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This could be interesting. Wonder who they are targeting in particular ...
Monar Targets Acquisition Candidates in the Transportation Services Industry
Monar International Inc. (OTCQB: MNAI) is proud to announce that with its recent share restructuring being completed it is implementing a new strategic direction to identify acquisition candidates in transportation services,primarily in the US market. Targeted sectors include services such as auto/vehicle transport,drive away services,fleet management,etc. Currently Monar has identified several acquisition prospects,all with years of operating history and revenues.
"We are extremely pleased to announce this Strategic Development and believe that current conditions in the transportation services industry make it an opportune time for Monar to focus on consolidating businesses within this sector,which in turn would bring additional value to our shareholders," said Robert Clarke, President and CEO at Monar International.
About Monar International
Monar International Inc. is developing energy technologies and transportation services in various markets. The company was incorporated in 2009.
Forward Looking Statements
This release contains statements that ap
Interesting email from pennystockprediction.com received at 6pm EST...
TODAY'S PICK IS:MNAI
Good Afternoon Traders,
We have a simple formula for finding what we call our "market freaks". These are stocks that have an underlying stock structure that allows for extraordinary percentage price movement once some kind of initial momentum is established.
The best stocks for this type of profile are often very thin and basically unknown.
We spend a lot of our time searching far and wide to find these opportunities. But we seldom find them. They are considered the diamonds in the rough in the penny stock world.
Long story short... they're really hard to find.
Keep your chin up because we have great news for you. We have found another one of our so called Market Freaks
Introducing Monar International, Inc
Symbol: MNAI
Quote: http://finance.yahoo.com/q?s=MNAI&ql=1
Latest News: http://finance.yahoo.com/q/h?s=MNAI+Headlines
Our Newest Monster Squeeze Candidate:
Monar International Inc. (OTCBB:MNAI)
Okay, first, about the company:
Ostensibly, MNAI was previously tethered to alternative energy. But the company just filed an 8K with the SEC with the item announcing the completion of a restructuring of the company's equity to allow for an immediate acquisition in the transportation industry.
This is no doubt a strategy to serve two purposes: First, the obvious one, which is to build their business and increase shareholder value by effective allocation of capital and resources.
And if they are set to emerge with a hot hand in the transportation space, then that may be enough (and probably is) to be involved here on the long side of the stock, which should become much more liquid and reflect this new direction.
Now for the part that REALLY matters to us:
The second purpose of this strategy is that the company is bubbling up into a holding play to acquire legitimacy, stave off delisting risk, and increase share price SIGNIFICANTLY through constricting the float.
It's something like a reverse merger situation, because the ticker "MNAI" is probably about to refer to a transportation company with a substantial increase in tangible assets under the hood.
This implies a few things, but ALL OF THEM ARE EXTREMELY BULLISH.
The ownership at top tier is reorganizing its financial cap table to make room for a new company. But there is obviously other capital at work here, or this 8k wouldn't make any sense without an offering filing.
So, long story short, it's another Pro's play here guys, but we will try to explain as well as we can.
There are 44 owners of the stock on record.
They just told us they are NOT selling. And since this 8K was not accompanied by a share offering announcement, the capitalization is not going to change.
That wraps it up for the float, which is now effectively eliminated in practice.
The ticker MNAI will suddenly refer to a company with revenues, major headline potential, legitimacy, no float, and a much higher price.
This is a lot of inside baseball but the long and the short of the situation is as follows:
Trading in the stock was already thin. But before this filing, the stock acted like it had a decent float, which could make it heavy on any positive announcements (because in a stock trading at this type of price, it is always the large holders that stop momentum and create the float).
But we know who the owners are, and we know they are now in the business of becoming essentially another company within the structure of Monar International.
We can also infer, given the wording of the 8K that they may have been concerned about a delisting in the future (which will now no longer be a concern after this coming event).
That means any buying (any at all) on the secondary market for MNAI should simply push the price of the stock higher, possibly by large leaps.
Provided they plan to actually follow through with the implications of this filing, then the following series of events should play out:
MNAI will become extremely light, and increasingly likely to float up through a vacuum.
MNAI standing short interest will probably try to hold on, but it will be tough, and short covering may occur quickly (aggressive buying by those who were betting on the eventual bankruptcy, delisting, or death of the company).
MNAI investor relations and management will embark on a series of PR announcements as the company moves into partnership or ownership in the transportation sector. As stated in the filing:
" Targeted sectors include services such as auto/vehicle transport, drive away services, fleet management, etc. Currently Monar has identified several acquisition prospects, all with years of operating history and revenues."
When an acquisition occurs, anyone betting on downward movement due to inactivity of the company will be forced to cover as well, and insiders and owners of record will continue to aggressively acquire increasing stakes.
And you can make a gargantuan return if you get involved as this process takes root.
Have fun, enjoy the ride, and don't spend it all in one place!
Best regards,
PSP EDITOR
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Check out there great website!!!
http://monarinc.com/
Yeah, I forgot about the Split. It'll be interesting to see where the SP goes from here. But the Market Cap is still out of sight.
MNAI Market Cap: $25,920,000
ECOS Market Cap: $ 212,620
And MNAI is dependent on ECOS for fuel distribution contracts.
LOL..guess you missed the 4 for 1 stock split effective today.
Shares Outstanding 239,000,000 a/o Aug 07, 2013
http://ih.advfn.com/p.php?pid=nmona&article=58708853&symbol=MNAI
From .50 to .10 just like that. Anyone surprised? Gotta believe it's someone who bought it at .05 and doubled his money. But will the suckers who bought in at .10-.50 please step forward.
This seems to be some sort of elaborate stock scam. $74 in Assets, $219,732 in Liabilities and a $25.9 million Market Cap with the stock a .40. The company has never produced a dime in revenues and it's been bid up to a ridiculous $25.9 million valuation. The company is nothing more than a distributor offshoot of ECOS run by Michael Siegel's cronies.
The CEO of MONAR sold 5 million shares of stock @.05 on July 8, 2013. I came across this info doing a SEC Transaction Search in my TD Ameritrade Acct. I have no idea who the shares were sold to. But it's interesting that the SP has traded up to .40 in recent days.
Scheduled Ex-Dividend
Date: 07/31/2013 @ 8:00PM
Source: OTC Markets
Wed, Jul 31, 2013 08:00 - Monar International, Inc. (MNAI: OTCQB) - Scheduled Ex-Dividend - Monar International, Inc. has announced a dividend ex-date for (MNAI: OTCQB). Monar International, Inc. is scheduled to disburse a Stock Dividend/Split dividend of 4 shares on Wed, Aug 07, 2013 to shareholders of MNAI. You may find a complete list of dividends at otcmarkets.com.
QUESTION IS: WHAT DOES THIS MEAN FOR THE ECOS RELATIONSHIP GOING FORWARD?
One thing I do wonder about is who knew this before the information
was released to the public and acted on that with a buy? Or was
the information released earlier and it just took another 7 hours
for it to post on Ihub. Not a big buy in any case. Just interesting.
Actually, it looks like the first action. Certainly nothing shows on
stockcharts.com or on my Scottrade account. An activation order?
Have to dig deeper. Always looking for conspiracy! LOL
Monar Intl (MNAI)
0.148 UP 0.098 (196.00%)
Volume: 10,000 @ 1:02:44 PM ET
PEOPLE DO AMAZING THINGS ALL THE TIME
.
Hey johnny! let's make it 6 followers and many more to come, i hope.
Oh my, the learning curve.........
MNAI and ECOS are evidently dancing to the music.
I suspect that good things are in the tune.
GO FIGURE!
Monar Intl (MNAI)
0.148 UP 0.098 (196.00%)
Volume: 10,000 @ 1:02:44 PM ET
Bid Ask Day's Range
0.15 0.25 0.148 - 0.148
Tell you the truth I really follow the momo plays but if this blows up ill give it a look. Have it in my watchlist for a couple months now. Hopefully something will give.
8K...09/05/12, re: LOI w/Gravity Collection Inc.,
http://www.sec.gov/Archives/edgar/data/1470719/000100201412000483/mnai8k-9052012.htm
Item 8.01, Other events
On August 31, 2012, we announced we had entered into an agreement (non-binding Letter of Intent) with Gravity Collection Inc. On September 3, 2012, we were advised by Gravity Collection, Inc., that it was terminating the foregoing Letter of Intent.
08/31/12...Monar International Inc. to Acquire Forthcoming Action Sports Network Gravity Collection,
http://ih.advfn.com/p.php?pid=nmona&article=54014226&symbol=MNAI
detail...
Monar International Inc., (OTCBB:MNAI) today announced an agreement to acquire Denver-based multimedia company Gravity Collection Inc.
The new entity will operate as the Gravity Collection Extreme Sports Channel and be led by media veterans Harry S. Vested, Jr. and ESPN founding Chairman Stuart Evey.
Gravity Collection is expected to launch its extreme sports network in 23 countries worldwide, with the capability to reach 68 million homes, on October 1, 2012, delivering content including skiing, surfing, snowboarding, rock climbing, kayaking, windsurfing, motocross, mountain biking and other popular extreme sports.
"Our access to the public market will enable the company to raise the capital necessary to accelerate the actualization of our business plan and establish value for our stakeholders," said Bill LeGan, Gravity's senior vice president of business development. "The reaction to our plan has been very positive in both the media and financial quarters and, assisted by our elite management, directors and advisory board, we're projecting to achieve and probably surpass our already aggressive growth plan."
Gravity's U.S. content strategy employs multiple channels to reach viewers consistent with how they access content, including a cable television channel, free and paid video-on-demand channels, Internet TV, online streaming channel and a mobile application.
Gravity's content breadth will include feature films, documentary and television series - all aimed at family viewing in the action and extreme sports category.
Closing will be subject to satisfactory due diligence by Monar, preparation of U.S. GAAP financials of Gravity, and the entry into a formal agreement. At closing, Gravity's management will assume total management of Monar and a majority of directors of Monar will be directors nominated by Gravity.
...
http://www.sec.gov/Archives/edgar/data/1470719/000100201412000472/exh99-1.htm
8K received 04/10/2012, pr 04/11,
http://www.otcmarkets.com/stock/MNAI/financials
http://www.otcmarkets.com/stock/MNAI/news
200kVOL@.50 last
http://ih.advfn.com/p.php?pid=historical&symbol=mnai
news/8k this morn Kmz~ hope you are well
:)
MNAI ~ 153kVOLchange...noted,
.55 last
http://ih.advfn.com/p.php?pid=historical&symbol=mnai
Eye,
Is it possible? I see that the rabbits are running around together again. Juan, the rabbit herder, is trying to keep them separated. Because as Bugs Bunny said about math.....
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