Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Mogul Energy International (Ticker: MGUY) Announces Strategic Uplisting Plan for 2024 https://www.globenewswire.com/news-release/2023/10/17/2761531/0/en/Mogul-Energy-International-Ticker-MGUY-Announces-Strategic-Uplisting-Plan-for-2024.html
$MGUY
Additionally, this strategic advancement will empower Mogul Energy to tap into public markets on a higher exchange, ultimately bolstering its capacity to expand its fleet and harness market dynamics through proprietary initiatives. Koubi also underscores the anticipated amplification of the company's visibility and reputation consequent to being listed on a higher exchange.
Mogul Energy anticipates that this uplisting will garner the attention of institutional investors, including brokerage firms, mutual funds, and pension funds, whose mandates or investment guidelines may limit their involvement with companies listed on smaller exchanges. Koubi is optimistic that this strategic move will render the company more attractive to investors of varying sizes and will facilitate access to more accessible capital markets.
Koubi further affirms, "This milestone attests to our financial discipline, operational prowess, and steadfast commitment to our valued shareholders. The concurrent reduction of debt on our balance sheet and the modernization of our fleet are set to exert profound positive effects on our ability to uplist to a higher exchange."
Uplisting to a senior exchange stands as a momentous achievement for Mogul Energy International, reflecting the company's unwavering dedication to augmenting shareholder value and expanding its market footprint. By reinforcing its financial underpinnings, the company is strategically positioning itself for sustainable growth and seizing augmented prospects in the highly competitive trucking industry.
Ronen Koubi, CEO of Mogul Energy, emphasizes the significance of this partnership, stating, "Our association with Turner Stone & Company signifies our resolute commitment to uphold the highest standards of transparency and precision in the auditing of Mogul Energy International's financial statements. This collaborative effort, uniting several entities under a singular roof, underscores our dedication to consolidating our assets with a vision of delivering shareholder value from the very outset. The intricacies of this process have been meticulously navigated to ensure success within the financial markets."
The company has officially engaged the services of Turner Stone & Company, commencing this partnership on April 1, 2024. The primary objective of this collaboration is to underscore Mogul Energy International's unwavering commitment to enhancing shareholder value and fostering closer engagement with the investing community.
Mogul Energy International, a prominent figure in the energy and transportation sector, with a primary focus on transportation, logistics, warehouse consolidation, and distribution services for perishable and time-sensitive cargo, is pleased to announce its strategic intent to uplist to a higher exchange in 2024.
Solid news!!! Just what we need
NEWS OUT: Mogul Energy International (Ticker: MGUY) Announces Strategic Uplisting Plan for 2024
Mogul Energy International
Tue, October 17, 2023 at 8:40 AM EDT
In this article:
MGUY
+46.67%
Watchlist
Watchlist
MIAMI, Oct. 17, 2023 (GLOBE NEWSWIRE) -- Mogul Energy International, a prominent figure in the energy and transportation sector, with a primary focus on transportation, logistics, warehouse consolidation, and distribution services for perishable and time-sensitive cargo, is pleased to announce its strategic intent to uplist to a higher exchange in 2024.
The company has officially engaged the services of Turner Stone & Company, commencing this partnership on April 1, 2024. The primary objective of this collaboration is to underscore Mogul Energy International's unwavering commitment to enhancing shareholder value and fostering closer engagement with the investing community.
Ronen Koubi, CEO of Mogul Energy, emphasizes the significance of this partnership, stating, "Our association with Turner Stone & Company signifies our resolute commitment to uphold the highest standards of transparency and precision in the auditing of Mogul Energy International's financial statements. This collaborative effort, uniting several entities under a singular roof, underscores our dedication to consolidating our assets with a vision of delivering shareholder value from the very outset. The intricacies of this process have been meticulously navigated to ensure success within the financial markets."
Uplisting to a senior exchange stands as a momentous achievement for Mogul Energy International, reflecting the company's unwavering dedication to augmenting shareholder value and expanding its market footprint. By reinforcing its financial underpinnings, the company is strategically positioning itself for sustainable growth and seizing augmented prospects in the highly competitive trucking industry.
Koubi further affirms, "This milestone attests to our financial discipline, operational prowess, and steadfast commitment to our valued shareholders. The concurrent reduction of debt on our balance sheet and the modernization of our fleet are set to exert profound positive effects on our ability to uplist to a higher exchange."
Mogul Energy anticipates that this uplisting will garner the attention of institutional investors, including brokerage firms, mutual funds, and pension funds, whose mandates or investment guidelines may limit their involvement with companies listed on smaller exchanges. Koubi is optimistic that this strategic move will render the company more attractive to investors of varying sizes and will facilitate access to more accessible capital markets.
Additionally, this strategic advancement will empower Mogul Energy to tap into public markets on a higher exchange, ultimately bolstering its capacity to expand its fleet and harness market dynamics through proprietary initiatives. Koubi also underscores the anticipated amplification of the company's visibility and reputation consequent to being listed on a higher exchange.
About: Mogul Energy International, Inc.
Mogul Energy International, Inc., through its subsidiaries, provides transportation, logistics, and warehouse consolidation and distribution services for perishable and other time and temperature sensitive type of cargo. It offers refrigerated long haul, regional, and dedicated deliveries for industries that include floral, produce, plants, dairy, poultry, and meats, as well as dry high value commodities.
https://www.floridabeauty.com
info@floridabeauty.us
Safe Harbor Statement
This release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Act of 1934 that are based upon current expectations or beliefs, as well as a number of assumptions about future events. Although we believe that the expectations and assumptions upon which they are based are reasonable, we can give no assurance that such expectations and assumptions will prove to have been correct. Some of these uncertainties include, without limitation, the company's ability to perform under existing contracts or to procure future contracts. The reader is cautioned not to put undue reliance on these forward-looking statements, as these statements are subject to numerous factors and uncertainties, including without limitation, successful implementation of our business strategy and competition, any of which may cause actual results to differ materially from those described in the statements. We undertake no obligation and do not intend to update, revise or otherwise publicly release any revisions to these forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of any unanticipated events. Although we believe that our expectations are based on reasonable assumptions, we can give no assurance that our expectations will materialize. Many factors could cause actual results to differ materially from our forward-looking statements.
Contact:
Ronen Koubi
305-503-2553
info@floridabeauty.us
$MGUY has an opportunity here to breakout if it gets above .04 today
Bullish for sure
This chart is ready Crypto
"The reduction in debt is universally acknowledged as a commendable strategic move, diminishing risk, fortifying financial stability, and holding the promise of bolstered profitability and heightened shareholder value. We anticipate these measures will generate an upward trajectory as we advance through 2024." $MGUY CEO
A close in the .04s would be beautiful today $
Looking strong $
Looks like it's coming
hope they keep the mo going
strong trading day yes
bullish candle yesterday
More updates you think?
More upside today?
It is a good target
Could say that again! $$ shaping up to an epic week!
NEWS: Today's PR as MGUY - Mogul Energy International Inc. (Ticker: MGUY) Unveils Aggressive Cost-Cutting Initiatives to Benefit Shareholders
October, 16 2023 08:40 AM | GlobeNewswire |
MIAMI, Oct. 16, 2023 (GLOBE NEWSWIRE) -- Mogul Energy International, a distinguished leader in the energy and transportation sector, specializing in transportation, logistics, warehouse consolidation, and distribution services for perishable and time-sensitive cargo, is thrilled to announce significant strides in its strategic endeavor to expedite strengthening its balance sheet in Q1 2024, surpassing its initial objectives originally slated for the latter half of 2024.
Leveraging our inflationary models, we have adeptly mitigated elevated operational expenditures, encompassing the costs associated with trucks and trailers. CEO and Founder Ronen Koubi confidently remarks, "Mogul Energy boasts longstanding contracts resilient even in economic downturns. In fact, we anticipate growth across various segments of our business, with expectations of energy cost reductions in the latter part of the year."
Central to Mogul Energy's Q1 cost-cutting initiatives was a commitment to minimizing short-term price adjustments through our inflationary models. Koubi emphasizes that these short-term concessions are an investment in our long-term prosperity, steering clear of actions that could alienate existing customers during economically challenging periods. "We maintain our unwavering commitment to integrity while focusing on higher-margin divisions, such as our refrigerated warehouses."
These resolute efforts have resulted in a notable $3,000,000 reduction in debt, a development set to directly benefit the organization and its valued shareholders. Koubi, at the helm of Mogul Energy International, underscores this achievement by stating, "Our dedication to enhancing our company's financial standing and creating value for our shareholders is resolute. The reduction of over $3,000,000 in debt marks a pivotal milestone in delivering optimal returns to our shareholders."
Moreover, the debt reduction has catalyzed Mogul Energy's expansion, as previously revealed. The company is presently in the process of augmenting its fleet through the acquisition of 40 trucks, both as a partial upgrade and replacement of older models, ushering in a more efficient and eco-friendly era.
Koubi concludes, "The reduction in debt is universally acknowledged as a commendable strategic move, diminishing risk, fortifying financial stability, and holding the promise of bolstered profitability and heightened shareholder value. We anticipate these measures will generate an upward trajectory as we advance through 2024."
About: Mogul Energy International, Inc.
Mogul Energy International, Inc., through its subsidiaries, provides transportation, logistics, and warehouse consolidation and distribution services for perishable and other time and temperature sensitive type of cargo. It offers refrigerated long haul, regional, and dedicated deliveries for industries that include floral, produce, plants, dairy, poultry, and meats, as well as dry high value commodities.
https://www.floridabeauty.com
info@floridabeauty.us
Safe Harbor Statement
This release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Act of 1934 that are based upon current expectations or beliefs, as well as a number of assumptions about future events. Although we believe that the expectations and assumptions upon which they are based are reasonable, we can give no assurance that such expectations and assumptions will prove to have been correct. Some of these uncertainties include, without limitation, the company's ability to perform under existing contracts or to procure future contracts. The reader is cautioned not to put undue reliance on these forward-looking statements, as these statements are subject to numerous factors and uncertainties, including without limitation, successful implementation of our business strategy and competition, any of which may cause actual results to differ materially from those described in the statements. We undertake no obligation and do not intend to update, revise or otherwise publicly release any revisions to these forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of any unanticipated events. Although we believe that our expectations are based on reasonable assumptions, we can give no assurance that our expectations will materialize. Many factors could cause actual results to differ materially from our forward-looking statements.
Contact:
Ronen Koubi
305-503-2553
info@floridabeauty.us
whatever it was its workin today
strong day good SS, more?
beautiful candle
Consolidating right here getting ready for that EOD move
Followers
|
32
|
Posters
|
|
Posts (Today)
|
0
|
Posts (Total)
|
1524
|
Created
|
03/05/08
|
Type
|
Free
|
Moderators |
Reverse Merger Play with 7M Float and 40M O/S registered in Delaware
No Debt
Clean Balance Sheet
UPDATED SHARE STRUCTURE INFO (From OTC Markets webpage)
http://www.stockta.com/cgi-bin/analysis.pl?symb=MGUY&num1=1&cobrand=&mode=stock
http://www.stockscores.com/quickreport.asp?ticker=MGUY&rtype=small ------ with Dover Petroleum Corp (DVPC)
http://stockcharts.com/c-sc/sc?s=mguy
http://www.barchart.com/quotes/stocks/MGUY
Volume | |
Day Range: | |
Bid Price | |
Ask Price | |
Last Trade Time: |