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Modtech Holdings Inc. (MODTQ)

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Last Post: 5/13/2019 9:55:23 AM - Followers: 24 - Board type: Free - Posts Today: 0


SPI Manufacturing 
SPI Manufacturing was the largest designer, manufacturer and wholesaler of commercial and light industrial modular building structures. In 1998, the company merged with Modtech Holdings Inc. (Nasdaq: MODT), the largest manufacturer of modular, relocatable classrooms. 

If you google Modtech Holdings you come up with: 

Modtech Holdings, Inc. 
2830 Barrett Avenue 
Perris, CA 92571 


If you go to www.Southernmod.com the address listed there is: 

SMI CALIFORNIA 
2830 Barrett Avenue 
Perris, CA 92571 


Southern Mod is a multi million dollar company and they are temporarily leasing the ModTech website and building. 

The property itself is being sold for 6.9 million: 
http://www.loopnet.com/Listing/16389946/2830-Barrett-Ave-Perris-CA/ 

Modtech was still operating as a Debtor in possession in 2008: 
http://la.curbed.com/archives/2008/10/prefab_sad_modtech_holdings_files_chapter_11.php 

It is very clear that something is brewing here behind the scenes. Southern Modular is leasing Modtech's building to possibly figure out the market and to expand. A major question here is if Southern Modular is interested in acquiring this shell. 

Also, according to filings, Modtech had around $40 million in assets and only $34 million in debt. That means the company is cash flow positive. Another reason why COMMONS WILL REMAIN INTACT 

If Southern Modular wants to go public.. what better way to do it with someone elses shell if all conditions are met! 

Also notice on the ModTech main site, that it was last updated in December of 2010. SOMETHING IS BREWING. 

And lastly, if you call the number on the Modtech web site, it forwards you to Global Modular, Inc. another multi million dollar company. Right on Global Modulars website it states: "A Global Diversified Company". Global Diversifieds website is: 

http://www.gdvi.net/ 

GDVI is an OTC stock trading under GDIV.OB: 

Here is an assumption: 

1. I assume GDVI owns Modtechs assets now since the number is forwarding to them..why the heck would you have a old number forwarding to your company if you were not involved somehow IMO... 

2. I assume GDVI owns this shell and shares now..I don't see who else could be in possession of this if they did indeed buy out Modtech...thats my assumption from the fact that Modtechs number is calling Global Modular.. 

3. Likely the best bet for information if they will give it out is to call and or email Global Modular about the matter: 

Global Modular Incorporated 
1200 Airport Rd. • Chowchilla, CA 93610 
Phone: (559) 665-5800 • Fax: (559) 665-5700 • Email: manufacturing@gdvi.net 


So I guess the big question is.. does Global Modular now own this shell? Does Global Modular own the assets of Modtech completely now? Did they buy them out? Why is Modtech's number forwarding to Global Modular? 

A former director says there have been no talks of restructuring commons, which leads to believe they WILL BE INTACT upon emerging from BK with the help of either Global Modular or Southern Modular. 

MODTQ is a low floater with very little eyes, it moves on air. Once the market catches on about all these goodies then we will fly to dimes. 

http://www.gdvi.net 
http://www.globalmodular.net 
http://www.modtech.com 
http://www.southernmodular.com 

Share Structure 
Market Value $43,106 a/o Mar 23, 2011 
Shares Outstanding 21,552,759 a/o Jul 31, 2008

 

 

 

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#896   MODTQ SEC Suspension because of questions regarding the Renee 05/13/19 09:55:23 AM
#895   $MODTQ .003 NOW WOW THIS IS THIN . MONSTAMONEYMOVA 02/06/15 10:16:13 AM
#894   $MODTQ #EARLYALERT filled a few .0013 just in MONSTAMONEYMOVA 02/06/15 09:50:50 AM
#893   Interesting haven't seen this much volume touch this SHOCKWAVE 04/20/13 12:35:59 PM
#892   Can we get some real volume here? Not leandro213 05/23/11 03:45:32 PM
#891   MACD turning, chart looking for reversal. Extremely thin leandro213 04/21/11 12:28:59 PM
#890   MODTQ=Clean shell, no debt, possible R/M with GDIV leandro213 04/08/11 06:24:44 PM
#888   ((MODTQ UPDATED DD COMPILATION)) leandro213 04/06/11 01:05:54 PM
#887   Lol what was that leandro213 04/06/11 11:36:53 AM
#886   Look at this: http://ih.advfn.com/p.php?pid=historical&symbol=MODTQ leandro213 04/06/11 11:06:34 AM
#885   Volume has a tenancy to randomly appear and leandro213 04/06/11 11:04:44 AM
#884   its over now, A group could beststockplay 04/06/11 11:00:33 AM
#883   Where have you been the past 3 months... leandro213 04/06/11 10:51:33 AM
#882   Want To Buy Stock Of Bankrupt Company? beststockplay 04/06/11 10:28:34 AM
#881   that is great news and the nice DD DHANA 04/06/11 10:28:23 AM
#880   MODTQ - QSG*Q STYLE 10 BAGGER FROM HERE leandro213 04/06/11 10:20:28 AM
#879   its dead again ,not looking good here beststockplay 04/06/11 10:19:56 AM
#878   Former director says there have been no talks leandro213 04/06/11 10:14:54 AM
#877   Lol its not filling my buys at the leandro213 04/06/11 09:53:22 AM
#876   Lets go MODTQ leandro213 04/06/11 09:51:09 AM
#871   So is this a clean shell? Are any Founder77 04/03/11 08:38:07 AM
#870   since the start of the second quarter it DHANA 04/01/11 11:20:11 AM
#869   Yes, but can you call from where you samplescave 03/31/11 08:43:55 PM
#868   LOL! This is Dead~ samplescave 03/31/11 04:19:37 PM
#867   If you call the number on the ModTech leandro213 03/31/11 04:19:11 PM
#866   Wouldnt hurt either if the company had better helicon pt-1 03/31/11 04:17:30 PM
#865   MODTQ Undervalued ((COMPILED DD INCLUDED)) Read all leandro213 03/31/11 04:10:43 PM
#864   sample - don't be classless man. Good luck GreenGro 03/31/11 03:12:00 PM
#863   The market cap is so ridiculously tiny right leandro213 03/31/11 02:54:23 PM
#862   Huh? leandro213 03/31/11 02:38:15 PM
#860   Keep it up, we need the exposure! leandro213 03/31/11 02:22:36 PM
#859   ...and down she goes! samplescave 03/31/11 02:21:17 PM
#858   A million volume day would blow this up leandro213 03/31/11 02:13:53 PM
#857   5k share paint :). You are speaking to leandro213 03/31/11 01:45:21 PM
#856   REALLY!?! LOL! This is Going Down! samplescave 03/31/11 01:44:00 PM
#855   Not at all. At least that one has samplescave 03/31/11 01:21:31 PM
#854   Heh he followed me here. I guess I leandro213 03/31/11 01:20:46 PM
#853   Kind of like BU***. Use caution there!!! GreenGro 03/31/11 01:11:49 PM
#852   This doesn't look Good. samplescave 03/31/11 01:05:43 PM
#851   Then do it. leandro213 03/31/11 12:48:42 PM
#850   Need better bid offers... Bronx111 03/31/11 12:35:36 PM
#849   Let's do this, asks are moving up leandro213 03/31/11 11:39:47 AM
#848   Thats right, and only ~850 posts on this leandro213 03/31/11 11:38:11 AM
#847   this is not just another Q stock, this DHANA 03/31/11 11:33:58 AM
#846   and the MERGED one went BK, however continuing DHANA 03/31/11 11:31:33 AM
#845   It means that two of the biggest names leandro213 03/31/11 11:27:26 AM
#844   Probably an old page Babymagic88 03/31/11 11:18:11 AM
#843   Not much detail in this but figured i Babymagic88 03/31/11 11:17:05 AM
#842   Just needs alittle push here and she should go... Bronx111 03/31/11 11:06:59 AM
#841   Cool thing is the company is still operational leandro213 03/31/11 10:48:38 AM
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