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I would estimate around 170. I know there are 30 million restricted for about a year. Could even be around 150 million due to a few other holders we have on board.
How about we keep him on the sidelines and let the investors and traders take the price to legit levels. They just need to stay out of it for awhile.
Show us the money Bog. Get your man in line and keep the news flowing. I trust they have contacted all debt holders trying to keep selling at a an absolute minimum. This is a big time for MWW if they do it right, they can stabilize in the .01-.02 range. NO MORE DUMPS, bring on more contract announcements AND reduction of AS as soon as possible. It would be the perfect storm.
Just keep buying Bog. Do not dump out on us now. Get me back to cents. Hold all possible selling back.
Fix you've converted. Well best of luck to us. I've scooped up a couple million. Bought 400k today. Hope mgt finally handles this properly and tries to constrain all selling.
Bog, lets see you hit the ask. Rainer and Pinkerton too.
Good way to put it. I went against my better judgment and scooped up some .0007s. Only a million of them. Riding free on the .0003s and will wait to see how it develops.
Mike, we shall see. I hope youre correct and they do this the way you described. I haven't put any capital into this firm for a long time until last week and Ive got my principal out. I will be looking to ride the rest to pennies and if it breaks down I will trade out along the way.
Good quigley. I hope for your sake they can run it. I have some .0003s and will be selling half and riding the rest out and trading some along the way. Only way I have been profitable on MWW unfortunately.
Bog, don't start dumping here. I don't see your buying. Ask only .0007.
Can't access the site for some reason. How much revenue do they bring in annually?
I do agree with you Loco. You seem to have the most rational view as you were not involved with this thing until now. Good to have a traders perspective here. I bought and sold on the last pump and have my remaining batch of nearly worthless shares. I too have bought at .0002 and will be looking for .0001s. Stick around and don't mind my or anyone else's constant posts.
And they are not generating significant revenue, so the client roster is of little use right now. This isn't some start up; this is a company that has shown little ability to run a sustainable model for years. They are a tiny company and have tried to fund themselves through the market. Not capital expenditures, but funding OPERATIONS. For "Stock Watch Index" to be involved with actually promoting this company and encouraging investors to get involved is absurd.
Mgt essentially filed for equity bankruptcy with the reverse split and have a new shot. Show that SWI (with one of the principals Rainer who is also a MWW insider) and MWW can at least get there stock to .01-.02. This is a huge reach I know but maybe IR and MWW can finally do there job before more large dumping.
This hasn't been a pump and dump, just a huge dump. Your partner needs to get his damn act together. He is walking a very fine line right now.
I wouldn't say that. They could surely screw up even the simplest of tasks.
Rainer pissed a ton of people off. He has burned a lot of bridges and his silence does not help the situation. I am inclined to make a few comments regarding Rainer's communications to me if he doesn't start speaking up shortly.
DTCC has a clear position on this. Any hint of additional RS within 6 months of prior R/S would result in the equity ceasing to trade on all levels. Would be a nice strategy if MWW mgt wants to be out of business in a week.
And what is going on with the stock? SWI pushed this company for over half a year with dreadful returns. In fact, the returns for MWW are among the very worst of all OTC stocks since that time. When is this mgt team going to put anything positive together that shows actual results AND pps appreciation? This has been outrageous.
It has been a disaster all the way around. Management doesn't seem capable of running a profitable business. Poor decisions compounded on one another led to this. They needed to step up and communicate 8 months ago; their responses, blaming, and lack of performance is all you need to know. Just not a talented mgt team and terrible decisions in addition to poor economics with part poor margins and no sustainable competitive advantage. Any denial at this point is pure spin. That said, even a poor team can get some kind of run going you would think.
As I said, you are wrong. You cannot through TD Ameritrade and this has been the case for over 2 weeks. Bank addressed this accurately in the last post. Its concerning that you would bold and say absolutely not when your statement was not accurate.
Shares were basically sold on the premise of this deal alone for over a year. It does a tremendous disservice to the folks who kept MWW alive, to not update them on this mysterious contract.
I can confirm you are incorrect here. Unfortunately, the other poster was accurate. Been so, for over 2 weeks and counting.
MWW has been touted before by publications with a wide audience and only resulted in more bagholders after short term pumps. We'll see but I wouldn't expect much to come of this.
And I'm sure you're aware, mwwc stock cannot be bought with the largest brokerage in the US due to issues with DTC. MWW's capital restructuring and constant dillution decisions (40 billion + shares) have restricted millions of potential investors from buying their securities. Rainer stated it's on the DTC's end. Mgt's response is it is always on someone else's end. As you would expect, this has turned off hundreds of investors that may have given mww a shot.
Need an update on the status of the Industrial Client and the other contracts Chuck has alluded to. Also need Rainer to clear up the comment about not taking anymore bids are productions schedules were full.
Poor communication, very poor job on setting expectations, and lack of follow through points to the IR and the job they have done.
Small time pumping wont get it done. Rainer tried this before and it failed. Sustained appreciation is whats needed. Communication lines need to be wide open. The status of the Industrial client AND the other contract Chuck mentioned nearly 2 months ago needs to be updated. 2 weeks has past a long, long time ago.
Only would take 30 minutes to draft an update as to why the news did not come out in 2 weeks time and the current status.
My goodness how the message has changed from last Oct-Nov. Wild, hopefully the mgt at least throws a bone to investors. We'll see.
And after an initial push, how do people know they wont get dumped on? How can MWW sustain gains and start a steady incline? Thats the question.
Replace 50 million dollar contract with industrial client. That is what they really mean in the posts. "50" million dollar contract is just a way to make the statement a bit more extreme.
Now the question is valid, where is the Industrial client? Many, many, many, shares have been sold pushing this deal. That is where huge frustration is derived from.
Is Rainer on a business trip? Can't get a response since discussing some issues over a week ago. With all of mgt's lauded "experience" it seems they are at a loss. Failing pps mgt and pursuit of contracts lost or hugely delayed say otherwise. The communication Chuck and the chairman talked about is not happening like they implied it would. 2 weeks turned into a month and a half and counting. With no updates and no information as to what actually occurred.
When will MWW give an update on the contracts Chuck referenced over a month ago? The pps doesn't look like it can be saved. If they want to contine, mgt will have to put up their own capital. Swi will be hurt if mww goes down.
Exactly the point. They are not foolish. They know the institutions are vulture type lenders so to imply otherwise by making a general comment about interest in mww's success was like political spin. They thought the production would pick up so there would be no concern over that statement. Appeasing the shareholder's for just a bit longer until production took hold was the goal. When it didn't happen, all statements that seemed a bit misleading are bound to be scrutinized.
Simply disagree as Rainer had conceded the point to myself and other shareholders after constant communication on this issue with mww mgt.
Is this meant to be a general statement or specifically about MWW in its current state?
"Current stock conditions ARE NOT an accurate reflection of current business conditions or future potential!"
In other words, are you implying that MWW's current operations situation is better than their current share value in the marketplace?
Have to disagree on what he was referring to. The majority of the financing was with institutions, not individuals like "realfacts." He was addressing concerns that investors had constantly communicated to him about bad debt financing. So the answer was about the general "debt financing" issue. So, knowing the vast majority of the financing was Southbridge/Asher types; his answer seemed a bit puzzling.
The mgt team needs to come up with something soon. Rainer claimed they were emptying their pockets to provide funds for the firm. They need to do more now to keep it alive. Capital investments by Chuck, the chairman, IR are needed. They like to encourage the investment community to hang in and tell people about the company. The same offer is extended back to mgt. If it's good enough for investors, it's good enough for mgt to buy in big. Show the mkt your investment and commitment to the firm.
Now here is the glaring issue with that. We were told by Rainer in January, that those "third parties" had an interest in our success and in having a higher share price. That has been anything but the case. Refer to the CC and other correspondence.
Also, since you obviously can't speak to that, referring to deals, we are left with if, and,but, maybe. As you know, contracts and credibility are all that matters. So far the company and mgt is 0 for 2. Please also inform the masses how they can take advantage of such a putrid pps when the trading of the stock has been interrupted.
It won't matter though if MWW continues on like this. Mgt must know they have something to finally break through and start a steady incline in the pps. Something needs to be done to get it up. As Rainer said, it is the currency of a public company. You must protect the value of your currency.
While I have been upfront about my concern with MWW and their progress/lack there of and the relationship ties in SWI, I will say the format is improving on the site. The article was also good for a young trader to ponder. If the main company this site works with can finally progress, I believe the site can be helpful in its growth.
Can't believe MWW is trading sub .001. Mind blowing. IR, MGT, Everyone needs to be working 20 hours a week to get this righted. When are the contract announcements, the new IR promised, the "concerted actions," the financing deals? Time is running.