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Question now is, what happens to the stock?
This is between Jan to July 2007, not 2008. There was stuff out before on this.
I still see that a game was played also during Nov/Dec 2007 and Jan 2008 because they claimed to be reducing shares, then 1 or 2 months later they put those shares back onto the market and NEVER would answer the phone!
Well that's just Great!
I kinda suspected something like this. From the chart it looks like it happened right at the end of January.
So the only way these two perps can vindicate themselves is to actually make gobs of money with their service/product and make the company successful. And the PPS goes up and we're all happy again-- except for the SEC.
Otherwise, they go off to the grey-bar hotel. Good riddance!
bbd
a few mil only they sold?lol..so which past prs were real then is what i wanna know?And isnt Mora ceo?
Hey I guess considering pps here at least thats better than a halt lol.Who knows maybe some new people come into this and potentially fix it.
"Luck is a matter of preparation meeting opportunity."
My Ihub board link:
#board-5966
LOL, imagine that.
I Wish They Would Do More Of That
.... but it sends a very strong message.
fringe
MRDY NEWS!!!...
http://www.sec.gov/litigation/litreleases/2008/lr20644.htm
"U.S. SECURITIES AND EXCHANGE COMMISSION
Litigation Release No. 20644 / July 14, 2008
SEC v. Mobile Ready Entertainment Corp., Michael H. Magolnick and Craig A. Mora, Case No. 1:08-CV-2263, (Northern District of Georgia (Atlanta Division)
SEC Charges Co-CEOs of Mobile Phone Marketing Company with "Pump and Dump" Stock Fraud
The Securities and Exchange Commission (Commission) today announced the filing of a civil action in the United States District Court for the Northern District of Georgia against Mobile Ready Entertainment Corp. (Mobile Ready) and its former co-chief executive officers Michael H. Magolnick (Magolnick) and Craig A. Mora (Mora). The Commission alleges that, between January and July 2007, Magolnick and Mora, acting through Mobile Ready, created artificial demand for Mobile Ready stock through the issuance of false and misleading press releases that contained baseless revenue projections and identified contracts for future business that did not exist. These false and misleading press releases inflated the per share price and trading volume of Mobile Ready. The complaint alleges that Magolnick and Mora thereafter made additional false statements in efforts to obtain unfounded legal opinion letters supporting their sales of Mobile Ready shares, which were not freely tradable. As a result of their efforts to artificially inflate the market for Mobile Ready stock and their obtaining baseless legal opinions supporting their sales, Magolnick and Mora sold personal holdings of more than 2 million restricted shares each.
The Commission alleges that, by their misconduct, defendants violated Section 10(b) of the Securities Exchange Act of 1934 and Rule 10b-5 thereunder, and that Magolnick and Mora further violated Sections 5(a) and 5(c) of the Securities Act of 1933. The Commission seeks against the defendants permanent injunctive relief, and, with respect to Magolnick and Mora, an accounting, disgorgement of ill-gotten gains plus prejudgment interest, civil penalties, and penny-stock and officer-director bars.
http://www.sec.gov/litigation/complaints/2008/comp20644.pdf
Flatsixer
Well, at least AmericanBulls has called it right.
Current status: BUY-IF
Our system posted a BUY-IF today. The previous SELL recommendation was issued on 03.10.2008 (119) days ago, when the stock price was 0.0007. Since then MRDY has fallen -57.14% .
Today a Four Price Doji was formed. It represents complete and total uncertainty in the market direction.
The last two candlesticks formed a Bullish Harami Cross Pattern. This is a bullish reversal pattern that marks a potential change in trend. However, its reliability is not very high and it requires confirmation.
bbd
Need some updates here.
GM!)Would be nice lets go!))eom
Finally some volume, lets see what next week brings
now if we can jus get a update.. then POP outta trips ideally hehe.)
nice volume on MRDY today up 100% I'm holding~
Waking!0007s hit!
nice move for 12million shares.. we need some more vol.
yah geesh surprised no response to emails either..Still not many trip 0 subs out there though with this small a float..so any news outta nowhere and i still believe greenmagic can occur if they get off their behinds!
I'm guessing that no one has heard anything from these people yet. Nice to see they are thinking of the shareholders.LOL
not as of few days ago will check in a bit..eom
Morning bud, any response to your email to the company?
GM all gettin better bid support this morn..eom
Yep, PR is way overdue. There has to be something the company can update the shareholders with. Damn!
0004x0005 nite buyin looks like..Uted from 3x4 at open next up 0007s.Jus needs a friggen pr!!DF
HEY KEEP ME UP TO DATE ON THIS ONE, I WILL BE WATCHING WHEN I CAN, BUT YOU KNOW WORK KEEPS ME GOING. JUST LET ME KNOW WHAT YOU THINK.
cheapies avail now imo from etrd..
keep it here for a bit longer and im scoopin multi mils stead of peanuts if company responds to my email or finally comes out with pr.DF
need a pr then $%...come on company!!!eom
waiting for this to bottom out..
Anyone sittin at 3 or 4?) Bring um!Quiet time can turn to greenmagic outta nowhere imo.Jus needs that pr here to get it goin!Seems to be my life story in otcland lately lol.I can wait either way and will take advan.DF
yup jus wanna see a pr so im waitin for somethin here soon!em
we seem to have more mysterious action again. someone is buying...
not i says me..someone is love to see a pr outta nowhere here asap!
Supposedly, they still have a share buy-back program in effect.
And bye the way, the forum IBox STILL has not been updated with the latest share count figures as posted on their web site.
The O/S is 398M and NOT 410M.
who keeps buying shares? anyone here bought today? if not - you know it's the company or insiders... nobody else knows about this company besides us and the company.
Either way OS is right for a move north imo if company gets it goin soon!))DF
lol im not gettin into it with ya
you can say and think what you want and continue to place blame.Otcs arent for the faint of heart and one can be pumped up one day and in the cellar the next.Not to mention noone can predict what and when these companies do and surely noone can predict if a company is goin to have prs and action growing then nothin for months like MRDY did.Heck and i bet if this moved to 002 or more you would still be blaming others here even though you in green lol.First off most came here back then when prs hit and pps was in trips so i know that as for me i KNEW what the possibilities were BOTH WAYS before I got here which is what all should do.Secondly yes most peops look for potential and back in january with pps moves off bottoms some of us did and still do believe in the potential hence coming here.One has to learn to play or get played or like me when i buy a lotto if it moves cool if it doesnt o well thats life and next or patiently waiting!Not anyone heres fault that the company hasnt been attracting interest via prs or whatnot recently but thats part of the game in these types and if we had a crystal ball noone would ever take Ls.Comes down to ones of strategies and outlooks and if you cant refine those and make adjustments along the way then negative thinkin one will forever be dwelling in and that dont get anyone anywhere north!Im done with you dont talk to me anymore as you obviously have bones to pick and have to place blame again and im not cool with that so later and good luck in whatever you do.
"Luck is a matter of preparation meeting opportunity."
My Ihub board link:
#board-5966
FOR SALE 25th ANNIV 5.0
DFLY, I think I understand you logic.
If I walk into a bank to make a large deposit. And in comes a masked man with a gun who robs me, don't blame the robber, because it was MY CHOICE to enter the bank.
The fact is I am not blaming anybody. I am only identifying the CAUSE AND EFFECT relationships involved. These penny stocks are pumped like crazy by certain groups. When they show up that is what happens.
For a good current example just check out LTDI. This billion-share O/S company makes really large powerful luxury racer type boats that cost $2500 to fill the gas tank. This is in the face of our current gas crisis. The ONLY way that stock will move is by pumping and hyping. And that's exactly what's going on over on that IHub forum.
You keep trying tell me that I made a "mistake" in buying this stock. That is just another way of you saying that YOU made NO MISTAKE in pumping and hyping this stock way beyond its true value back in January. Which you surely did.
You just keep bringing up the topic and we will continue to revisit it, and expose YOUR part in this drama. So I think it would be very good for you to let your guilt feelings flow out onto this forum. So bring it on!
bbd
you and me both need a nice longgggg vacation lol..eom
whatever people were PUMPED up back then when GOOD NEWS was rolling out then..DONT blame others for YOUR mistakes and mishaps all im sayin!!I dont seem to remember anyone ever tellin YOU to buy anything but hey whatever works as your scapegoat i guess.Good day and GL!
"Luck is a matter of preparation meeting opportunity."
My Ihub board link:
#board-5966
FOR SALE 25th ANNIV 5.0
No problem!
Best of luck and I REALLY feel that this stock will move upward again! Just think of it this way, they look for 12% a year rise in DOW and NASDAQ stocks. So each .0001 movement is that. Holding for down the road profit is VERY possible when looking at it that way!
VERY hard to get in and make $$$ on the quick pop all day long!
MRDY is floating around these prices, if it breaks .0008, new interest will come in.
DD OUT!
Dollardoug, OK, Sorry! I apologise.
I am just a little upset these days over the sad condition of my portfolio. It serves me right for following these forums and listening to the remarks of the obvious pumpers. And NEVER buy into a rally!
I need a vacation!
bbd
LOL~ Doug, you crazy man....heheheeeee
I guess this will get me in trouble,:) but that is why I'm still holding. It has the chance to RUN!!!!!! UP!!!!!! If it makes anyone feel better, when I done here tonight, I'll go stand on my front porch and yell at everyone driving by to be careful if they buy the stock MRDY!:) :) :)
If you really think about ALL STOCKS, it all comes down to how many people are wanting to BUY or SELL which moves the stock. It's not like we buy a stock so the next day we can show up and run the company. (LOL) BUT, yes BUT If you need to find someone to tell you to buy or sell, you should not be trading on your own!
I better quit drinking tonight, I may be in trouble!!!
DD OUT!
I agree 100% Doug~ One can only blame his/herself for ones own position taken anywhere imo. Still MRDY is the best kept tripZerogem imo.GLTA
The only person he should be agree at is the company.
They run the PR's, not people here! It is not people here that tell the company to stay quiet or push out a PR. But when no NEW shares have hit the market, the company does have a nice product, WHY NOT ride the wave if it comes. You don't have to marry the STOCK! JUST try to make money on it.
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