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.
PALS: inactive security. FINRA deleted symbol:
https://otce.finra.org/otce/dailyList?viewType=Deletions
PALS SEC Suspension "due to a lack of accurate and adequate public information about the companies because questions have arisen as to their operating status, if any."
https://www.sec.gov/litigation/suspensions/2021/34-92362.pdf
Order:
https://www.sec.gov/litigation/suspensions/2021/34-92362-o.pdf
I think this is a great investment. A lot of potential with this company.
MortgageBrokers.com Holdings, Inc., MBKR, changed to Mopals.com, Inc., MOMO:
http://www.otcbb.com/asp/dailylist_detail.asp?d=04/10/2013&mkt_ctg=OTCBB
I bet this float is under half a mill after the split
Market Value1 $323,460 a/o Nov 18, 2011
Shares Outstanding 1,293,841 a/o Nov 14, 2011
Float Not Available
Authorized Shares Not Available
Par Value 0.0001
market cap is just over 300k...if they start pulling in some positive cashflow...hmmmm :)
Mr. Blizz...why are we always finsing the same ones? Weird
Watching this now after the 1-30 split
dilution only about 8%... no cause for alarm. anything under 100M shares is still low.
During the last year O/S has increased to 43 Million - with dillution I see no reason to invest here at the moment!
Is O/S still 36 Million shares, and what is A/S???
Looks like they're finally profitable. Might be a really big pay-off coming for anyone who held long over the last 2 years. I doubled-down this week. Granted I only own 4,000 shares now, but if they give a good report in August I'll double that and buy another 4,000 more.
I wonder what happened to have a 41 cent trade post and the bid and ask stays at 15 to 20. Believe this comapny will get it together and make some noise.
I'm stuck at .50 average so I'm here for a lomg time. Hope I'm wrong & it pops up but I put too much in it at the start.
Mostly you're right, but I believe this company will be a real company and someday will make money for those who can see the potential.
does't look like anyone posts on this board anymore. Oh well, everyone back to sleep!
Lots of good stocks are taking a beating right now. Look at MLTC. They are break-even, and on a growth plan and you can get their stock for 0.28 and I figure just their book value alone against earnings is 40 cents.
I think this stock is for real. They seem to have a valid business plan with what looks like good results. They seem to be making money even in this real estate meltdown and can only wonder what they will do when the market gets going again. When I get more money, I intend to buy more of this before it takes off. Good luck to all.
They seem undervalued if you compare their earnings to outstanding shares.... why the low price?
3/19/2008 10:24:00 AM TORONTO, March 19, 2008
Mortgagebrokers.com and Remax's Mortgage Referral Program Launch New Website
/PRNewswire-FirstCall via COMTEX/ -- Mortgagebrokers.com (the "Company") announced that its strategic alliance partner Remax Ontario/Atlantic Canada has launched a new website () fully dedicated to its unique and exclusive program with MortgageBrokers.com. Under this partnership any of the 9,000+ RE/Max realtors are encouraged to use the services of MortgageBrokers.com and its rapidly growing national sales team. By participating in this program, the portion of RE/Max sales professional's referral fees will be deposited into a Retirement Savings Account managed by Canada's largest insurance company Manulife Financial ( ). Manulife Financial Corporation trades as 'MFC' on the TSX, NYSE and PSE, and under '0945' on the SEHK. Manulife Financial can be found on the Internet at . In June of 2006, Remax Ontario Inc. and Mortgagebrokers.com consummated their 10 year strategic alliance, which included several RE/Max executives and franchise brokers participating in an equity offering by Mortgagebrokers.com. On June 9th of that year, the Company completed an offering in which it issued a total of 2,112,470 shares of its common stock and a purchase warrant at a price per share of $1.00. Mortgagebrokers.com CEO Alex Haditaghi firmly believes that the Company is on track for sustainable growth and profitability in 2008, "Our business model is unique in that we are operating in a robust Canadian economy and a mortgage/housing industry that has avoided the sub-prime woes of the US market. Because we act only as funding "middle-men" between buyer and seller for residential and commercial mortgage transactions, we have eliminated any type of credit, underwriting or inventory risk on the loans we originate and close. The risk analysis and thus the burden, if any, are borne by the lending institutions. In addition, the Canadian mortgage industry, in general, has had very little interest in risky, sub-prime loans." Haditaghi believes that Mortgagebrokers.com has the right model at the right time: "Our consolidation business plan is very attractive in environments such as we are in today because we can provide small and medium shop broker's access to strategic growth partners such as RE/Max Manulife, Wells Fargo Financial as well making available a larger lender base. This allows the broker to offer more competitive products, increase their brand power and utilize an infrastructure which will allow them to reduce their expenses by providing centralized back office services such as payroll, compliance and marketing". With a current market cap of approximately $3.7 million, Mortgagebrokers.com feels that there exists tremendous potential for investors to participate alongside the Company in the ongoing expansion of its business model. In Haditaghi's opinion, the market value of Mortgagebrokers.com has been affected as a result of the overall weakness in the U.S. mortgage industry. Mortgagebrokers.com common stock is trading at all time low in spite of the fact that the Company has had seven consecutive quarters of revenue growth. Even with the current challenges in the residential and commercial real state market, Mortgagebrokers.com continues to grow and will continue to strive towards its goal of being North America's largest and fastest growing mortgage brokerage firm. This share price does create a great opportunity for current shareholders and future shareholders to be part of a great company that is rapidly growing and has its goals set on being one of North America's largest mortgage brokers. SOURCE MortgageBrokers.com Inc.
Copyright (C) 2008 PR Newswire. All rights reserved
Now how low is this going to go! I'm thinking of selling others to get more here, but then that might be bad to worst or a great move. Time will tell.
Seems like with every P/R the stock drops. I sold some at .35 & thought I made a mistate, wish I'd sold more.
What's up with this stock? Going down quickly. Who's selling and why?
I'm sitting on 3,000 shares. Will add more if earnings come out nice.
I'm in for the long term & expect to see $1.00 on any earninings.
What's your personal opinion? They seem to be making money, but their most recent PR's look like more smoke and mirrors than good promises.
Only the few that own this stock.
This stock seems to have more good news that no one reacts to. Must still be under the radar, but if it keeps adding associates and keeps posting record revenue, someday it will respond and the longs will be rewarded.
record earnings !!!! at 2.3M per quarter x 4 quarters x 3 years gives them a valuation of $0.80 to $0.90 with 38M shares OS. Get in while you can - 40's may be gone for good.
To all:
why is this company not trading today Mon july 16th. Did i miss something.
This company looks interesting. If they can get into the American market then who knows what can happen. It might provide a lot of good brokers with the incentive necessary to open their own shops without having to invest in all the ancillary services necessary to have their own business and they have a built in retirement opportunity..Sounds like a great idea to me.
http://www.pixismedia.net/creports/MBKRreg.pdf
Why are they paying a company thats rumoured to be involved with pump and dump schemes 1.25 million?
MBKR just got in yesterday! Will add more nice volume! GOO MBKR!! :~D
MORTGAGEBROKERS.COM (OTC BB: MBKR, http://finance.yahoo.com/q?s=MBKR.OB)
Mortgagebrokers.com Continues To Expand Its National Sales Channel With the Addition Of Four Experienced Mortgage Originators Mr. Claudio SantaMaria, Ms. Nina Ko, Mr. Shant Kaltakjian and Mr. Nadeem Bassaria contribute an estimated origination book of business of $120.0 million
June 13, 2007-- MortgageBrokers.com Holdings Inc. (OTCBB:MBKR - News) Mortgagebrokers.com continues to sign exclusive revenue licensing agreements with the brightest and the most reputable in the mortgage industry. All four have made the decision to leave their respective organizations, some of the largest financial and brokerage institutions. This is in addition to the numerous press releases sent out over the past few months announcing the tremendous recruitment effort of the company to work towards their goal of $3.4B in funded mortgage transactions. "The consistent pace of which these reputable individuals and companies are joining the MortgageBrokers.com team confirms the strength of our ownership value proposition to the industry," said Alex Haditaghi, Founder and CEO of MortgageBrokers.com. "These partnerships are an essential part of our continued growth" he added.
"Having worked in this industry for the past 10 years, I soon realized there had to be a better business model out there that served the needs of ownership, business growth and exit strategy," said Ms. Nina Ko. "Earning equity ownership for the revenue I generate for the company and access to a market leading Real Estate Company in RE/MAX Ontario-Atlantic were the right combination to drive the next phase of my business" commented Mr. Kaltakjian.
MortgageBrokers.com continues to consolidate the mortgage origination industry through its innovative business model of earning equity ownership in a public company to resolve long standing industry issues.
I have been following this stock for a few months now and this co. is a beast. I'm not trying to pump b/c this is definitely a long term play. I like the aggressiveness that the ceo has and they definitely enjoy putting out pr's. I think the expansion into the U.S. is what will take the pps back up significantly higher but we will see.
I don't like the manipulation but that is the name of the
game sometimes when dealing with shorts.
The low volume yet the drop in pricing is scary how this can be manipulated but money talks and bs walks.
I agree, I can't see this falling much further if at all, then again it is the stock market. The news hear has been good and with good 10q's they'll get the attention they have wanted. Probably a good "long" play hear. A little support @ .51 but in a sym. triangle break that at .64 lots of upside,imo, and that should be easy with such a low float and some volume. But I am still learning the TA thing, so this is a good experience. GL to you dragon.
well imo the bottom has already been reached
the float is low... as with the O/S...considering.
the news is good and the deals are being made.
i'm guessing you figured it out with todays movement. I'll be out for a while and watching for bottom.GLTY
yeah read that... 3-1 cancelled...
still up though... got mine at .40 so wondering if I should hold it longer since they are moving forward.
yep!! They stated that trading volume is sufficient. Crazy imo. Wonder if this was the plan all the time?
so mbkr cancelled the forward split????
On May 8, 2007 the Company notified the NASD that it approved a 3-1 forward split of the Company’s issued and outstanding common stock with a record date of May 24, 2007. On May 21, 2007, the Company notified the NASD that the forward split had been cancelled due to various financial and market considerations.
http://www.pinksheets.com/quote/print_filings.jsp?url=%2Fredirect.asp%3Ffilename%3D0001213900%252D07...