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2nd Wind Is Needed
Time and frustration takes it tolls. No doubt put me on edge. I said all along that learning curves will be an issue. Company needs to fix items now as they have said. Its very easy at this point to blow smoke. I should not have blamed management for any wrong doing other then their shortcomings with the filings. The unscrupulous pumped and dumped this.Then boredom took its toll and many sold.
Timeout may be needed until the filings arrive. Nothing but pissing in the wind here.
Aloha
#1.
Would come with major law suits against them. They would lose their business to payoff those injured. imo That would not happen. imo
But Its Worth The Time
to lie about the CEO?
Provide Evidence That He's Been Involved With Penny Tickers For Years.
Not once have I seen this printed.
The Incompetence Falls Back On Management
No disputing their own words. One can attempt to put it in a pretty box and try to sell it but the only ones that willing buy it is the ones without knowledge of the markets.
The accounting firm will not just signoff when errors have been found. Once again that falls back on poor accounting from management. The company will have to go back and correct those errors made. In many cases they will have to adjust their Taxes filed to Uncle Sam if needed. It appears more and more the outside accounting firm opened up a hornets nest of issues. That explains this kind of delay. This also explains why management gave timelines that could not be meet.
Its a shit pie. I will eat mine and wait it out.
I Would Imagine Again
This would be before they started. After they found many issues and that required them to wait until MVNT was able to provide the info needed. Just a guess on my part.
I Would Imagine The Timeframe Came From The Accountant
I'm sure this was talked about between them.
I Don't Get It
This is April and you're speaking of Tax Loss Sales for the year?
Wasn't .08 The Going Target Price Here?
Chemist, I do have Chemobrain so I actually do have memory issues.
Most May Have A Target Price
I can remember a lot of those going around this board. Time can cause memory loss, I guess.
DO NE VAL & Now RIG
NYSE $1 rule. First 3 may need a R/S to stay in compliance or, hello OTC.
RIG earnings is next week. 17% of the float is shorted. Love to see a short squeeze.
Correction 2.6M Market Cap
TD Ameritrade giving out the wrong info.
Sales Team And Possible Backlog
MVNT is not mass production. It takes time to do what they do. Lets hope the new sales team has been busy making calls. CEO has been around the block in Texas so he knows where to direct the team. Its very possible that they could have a decent backlog. When I'm not pissed off I tend to think more clearer. 11 months has been tiresome.
Market Cap $483K
I have to keep reminding myself this. Good reason to stay in the game. Outside accounting firm needs to get the shit done. Management could have given us more details and should have. Rookies are a pain in the ass.
That opinion has been tossed around a lot.
and if they are legit, I too can see that happening.
Big Board Companies Don't Behave In This Manner
No one should even suggest it. I have said this all along. They are absolute rookies of the market place and most honest investors would agree.Learning curves should be expected as I have said for the past year. They have proved me right.
Common Sense Says They Didn't Get It
Completely ashine for them to promote as they did and then not follow up on it. What damn company even mentions things like this anyways? Legit companies wait until its confirmed. That's why it looks like a pump.
And No $10M Customer
and there could have easily been frontloading and dumping from insiders. Chart has pump and dump all over it.
You mean like another $10M Customer ?
That was a great pump.
$MVNT Best #oil Periodic.
— WT (@WishfulTH1NKin) January 8, 2020
2 COMPLETED MERGERS;
Hi-Alloy Valve
$4.5M Revenues 2018
$10M contract “final negotiations”
NEWS- https://t.co/cla2Dj4qIM…https://t.co/dO7aMaFe7F
Velocity Manufacturing-
$8M revenues 2018 expecting 50% growth 2019https://t.co/zRtLUKKjWM pic.twitter.com/47PKsuxADI
Buy Volume 271K - Sell Volume 517K
Bid slapping
Texas Has One Foot In The Grave
https://www.texastribune.org/2020/04/20/texas-oil-price-twi-coronavirus/
No Bid Or Ask
Since PPS drop below .01 last year....that I know by memory.
Not One Ounce Of Proof What The Value Is
just garbage talk. If their were numbers to support then they would be presented showing the value but of course you have none.
.0117-8
Needs to break or back to next week. Any type of positive news from those dickheads this week could cause a breakout but odds are against.
Next Week
WTI Oil $14 barrel
Lets spin this into a positive.
MVNT Is The Perfect Company
With most company are getting killed, MVNT remains bulletproof. Management is second to none. Their expertise in the market place puts them head and shoulder above the rest. While many businesses are going into bankruptcy, MVNT revenues have increased. MVNT has Zero debt on the books. Perfect accounting !
Land of Oz
Large Valve Companies Didn't Lose Any
of their value because of incompetent management. Your comparison is like apples to oranges. Shit management will always end up killing a stock price as MVNT did.The info on valves is good thing. I have always preached the fundamentals while the main topic has been every tick of the stock price which helps no investor. Just flippers. That adds insult to injury here by helping the flippers. unreal!
Business 101
Why pretend that MVNT can enter any market especially markets where revenues have been cut in half and steal business from large players. The BS and dishonesty in this stock is simple sad.
Lies Don't Help
Lotto Ticket
still holding...
Rowan Drilling
use to be my favorite offshore drilling management team. Damn shame what's happened with these changes.
Check The Date
Now speak of what has happen since that article.
Holding Shares Of MVNT In Land of OZ
Then we have reality where all companies in the major space where MVNT serve that's suffered major loss of revenue and slashing their spending.
Then living in the land of Oz where the financials will automatically be wonderful.
You need wear wanders in the Land of Oz cuz the shits gets soooo high and has been for a year.
Hope for the best while preparing for the worse. Lets hope there's value for shareholders.
Garage Pumps On Twitter
makes MVNT sound like a worthless penny pump and dump. Sad!
Chapter 11
Just my opinion and I don't have a lot of knowledge so please do your own DD. If this happens the Bond Holders will end up owning the new company and common shareholders will end up will almost nothing. Sad times in energy. You better pick your ponies well.
"trying to remember why I bought"
https://twitter.com/Honolulu_Trader/status/1251147535336398849
Don't Jinx Us
Buy Volume 538K - Sell Volume 140K