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Larry will we be current this week?
I'm not sure what you are talking about !! Next Week ?? LOL
Like “maybe next week” ??? LOL
I'm still staying positive on MVNT. This is going to Rock one day !! Hopefully Sooner Than Later !!
Q2 revenue down 90% YOY. Does that sound better?
LOL
It was a paint down
Funny how "Down 30%" sounds very sky-is-falling.
Yet, a single $40. trade (what actually happened) doesn't even register as an event.
For a little more than $1,000 you can buy 100,000 shares in MVNT that in a year or two could be worth north of $100,000 bucks
$.0105, Down 30%. Great start today.
Go MVNT 2025.
This whole industry has been under assault by the current anti fossil fuel administration.
This November could be the turning point,hopefully
DJT/24
I'm of the same opinion. This has never had even an attempt by ownership to pump the stock, zero other games like issuing tons of shares or dilutive financing. The family that owns the company has sunk their own money into it and has kept their mouth shut about what they are doing. Also, they put their family and friends in it and haven't diluted their friends or family members - so I'm guessing they still want to deliver for those people in a big way.
and I think they don't care because they're boiling up for a buyout somewhere down the road.
Show me another OTC stock that's been in business for 19 years, has no convertible debt. The only debt owed by MVNT is the money back to LTN. Has real revenues. Has impressive IOT proprietary software being installed in a 122 Billion dollar company. All the while, never pumping and never dumping.
What's going on here is not your typical OTC play. My guess is the attorney letter will show up in a couple of months which at that time 3/31 will be past due. Maybe they'll suprise us by actually doing something on time, but past history isn't favorable. They don't care what the stock price is. That's why I'm staying.
Ain't no doubt, this thing has reached critical mass for everybody that has a stake in it. It's crazy.
yada yada yada, 5 years and counting
MVNT - With one PR, this should run hard!!!
100% 20240508|MVNT|2000|0|2000|O Bastards shorted 30$'s worth of stock today. LOL This proves the ask is all fake. Just like the 017's were. there's nothing for sale.
Can hardly wait to see todays Short volume LOL
Up 14.5% on 2000 shares. LOL That's thin
Be careful with your Light Saber
Well, if you're swinging, you'll never be alone...good to have a positive in your life!!!
Hope is many times misplaced. Mine was for sure.
I'm slowly swinging to the "dark side" like FMDK. lol
You just figured that out…LOL
Dead money here, until some better news released.
Sorry but I have to change my sentiment indicator to bearish.
20240507|MVNT|72200|0|117900|O
Good point. It's like they discuss this at the Sushi Bar and keep putting off pulling the trigger.
It seems they're trying to do something with the reporting, then run out of time and just ship the basic. Still hoping they figure it out and finally merge other subsidiary financials into the reports. I believe this is what perpetually causes the delays, that they want to do it right. But in the meantime, we're stuck looking at fins that don't represent the whole company.
Sells then a paint
It’s the IOT platform that demands a buyout. One q I do have is WTF took so long to complete this anemic filing LOL imagine if they had any real revenues
Nobody's going to pay big money for HiAlloy alone.
If they are really considering a buyout from someone, they will first have to merge with one or more companies to have substantial combined revenues.
I believe that was the plan 5 years ago but I'm not sure that is still their plan. Good to see though that some folks are still thinking about this.
Thanks for your opinion.
More and more I am believing that a buyout is the plan for MVNT management, which is why they're not too concerned with the stock price.
And on a positive note. We have finally arrivied at a definition of "finalizing" Two months. :)
LOL. No wonder you wanna hook up with Coco!
Get current, file 3/31’s, release projections,. Pretty simple. Following through (well actually all the above) seems to be a hardship. It can be done though.
That's because most of us here are expecting great things from them and when fluff hits it's a real downer...But things will turn around when we least expect it !!! Hang in there !! GO $MVNT
I won't sell my shares, but I will admit, the days after a fluffy post are always a little depressing.
All they have to do is put some meat on the bun
Ask is looking thinner so far !!
My divorce took 2-1/2 years
50/50 SUPER BOOM or BUST
My monies on BOOMAGE….could be the last chance for shares under .119
It's been 5 years. What makes you think they will acquire anything now?
Looks like they have about 520K in accounts receivable, pg 23. I believe the drop in revs is because they concentrated on other ventures in 2023, those mentioned on twitter. Just don't understand why they're not in the basic fins they posted. The IoT and workstations don't fall under Hi-Alloy valve type work, so when will the other stuff finally get folded in officially? They clearly want to, this is why they continue to show it all on twitter.
My only thought is they want to get current again before they announce any of the new ventures. Really hope they finally give color as to what part of the company is handling the IoT, Pemex deal and the USDrilling workstation they built. Or at least explain the issues behind merging it all together. Pretty sure they want Movement to take on more of the workload and revenues of Velocity umbrella. Let's get to it already
I am going to hang around too but i still don't know what is their end game. If movement is their spare time company, the question is why did they go public in the first place?
That's why they have a 5M market cap and not a 50M. This is still the OTC. We've all seen POS bloated pigs with nothing but a UPS address and a good story have 100 million MCs. If they follow through you get 15X. I believe at some point their plan will be successful.
Velocity is where Linh makes his money. Movement is side play for them. We have often said, it's like they don't give a shit about the stock price. It's because they don't. They are busy running Velocity along with other companies. Movement gets their spare time. But progress is being made. All while never being diluted. I'm gonna hang around and see how this turns out.
Such s weird company.
- owners put another $112k into the business during the 3 months. $1.4m in total.
- no new f&f converted. More than 50% still unconverted.
- no real pump to get volume to increase price for owners or f&f to get out.
- seem happy as can be, keeping silent.
Why?
I like to believe what you say and I hope you are right. However, all the facts at this point are: no JV, no Pemex Contract, no revenues. Basically, they have propped up the stock by posting meaningless and ridiculous photos of boxes, machinery and corroded oil rigs. If you believe in their pr’s, then where is the meat? Why aren't the Jv and Pemex contract reflected in the financials? Where are the revenues from these events? Their revenues have shrunk and not increased, why? Something is amiss and not sure what is their game plan. Assuming that the announcement of the JV and Pemex contract are real, are they with Movement or with Velocity? If with Velocity, why announce it from Movement? The company needs to be transparent and let shareholders know what is going on because at this point, the decreasing revenues generated by Movement are pitiful and not supported by their announcements.
Yeah. Kinda like the ongoing concern that's in every OTC filing you see
What about the paragraph about them needing more funding or a loan to continue? Is that just a standard disclaimer or a warning?
If this was supposed to be a pump and dump, they forgot two things. LOL Never pumped and never dumped.
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Movement Industries Corp.
OTC PINK: MVNT
ACQUISITION of HI-ALLOY Valve
Houston, Texas 77040 USA
Hi-Alloy Valve manufactures a broad list of valves according to API 6D & 6A standards for the upstream, midstream and downstream markets. We cater to energy clients in North and South America, Middle East and Asia with comprehensive support and service, offering high quality standards, competitive pricing and accelerated delivery.
We are headquartered in Houston, Texas USA. Our principals bring vast experience in the manufacturing and machining of high highly trusted valves for reliable service in the most demanding applications.
To manufacture and deliver high quality valves with exceptional turnaround time and strong commitment to safety, integrity and customer satisfaction.
API 6D / API 6A / ISO 9000 / NACE MR 0175 / ANSI / ASME
The principals of Hi-Alloy are comprised of seasoned industry professionals. Their previous work history has been as Senior and Executive level positions within the industry.
Hi-Alloy Valve, Inc. (“HAV”) proudly participated in Valve World America's held in Houston TX June 20 & 21, 2017 at the George R. Brown. #VWA2017 was an incredible invent and wonderful opportunity to meet old friends and make new ones. We were also fortunate to have Miss Grand Texas 2017 in our booth
ISO 9000 / NACE MR 0175 / ANSI / ASME
https://twitter.com/mvmntin/status/1444097267477196802?s=21
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