC will save the GOC its a huge number every year pissed away

The RCMP deal can never be taken away from Magor its there deal nobody else can bid on RCMP video conferencing

[Rocketred]

Don't think all video conferencing today is the same as MCC's

1000 plus people can video collaborate with MCC software

[Rocketred]

Just another billion dollars for the master of paybacks to shareholders

MNW Mitel Matthews, Terence Hedley
Relationship as filed with regulators: 3, 4, 5
Latest filing date: August 12, 2016
Direct Ownership
Common Shares 27,735
Options 171,036
Rights Restricted Stock Units 12,047
Indirect Ownership
Common Shares 19,704,210

[Rocketred]

Oh these guys know how get buyouts they have 38 of them already

They put in 110% working for shareholders

lots of stuff is top secret can't blame for that

They know what this software is and its game changing for the Video Conferencing collaboration industry

Stay tuned in

[streamingeagle88]

Predict buyout at $3/share??

OK

Say 60m shares

Tantalizing thought if within12-18 months. Makes MCC look most attractive at 20cents

However the Aerus software demos look to be a quite remarkable upgrade so adoption may be widespread and recurring revenues may make this a keeper for Sir Terry.

Will be interested in new adopter testimonials.

[Rocketred]

Q4 revenue numbers should be out next week

713k backlog
600k Rcmp deal
Plus at least 100k recurring revenue plus any deals from Feb and Mar

Heard they got lots of deals over the last while but smaller size thus no news releases on them so looking forward to seeing Q4 and Q1 end of Sept

I'm guessing well over 1 mil for revenue 4th Q


Yes IPO was .59 cents

End of day Magor sells out for 100 to 200 million my guess Mitel

[streamingeagle88]

Magor IPO 2013 for review

Note the market opportunity

http://www.cantechletter.com/2013/03/terry-matthews-talks-about-hs-latest-venture-magor-corp0320/

[streamingeagle88]

Appreciate your perspective

You must be very close to the company to be so specific.

Would you venture where the principals see the company in 3-5 years. Their history indicates sell after a 5-10 fold stock gain and if my info is correct Magor went public at 59 cents CAD. Or am I incorrect?

Over 6 million warrants are to expire worthless on Sept 12 unless the stock is greater than 60 cents. Makes for an intriguing next few weeks with news pending.

Own over 1% of the stock so the success or lack thereof will have some effect on my lifestyle. Sense that ownership is about to become more fulfilling.

[Rocketred]

Magor is working with over 20 government entities
there are expecting some deals and these will be bigger deals that will show up in a news release

Lots of smaller orders already in but MCC won't put them in a news release just in Q reports in which is due in less than 6 days

[Rocketred]

MCC .215 today 4Q out end of this month 600k rcmp plus middle east contracts

Should see GOC deals very soon to

[streamingeagle88]

From Stockhouse. Buyout speculation?

Pascoe used to work at Mitel

http://bloombergtv.ca/2016-08-04/news/industries/tech-and-health/mitel-isnt-done-with-acquisitions-despite-losing-polycom-deal/

One dollar a share or three would be pocket change for Mitel. Or maybe a partnership as Mitel could open doors and get Aerus in the marketplace rapidly.

Or am I dreaming with inadequate information.

[streamingeagle88]

No trades today. Halted??

Expected some action after yesterday's substantial move.

Contracts and product release must be near. Probably way too early for a buyout.

And for you Canadians who prefer to stick to North of the Border stories take a look at IVN and BLGO.

Two blockbusters in the making. Could be.

Abuse me later if appropriate.

[streamingeagle88]

Bought some at 2 cents

Not me but you.

Recent blocks and new website set the stage for today. Contracts and product must be close at hand. And if this software is disruptive the market cap indicates that there may be lots of upside.

Dreamers all.

[streamingeagle88]

Very Informative Post

Benefitted rereading it especially timely with Magor now displaying their updated Aerus offering. And if the tech is truly disruptive...let the show begin.

[streamingeagle88]

The oracle has spoken.

Don't you just love those responses that purport to know it all. Like my son at age 10.

Observing the landscape I'll speculate that being Canadian Magor has the home field advantage with GOC contracts whose validation would open doors globally.

And as an aside the paltry amount of money that they have raised has lasted years. And the profit margins on software with ongoing usage fees...oh well maybe I'm just dumb.

[cartonet]

Anybody can pull such product, no barriers to entry into that space. Burning cash like mad. Dead money

[streamingeagle88]

Lots of competition


https://en.m.wikipedia.org/wiki/Comparison_of_web_conferencing_software


What is unique about Aerus and is it compelling?

However with a minuscule market cap and a who's who of successful tech entrepreneurs the risk/reward may be fabulous. Who knows...need industry reviews and contracts.

[streamingeagle88]

Applications limited only by imagination


https://vimeo.com/magorcorp

[streamingeagle88]

Block of 90k traded at ask

Completely revised website. Aerus looks fabulous and ready for the marketplace. After an enormous market...no transcoding required. Not a techie but this feels big. Management are not fools and track record is awesome.

Phoenix rises.

[streamingeagle88]

New website + Videos

Looks promising.

Commercial launch in sight??

Market cap is laughable..$5m USD. Good place to start.

[streamingeagle88]

Trump implosion in progress

No worries there.

Magor has been quiet seemingly forever.
Own lots....don't ask me why.

RCMP to the rescue?

[Rocketred]

only stock manipulation is you spamming garbage

watch for the big deal weeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeee

[SShawshank]

Hey StreamingEagle....not quite sure where the bottom is with Magor Corp. Most of the small cap sector IMO is out of favor...there are obviously select pockets of strength but overall I see the small cap space remaining skittish till after the US presidential elections conclude in November.

If HC gets the nod the democratic wining the WH again will stabilize the markets...if Trump steals the WH and advance polls indicate it?

It could prove wise to have moved to cash prior-possibly entirely in cash-cuz I don't see nothing but egregious volatility across all indices worldwide ...the uncertainty a DTrump administration would create.

MCC announced a recent additional RCMP contract-even with that win the overall market and investors threw a big yawn.

I remain cautiously optimistic with the principals behind this story being AAA grade in both investment-tech and management circles.

However I am not a buyer here if being a new investor till some base of assurity demonstrates itself in the trading action.

I am no T/A convert or surrogate but as we head into the summer-the old adage about going away in May?

This year inparticular might just apply.

GL2U


SS

[streamingeagle88]

Comprehensive and informative reply. Thanks for sharing your insights.

Stock seems to have found support in the 10cent area. Psychologically easier to wait patiently when the stock is not in free fall.

[cartonet]

LMAO


Rocketred2015



February 08, 2016 - 04:27 PM 81 Reads
Post# 24537070


MCC if ya want to join the billionaire club

MCC a must own

[cartonet]

9c. This bankrupted turd going back to 2c, those that pumped it with lies should be investigated and get cease trade orders for stock manipulation

[cartonet]

this guy got it right:


blackjackall


3.5 stars
User Actions
March 30, 2016 - 05:52 PM 43 Reads
Post# 24713015
Rate this post

Complete and utter trash

This company was clearly pumped by a bunch of internet trolls and is way overvalued at current prices. Company loses another $1.86 million for the quarter and pumpers have the balls to say it's a buy? Caveat emptor amicis

[cartonet]

As at January 31st, 2016, the Company had cash on hand of $82,062 compared to $201,086 as at April 30, 2015.

[cartonet]

Magor loses $1.86-million in fiscal Q3 2016

Magor Corp (C:MCC)
Shares Issued 51,725,489
Last Close 3/30/2016 $0.115
Wednesday March 30 2016 - News Release

Mr. Mike Pascoe reports

MAGOR ANNOUNCES FISCAL Q3 2016 RESULTS

Bleeding money once again, no mention of Gov. contracts awards BS

[cartonet]

Good post

3/30/2016 6:47:00 AM
Read Replies (1) of 41380

Seen this site advertised on TV in past couple days. Looks like some competition for MCC video and net conferencing. Even offers free instant conferencing as incentive to give them a look. Not sure if this fills same space as MCC but it appears to. TV ad was much snazzier than the website. After quick search for meeting rooms , video conferencing and net meetings it seems there is no shortage of competition in that space.

mymeetings.com

[cartonet]

Excellent insight thank you...

However as I said earlier in the prior post MOST INVESTORS DO NOT FACTOR IN HOW LONG GOG trials actually are in duration.

[SShawshank]

Streaming Eagle: I would concur with your comments re MCC in this post.

But I will add that it is disruptive to the former standard in the industry-not just from the bridgeless interoperatbility functions from the tech side of the equation but from the budgetary concerns for a large rollout/adoption across an entire government department to department-agency to agency-ministry to ministry-embassy to embassy...to operatives in the field-video conference-video security and survellance=-be it G.O to G.O or B2B or Bussiness to G.O ...even NGO's would benefit from Aerus-and when your technology's value proposition is such that it may well become the defacto NEW gold standard in the industry sector it has entered into both from a technological/operating perspective and is more $$$ financially cost effect and viable?

Your considered a disruptive technology...revolutionary change vs evolutionary change-exponential change vs incremental change that kind of thing and if successfull in becoming the new operating standard for an entire sector?

You have a possible exponential (tsunami type wave vs gentle ones) type of ROI situation.

I say potential cuz when you bring about disruptive change and challenge the status quo in a sector?

Your replacing or vying to replace an entire industry leader already embedded in its sector-and that is not always an easy feat nor inexpensive one to undertake.

Which is why you need the networking connections to Government Agencies and Offices-to the movers and shakers in the purchasing departments of those G.O.s and equally as important in the private service sector to get your product/service into their purchasing considerations in the first place and that is where you need the strength and breath of management coming in behind your company's offerings.

Que the importance of Terry Matthews and Mike Pascoe and the entire MCC management team.

But with this type of monumental change to this sector-you still will meet with resistance-till some type of tipping point comes where the pendulum of adoption and acceptance tips in your favor and things start to build momentum on the balance sheet as scale from sales (in this case recurring revenue) starts to come into play.

Were not quite there yet IMO-were still early...BUT I do know from dialogue with Pascoe not that long ago-that it was at the request of existing customers and potential customers that MCC went back to the development que and married Aerus Cloud with the Aerus Windows application which met and was more conducive to meeting large GOC contract mass adoption/security requirements as well if one looks back on MCC's history...State interests in the USA-such as what was underway in the state of Texas which was put on the backburner till the Aerus Windows platform was developed/available.

It was also the GOC that made the request to MCC to develop the Windows based Aerus application as I understand it ( I stand to be corrected if interpreted incorrectly) and that is why this current GOC trial underway is being completely cost funded dollar for dollar and cent by cent by the GOC and born by the GOC vs MCC.

However as I said earlier in the prior post MOST INVESTORS DO NOT FACTOR IN HOW LONG GOG trials actually are in duration.

I am expecting this current one to run minimum 6mths and possibly run the entire year with results once again in December of 2016 like MCC made public in a NR this past year in Dec 2015-altho I have no information to the exact duration of the current GOC funded Aerus Windows trial and is a speculative projection on my part based on MCC's past operational public disclosures.

Personally? I am not buying any shares in MCC nor interested in acquiring any more shares in MCC at this time-till we hear/see more public disclosure related to product development and material update on adoption and acceptance..vis a vis I would like to see interest outside of Canada/Canadian government agencies be demonstrated in the MCC product/service as it relates to Security-homeland inparticular as MCC offers a very robust video surveillance unequaled by any other in the market place from a value proposition perspective and with the geopolitical situation being what it is with the extremist situation and the USA hellbent on patrolling its own southern borders let alone what is happening in Europe-Aerus offers a form of a nonphysical fence/border
that could/should be very valuable to those type of agencies IMO requiring bridgeless/interoperable functionality to their surveillance grids from command and control centers to their operatives in the field.


The next 12 to 18mths for MCC are not only going to be IMO pivotal for MCC and its Aerus Cloud and Aerus Windows platforms....but critical as well..because with disruptive patented technology...once you become the defacto standard there is always competitors nipping at your heels and burning their own midnight oil in their RandD departments hoping to knock you off and replace you as the next defacto standard in the sector as well.

SS

[SShawshank]

AyeU: I bought MCC in the trading account (Non Registered) in December 2015 ranging from .015 to .025 per share making the average .02 on the timely purchase.

I sold on the way up in the .08 range...some in the .13 .17 and last lot at .25 and left behind a small position in the trading account free and clear.

I did not obviously pick up enough shares at that price as one would have liked to given the valuations at that time and return generated on its rise to what .27 to .29 a mere month later?

I personally did not see that type of return in a short period of time coming and tho there existed those that posted it was heading to .40 per share in short order I did not share that observation and stated so on the stockhouse thread-and at .25 per share when I inquired with MCC their cash requirements and would they be entertaining a PP at any time going forward-it was not in the cards at the time and I got the impression after the dialogue that even MCC thought the stock had gotten a little ahead of itself at the time and were surprised at the meteoric rise off the bottoms of December.

In the hyperbole that some posters get caught up in or play into they gloss over or selectively forget to discuss that typically GOC trials are lengthy in duration-even ones they pay for as with MCC-I expect the one currently underway will run 6mths in duration (or possibly longer-the last one I think was 12mths duration?) and than a review/efficacy (cost and effect) review process will take place and results made public in a NR format by MCC.

Pascoe in my dialogue with him is building the business and have been building their business on the recurring revenue model transformation brick by brick and are doing so methodically.

The story tho some time in the development aspect spanning many years is still early in its mass adoption/rollout/ aspect of things...because it is disruptive technology to the status quo this is not unexpected.

Finally to clear up any of your confusion to MCC ownership...I originally as posted on the MCC thread many moons ago and updated periodically-bought shares in MCC in the .40 range in my registered holdings (RRSP) after it went public-and bought on a couple subsequent purchases for the RRSP contribution-bringing the average price in the RRSP down to the .18 range to break even.

That is like a 3 to 4yr hold of MCC in the RRSP account-just to now break even (read-was dead money for 48mths obviously) vs what a 4mth hold in the trading (CDN Margin) account with a 900% gain?

Unfortunately like I have stated the stock at .015 bid to .025 ask was compelling for a speculative investor purchase considerations-but at that price it also indicated solvency concerns (least for me it did) so ones balls would not only have to be brass to have loaded up but made of teflon against possible total loss as well.

I am cautiously optimistic on MCC by and large because of who is behind the company (Terry Matthews of Newbrdige Networks Canadian Bellweather fame sold to Alcatel for $7.1Billion) and who runs the day to day (Pascoe-also from Newbridge Networks and past Terry Matthews company
operations) and like the resource sector AyeYou...IMO you place spec money in the tech space in management first and foremost.

I have not been able to keep current with the blog and updated it let alone stay current on any threads lately as I would have liked to -due to a family related illness.

Happy Easter Sunday-one of the two days of the year we actually attend mass.

SS

[Rocketred]

yup exactly

[streamingeagle88]

If the software does indeed provide a unique upgrade to existing teleconferencing software and MCC has an inside track with the Canadian government the stock price will respond positively. And the track record of the insiders is quite remarkable and thus reassuring.

So we wait.

[Rocketred]

Just have to ride out the storm and see what $$$$ value comes from the GOC contracts

[streamingeagle88]

Secondary?

Sure trading like it.

Happy Easter.

[cartonet]

Make that 12c, next gap to fill is at 2c.

[cartonet]

12.5c thats your news

[Rocketred]

watch for Q report then news

[cartonet]

what GOC contract? I hope you didnt buy this on the pumper's lies cause you gonna be holding the bag there bud..:

[streamingeagle88]

From today's action one could surmise that something is amiss with the GOC contract.

Quite the late afternoon dump.

Oh the suspense! Or is my timing way off?

[cartonet]

Magor refiles Q1, Q2 fiscal 2016 results

oh they forgot...

The Company recently became aware of a contractual arrangement that was entered into on July 31, 2015 with a related party in which they inadvertently omitted to notify the appropriate authorities within the organization of the transaction. Upon further review of the situation, the Company concluded that a control breakdown occurred which resulted in the Company not recording the purchase of these goods and services from a related party in the financial accounts, and to disclose the related party transaction in the July 31, 2015 and Oct. 31, 2015 financial statements and MD&A

Magor refiles Q1, Q2 fiscal 2016 results

Magor Corp (C:MCC)
Shares Issued 51,725,489
Last Close 3/16/2016 $0.185
Wednesday March 16 2016 - News Release

Mr. Mike Pascoe reports

MAGOR ANNOUNCES FILING OF AMENDED AND RESTATED FIRST QUARTER AND SECOND QUARTER FISCAL 2016 FINANCIAL STATEMENTS AND RELATED MANAGEMENT'S DISCUSSION AND ANALYSIS

Magor Corp. has filed amended and restated unaudited interim financial statements and related management's discussion and analysis for the three-month period ended July 31, 2015 (first quarter), and for the three- and six-month periods ended Oct. 31, 2015 (second quarter), which are available on SEDAR.

The Company recently became aware of a contractual arrangement that was entered into on July 31, 2015 with a related party in which they inadvertently omitted to notify the appropriate authorities within the organization of the transaction. Upon further review of the situation, the Company concluded that a control breakdown occurred which resulted in the Company not recording the purchase of these goods and services from a related party in the financial accounts, and to disclose the related party transaction in the July 31, 2015 and Oct. 31, 2015 financial statements and MD&A. The Company has taken the necessary actions to remediate the control deficiency. The financial statements and related MD&A's have been amended to reflect the unrecorded purchase of products and services obtained for resale from a related party and the failure to disclose the related party transaction in the financial statements and MD&A.

These corrections resulted in adjustments as at July 31, 2015 in the interim condensed consolidated statement of financial position to the previously reported prepaids and other receivables of $52,716, inventory of $145,711 and accounts payable and accrued liabilities of $198,427. These adjustments did not have an impact on the Company's previously reported net loss and total comprehensive loss included within the condensed interim consolidated statements of comprehensive loss for the three month period ended July 31, 2015; nor did they have any impact on the previously reported net decrease in cash flows included within the condensed interim consolidated statements of cash flows for the three month period ended July 31, 2015.

These corrections resulted in adjustments as at Oct. 31, 2015 in the interim condensed consolidated statement of financial position to the previously reported prepaids and other receivables of $45,244, inventory of $145,711, accounts payable and accrued liabilities of $198,427 and deficit of $7,472. These corrections also resulted in adjustments for the interim condensed consolidated statement of loss and comprehensive loss for the three and six month periods then ended to the previously reported cost of sales of $7,472. These adjustments did not have an impact on the Company's previously reported net decrease in cash flows included within the condensed interim consolidated statements of cash flows for the three and six month periods ended Oct. 31, 2015.

[Rocketred]

Feb 2, 2016 - Learn more about this Government of Canada initiative, which aims to ... videoconferencing, contact-centre services and the transportation of ...


https://www.canada.ca/en/shared-services.html

[Rocketred]

Just put em on ignore his credibility is shot on SI anyways
bragging he can sign up names after names on stockhouse just proves he has no credibility

[cartonet]

dont worry as soon as GLH closes that PP I heard Maggot will get a 100M contract and the tooth fairy will begin her payments to all...

[cartonet]

d

[Ayeyou]

In your blog on stockhouse you say this....

Magor Corp TSX MCC...not sure what is sustaining the valuations to be honest as they keep saying they have new orders...customer interest both GO and NGO in nature...but have announced zilch to that effect. Average cost of .255 as well.
Read more at http://www.stockhouse.com/blogs/the-shawshank-blog/november-2013/shawshank-blod-updates#Glo5A3sqS1MkyIv8.99

So are the .025 centers you bought in December on top of the .255 cent average shares from your Feb 2014 blog update? I read somewhere in your blog that you had bought MCC in the 30s so did you just hold the bag for two years like Heinz did or did you liquidate take the loss and then reload after your dream stock in 2013 2014 crashed to a penny?? I am so confused as it is hard to separate fact from fiction here.

[SShawshank]

CT-LOL