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Thanks easy, to your prompt thought there was a filing I missed, but see there is not.
Here's the thing. Marshall had discussed cancellation. I think we discussed preferred as possible. When cancellation announcement came April 25th, only 1/4th of the previously proposed share amount, 500,000,000, is now set for cancellation. That's it. Hence the stunned or disappointed silence on the board for days thereafter. Marshall gave no indication that the remaining 1.5 Billion shares will be converted to preferreds, as you claim they will. You suggesting so does not change that.
As to the restricted shares used to acquire assets, those are Marshall's own shares right?
So Marshall is not buying merchandise with MDCE company owned shares but his own shares. He's then giving away the purchased merchandise to Infinite Auctions. So Infinite Auctions is acquiring donated merchandise currently. Sound correct?
Yeah, of course my choice. We'll see. I'm much more motivated.
That last run up was Dr. enhanced into news that materialized dismally (quite little like a mini pump n ______). Share price did not hold and way back down after that run up.
Dr. is baaaaadd news. Hasn't sold a share, but also ego posted about his flipping. PhD in bullshit and hating.
Have been patient yet currently confidence in Marshall is undermined, in part by Marshall previously a generous newbie now by comparison chimping out @500K not full 2 Billion, and, his pumping skankin' buddy.
I do appreciate Marshall's much stronger solid Infinite Auctions website.
And his successes in building a well connected operating expanded business with good sales, some record breaking, and strong merchandise acquisions. Good for him. Announcements of company developments from the company coming soon via PRs, assuming they occur as conveyed are coming soon, 1/4 billion share cancellation, positives. Revenues way down year upon year, Marshall wears hat of near all mngt. And that skankin bro buddy.
.
Will be much better without you, bro bro.
Right, you prefer I sell because you undermine the company, and ruin the board.
Tally your posts, we'll find an insult or slight on near every one.
My posts you removed, Admin re-posted. Clear you cannot take truth calling and criticism
Thanks for the detail post MITI. Exactly where I am tracking.
The QTR filing should give us a few more facts of the assets. Inventory will be up over 500k due to the value of the James jersey.
Hearing he is getting more clients to auction their memorabilia. Next auction should be very interesting.
GLTAL
This was the tweet from April, 2023:
After a successful auction the immediate focus is on $MDCE corporate matters:
-New Website, New Logo and Expanded Company Vision
- Preparing for Full Audits for further transparency and future potential up list goals
- 2.3 billion block to be converted to preferred class
- Reduction in Authorized Shares
- Exploring potential further SS reductions/clean up including potential share cancellations
- Initiate Name and Ticker Symbol change when possible
- Enhanced Branding Initiative
Please note that nowhere does it mention that the 2.3 billion block will be canceled. The cancellation of 500m shares is something new as the plans likely have changed.
As I said a few months ago, I am interested in seeing the next filing for Q1 which should add clarity for where Marshall’s restricted shares are going. If his number of restricted shares goes down because of the Lebron Jersey acquisition, that is a good thing. I suspect that he wants to hold the remainder of the shares (not cancel them all) for other acquisitions. I say “suspect” to be conservative but I hear he does have a merger in the works and it’s not just another jersey or item…just needs to close. Of course if that goes through before the end of the month, we should see that in the quarterly filing after the upcoming Q1 filing.
Perhaps after all the restricted shares are doled out and distributed, then we see the actual conversion of the restricted insider shares to preferred. Just some “speculative” thoughts…
Sort of funny that was a copy and paste of easemoneys DD.
Lmao.
Have a snickers.
Good please dump it and leave the board. We are all better off without you here and as a stockholder.
Stock, I posted the initial stock conversion info, not the good doc, he was just reposting it for any newbies.
I only posted what is currently being considered, and they are not canceled, they would move to preferred as he has stated many times. This would still be beneficial to SH.
It's clear Marshall is using those restricted shares, to acquire assets.
Lets let him finish the changes and update us, or as you stated you will just sell and move on. Your choice as always.
I did DD. You were embarrassed when after I brought up issue that Marshall should follow-up on past anmoncements, you claimed that Infinite Auctions focussing on NFTs was a rumor, and that I should do appropriate DD.
Anyone doing very basic DD will find some or better DD will find all of Marshall's news announcement and discussions, and financial filings, and tweets, and discussions on this board at the time, of MDCE as Infinite Auctions to take the company in direction and investment in NFTs.
Do some DD, bro!
You're just on automatic insult mode.
Anyone with any sense knows your claims are often mostly full of bullshit, you barking loudly hiding behind insult and false claims of what others said but did not.
As for commenting on your negative insulting skanky posts: I usually won't post here for a while. I come back, and there you are back at it, with bullshit, and insults, and how great you are, over and over, and again, I comment on how you make Marshall look bad, and how inappropriate and useless your posted information typically is.
.
Bullshit! "Possibly an additional 1.5 B converted to preferred per CEO. Float of 910 million, with 400M DTC shares."
Marshall for a year and half discussed reducing commons by 2 Billion, and now he announced just 500,000 to be cancelled. The remaining 75% is off the table. Your false claim of yet an additional 1.5B common share to be eliminated is misleading, just like a fake news pumper.
It's skanky insults and extra pumping where I now consider selling my MDCE that I have owned for years pre merger and again bought more after (that per your standard skanky-nasty style you gaslight to say I don't own).
Marshall buddies with you is confusing, because you sooo make him look bad.
Go ahead, re-post your apology. It never occurred.
Requested same weeks back previously, that you did not respond to, left un-cited and left not shown.
You just made it up that you posted an apology.
Bro
I have to wonder when you are going to take a position. You once said many moons ago you liked the play.
That was before things matured.
GLTAL
True, with much more on the way.
We have seen plenty of news recently. Not like we haven’t
Good morning board, is this the week we finally get some vol. Looking forward to MDCE NEWS.
GLTAL.
You think constantly attacking me and showing your love for JJ you are good for this board?
How about go do some DD like easymonee
Update1....For NEW board participants, MDCE DD current to what is coming in the next week to 30 day days. As well as some speculation that could be huge.
1. Filings out the week of the 15th showing inventory up at least 500k due to James jersey acquisition. Jersey retail est. 5 million. Someone gave up a 5 mil jersey for 500-600k of value in shares WHY?
2. Cancellation of 500 million shares in process. Possibly an additional 1.5 B converted to preferred per CEO. Float of 910 million, with 400M DTC shares.
3. In control of a Jordan jersey worth 20 million retail.
4. Merger with RGU, (realgameused) CEO's private company. RGU is well known in the industry. I have seen multiple high end memorabilia appraised by RGU. Micheal Jackson's glove as an example. This was listed on a competitor's site. Already has large auction sites under contract. Could already be profitable.
5. CEO has mentioned non-dilutive financing as a solution for the NFL licenses.
6. NFL memorabilia licenses, possible 2 this year per CEO.
7. Explosive revenues and profits in a very hot sector (memorabilia)
8. Ceo has talked about adding more assets with his restricted shares. Assets acquired for .10 on the dollar for restricted shares is always good. Example the James jersey.
9. Sector has been consolidating over the last 6 months. MDCE is in a perfect position for merger or acquisition, with no debt and restricted shares owned by the CEO.
It’s so cute you defend your new best friend.
You guys are great for Mdce and since you both own zero shares why not move on?
No one here believes you own stock anymore once you teamed up with the basher troll.
You mean when I apologized immediately and you kept going for weeks?
My 12yo is more mature
Name one lie. He doesn’t own Stock. You guys are such a cute hysterical couple.
Protecting the company! Mmmhmmm
Umm replying to you bro. LMAO
Just responding to yout super negative never ceasing attacks upon others.
Please stop already.
I'm one of several who has requested the same from you.
Gaslighting yet again. I don't align with another on this MDCE board.
Commenting on a rude arrogant self centered poster (that's you) always insulting others, then with my request he stop, where he never does, yet continues to inflame, is not trolling but is protecting the company and protecting my investment.
As per your claim, you lie.
Except I don't bash on this MDCE board.
You lie.
You guys crack me up. Ihub is meaningless. People can attack me here all day but means nothing to me or anyone else.
What do you bring it Mdce? Nothing.
Maybe you two should self reflect as opposed to distracting from your own insecurities by trolling someone you don’t even know. Only losers troll anonymously on Ihub.
I am better for MDCE than you bashing on this board with JJ like a douche
Your swagger is bullshit.
Do what you want, yet as buds with Marshall skanking on a board about his company... go figure.
Bad look,
bad for Marshall,
bad for Infinite Auctions,
bad for MDCE.
Update1....For NEW board participants, MDCE DD current to what is coming in the next week to 30 day days. As well as some speculation that could be huge.
1. Filings out the week of the 15th showing inventory up at least 500k due to James jersey acquisition. Jersey retail est. 5 million. Someone gave up a 5 mil jersey for 500-600k of value in shares WHY?
2. Cancellation of 500 million shares in process. Possibly an additional 1.5 B converted to preferred per CEO. Float of 910 million, with 400M DTC shares.
3. In control of a Jordan jersey worth 20 million retail.
4. Merger with RGU, (realgameused) CEO's private company. RGU is well known in the industry. I have seen multiple high end memorabilia appraised by RGU. Micheal Jackson's glove as an example. This was listed on a competitor's site. Already has large auction sites under contract. Could already be profitable.
5. CEO has mentioned non-dilutive financing as a solution for the NFL licenses.
6. NFL memorabilia licenses, possible 2 this year per CEO.
7. Explosive revenues and profits in a very hot sector (memorabilia)
8. Ceo has talked about adding more assets with his restricted shares. Assets acquired for .10 on the dollar for restricted shares is always good. Example the James jersey.
9. Sector has been consolidating over the last 6 months. MDCE is in a perfect position for merger or acquisition, with no debt and restricted shares owned by the CEO.
lol. Pot calling the kettle black anyone? When someone has been trolling you for years and insulting you and lying about you, pretty sure in this country I am allowed to reply in any fashion I choose. Trolls and bullies earn nothing but the same in return.
And defending him unfortunately makes you just like him. I don’t even believe you own shares anymore.
He doesn’t and if you bash with bashers you don’t either.
Shame social media has given birth to such vitriolic cowards. You guys are cute though. One young and one old, and yes u know you are older. 😉😉
Thanks guy. Just making it clear what is happening here.
GLTAL
Small minded or emotionally disturbed persons insult others as their primary communication, about assessment of a stock, like MDCE.
Because that's what THEY do !
Why are you trying to discredit what is a standard in the market?
It’s like he is so small minded he doesn’t realize to be successful you don’t have to to flip for movie money.
I am up more on Spzi than he makes in 2 years flipping.
Any intelligent adult knows there are multiple ways to do anything and do it well.
And my way will be borne out.
I guess Buffett was wrong all this time.
Who knew? 😉😉
I do both, trade and hold long. The trades I don't concern myself with the DD and where the company is going...trade the trade. With long holds I evaluate the management and their business plan, The O/S, and any current or future dilution to the O/S. We are just now getting to implementing the business plan.
Let's see how the CEO (Marshall) does over the next 30-60 days. He has had a couple false starts which has caused longs grief. Typical of a penny stock you mentioned.
GLTAL
Professionals don’t invest in a non sec reporting ticker with 400 million plus million already tradable in the market with 900+ million unrestricted.
Trade em, don’t marry em.
I learn something every day. I remember when I learned how important the O/S was to the value of a company. I also learned many years ago how a small float/DTC number traders could use that info to manipulate a stock on a pump and dump. Happens every week in the market.
Keep focusing on the DTC number, I get it. I will focus on the one number all professionals use to value a real company with revenues and profits.
Dude. You’re talking about an OTC ticker that already has a 400+ float. That ain’t tiny. With more to come.
Have a ton learn if your investing in something like this. SMH
LOL, your right float matters if your a trader, not so much if your long. What really matters is total shares (O/S) as that is what is used to value a company and the only number that is used.
Nobody values a company based on the Float or DTC number, which many times are different numbers. With MDCE, DTC is actually lower than the quoted float number on the OTC site.
Why are you trying to discredit what is a standard in the market? Accept it and move on, as I do with your posts on the DTC number, I get it the number is going up. Now tell me how the DTC number affects the value of MDCE, as the O/S which is currently going down surely does. There is a reason that buy backs and share cancellations increase share price. Also an increase in O/S lowers share price. It really is a pretty simple concept.
GLTAL
Stop that nonsense. The DTC cleared was 80 million 2 years ago. Now up to 400 million.
Float matters not BS restricted shares
There has been a lot of discussion the last couple weeks about the DTC number of shares going up. The reason it is brought up is traders know that it affects momentum. It is always spun as negative, especially if the trader is trying to pick up cheap shares. You have to know the game. If your long the stock and believe in it's future growth it has no bearing, focus on O/S which in this company is going down, -500 million and is used to value a real company. Traders vs. Longs, what is your focus.
I have made it clear I am a long as others on this board. I don't care about the day to day with MDCE, it's more about the direction of the company, the plan and the growth rate. I trade other stocks based on MOMO, so I get it. The real money is made finding the right company and adding shares while it is cheap and you can get size. Two examples of this concept, TMMI .015 to 2.75 in 2000 over 60 days, ENZC, .0005 to .95 over 6 months in 2021. I was in both and a couple others also. I am getting the same sense with MDCE, and a large move is coming, let's see if the CEO is finally ready to show us why he took over this shell. It sure isn't to be a small auction house.
There are others that are traders and focus on when to take a position and trade the momo. We will be seeing more traders coming to the board as the momo starts with news releases hitting. If your a trader take profits and move on to the next opportunity. If your long buy the dips, as it promises to be a great ride IMO.
GLTAL
WE have all been waiting for Marshall to release all the news. Is it time, he has had a couple false starts.
IMO the canceling of 500 million shares news release starts the momentum.
Should not be long now.
Thanks for the DD you have provided. I hope everyone on the board has paid attention.
You didn’t predict that. You actually never talk about the stock. Just your strange obsession by being like me.
Here is a question. Why would someone with poor intentions say that the held at DTC will top off around 400-450 years years ago when it was in the I think 100 million range? Since you have constantly construed that as a negative even though all it is is old certs from before Marshall took over getting deposited and actually hurts the company, why would I make sure to let people know that?
Oh wait, because every single thing I have ever said was honest. And I haven’t sold a share. So other than being wrong on timing and believing strongly in MDCE and Marshall and putting more money and support into a company than anyone which is simply the company taking longer to succeed than I had thought.
Whereas you have been proven to be a liar way more than one time whether it be about me, calling a good family man like Marshall a scumbag, or the company.
You can follow me around forever but it will only prove what everyone else here already knows. You are a joke and I do what I say. And if they met us both in person it would only confirm that in spades.
It’s really not false. The best chart ever? MDCE is close to its 52 week low…
Easily predicted by my self..
Every single post of his is false and unnecessary so u got to throw in a couple of lines.
lol
It is 400 million lol, and I said 3 years ago it will be 400-450 when it’s said and done because of the old certs of which some were depositable and some were not.
Amazing I knew that so long ago and was dead right. DD has its advantages.
So the real float is 400.
Which is tiny for this company and with a ceo cancelling hundreds of millions
And potentially billions of shares
See that last sentence was not necessary and only fuels the vitriol directed at you.
But I can’t wait for the next PR.
Ohhh, now it will be up to 400-500 million?
The story keeps changing…
Do you not read all the posts? Though can you really trust what you read on iHub?
And I didn’t like it when you said that…but didn’t stop me buying 0.0017-0.002s
You did say that. I remember that.
The float has never changed and if you go back 3 years you will see that I said the held at DTC would end up 400-450 because I am a DD genius and know this company up and down.
And you don’t know anything but that everything about you is smaller than everything about me.
😘😉
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