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The stock is $MECK - Mecklermedia Corp - its basically a shell right now that we are all working on selling or merging.
With this share structure there is no limit
Share Structure
Preferred Stock As of 9/30/15
4,000,000 Authorized, 600,000 designated as Series A Junior participating preferred stock.
No shares issued and outstanding
Common Stock As of As of 9/30/15
18,750,000 Shares Authorized
6,176,947 Shares Issued
6,057,662 Shares Outstanding
1,999,000 Estimated Float based on my research thus far
Awesome - thank you! I think if we all do our part in awareness and research that we are going to make a lot of money here
$MECK
$JCP bottom forming
im still lurking and waiting to get in $ARNA
J.C. Penney Sees More Opportunities in Home Improvement
http://www.hardwareretailing.com/j-c-penney/
J.C. Penney has started selling products such as bathtubs and power tools online and is expanding its services in some markets with basic bathroom remodels, The Dallas Morning News reports.
The department store forayed into home improvement in 2016 by selling kitchen and laundry appliances in 500 stores and later partnering with Trane to offer heating, ventilation and air conditioning systems.
J.C. Penney CEO Marvin Ellison says these new ventures “will help [the company] grow and de-emphasize the department store’s dependence on apparel,” according to The Dallas Morning News.
CNBC reports that the installation services will be available through 100 stores and will include “bathroom remodeling, home heating and cooling systems, quick-ship and installed blinds, whole home water solutions, awnings and smart home technology.”
“It’s a $300 billion market that we believe we have the opportunity to pick up some significant market share,” Ellison says in the CNBC coverage.
In addition, J.C. Penney will add 100 more appliance showrooms in 2017 and begin offering more appliance brands, according to the Dallas Business Journal.
The changes follow announcements that the retailer is closing 140 store locations and trimming its workforce by offering early retirement to thousands of employees.
J.C. Penney Wants to Keep Gaining From Sears' Losses
As one retailer gets smaller, the other has looked to pick up the slack.
https://www.fool.com/investing/2017/03/14/jc-penney-wants-to-keep-gaining-from-sears-losses.aspx
With Sears Holdings' (NASDAQ:SHLD) Sears brand closing stores, abandoning markets, and generally getting smaller in an attempt to forestall bankruptcy, J.C. Penney (NYSE:JCP) has decided to aggressively go after its longtime rival's customers.
Roughly a year ago, the rebounding retailer, which delivered positive net income in 2016 for the first time since 2010, added appliances to about 500 J.C. Penney stores. The chain prioritized markets that Sears had left, or was likely to leave, and that experiment worked so well the company is expanding the offering to 100 more stores in 2017.
"We're exceptionally pleased with the performance of our over 500 new appliance showrooms, which continue to drive increased sales and gross margin dollar productivity," CEO Marvin Ellison said during his company's Q4 earnings call in late February, which was transcribed by Seeking Alpha (registration required). "Appliances reinforce the ongoing strength of our growth initiative as we pivot our retail strategy toward non-apparel and growing categories."
Now that J.C. Penney has successfully moved in on Sears' appliance market, the retailer has plans to go after another of its rival's traditional strongholds, home services. To do that, Ellison's company plans to launch J.C. Penney Home Services later this month.
What is J.C. Penney doing?
J.C. Penney is going to partner with a number of companies including Samsung and Trane to test six home services programs in various markets to see which ones work. Through the various tests, the retailer will offer "turn-key services for heating and cooling systems, bathroom remodeling, quick ship and installed blinds, whole home water solutions and awnings, as well as easy-to-install smart home devices," the company said in a press release.
It's a move into an area that Sears has traditionally dominated. Ellison did not directly name his rival during the earnings call, but it was clear that this effort was an attempt to go after Sears' former and existing customers.
"Many years ago JCPenney was a strong player in the home install space. Now that we have a large mall competitor donating market share in this category, we feel the timing is right for us to test a series of home install initiatives," he said.
It's about more than Sears
While Sears' failures have created opportunity for J.C. Penney to step in, that's not the only reason the company is entering the home services market. Ellison explained in the press release that the opportunity in the space marries well with his company's customer base. He also noted that two-thirds of homes in the United States are over 30 years old, adding that consumers will spend more than $300 billion each year on home upgrades.
"There is a tremendous opportunity to capture additional revenue and minimize our dependence on apparel by catering our services to female homeowners who represent over 70% of our loyal customer base, and make the primary decisions regarding any home renovations," he said.
The various home services offers will be rolled out to about 100 J.C. Penney locations through a display in the home department. They will also be offered at jcpenneyhomeservices.com. Services will vary by market and the company also plans to offer a home services credit card to help customers finance these purchases.
It's just good business
J.C. Penney is smart in targeting Sears customers, but that's only a piece of why these moves make sense. Ellison has been smart in acknowledging that his company needs to move away from relying on apparel while also diversifying the offerings in its stores.
In a broad sense, for a retailer like J.C. Penney to survive, it needs to serve a much wider base than it has in recent years. Not all of these ideas will work, but the company is being smart in testing concepts, refining them, and recognizing that some will succeed in some markets, but not others.
Sears' struggles, and perhaps death, opens some doors for J.C. Penney. Ellison has correctly positioned his company to not only be ready to walk through those doors, but to kick them down when possible.
That's decidedly bad news for Sears, which could lose customers even in areas it intends to still serve simply because consumers will feel more confident buying home services or appliances from a retailer that looks more like it will be around for a while. Adding home services and increasing the stores selling appliances will make J.C. Penney stronger while dealing another blow to its rival, which may not be able to take too many more.
J.C. Penney Sees More Opportunities in Home Improvement
http://www.hardwareretailing.com/j-c-penney/
J.C. Penney has started selling products such as bathtubs and power tools online and is expanding its services in some markets with basic bathroom remodels, The Dallas Morning News reports.
The department store forayed into home improvement in 2016 by selling kitchen and laundry appliances in 500 stores and later partnering with Trane to offer heating, ventilation and air conditioning systems.
J.C. Penney CEO Marvin Ellison says these new ventures “will help [the company] grow and de-emphasize the department store’s dependence on apparel,” according to The Dallas Morning News.
CNBC reports that the installation services will be available through 100 stores and will include “bathroom remodeling, home heating and cooling systems, quick-ship and installed blinds, whole home water solutions, awnings and smart home technology.”
“It’s a $300 billion market that we believe we have the opportunity to pick up some significant market share,” Ellison says in the CNBC coverage.
In addition, J.C. Penney will add 100 more appliance showrooms in 2017 and begin offering more appliance brands, according to the Dallas Business Journal.
The changes follow announcements that the retailer is closing 140 store locations and trimming its workforce by offering early retirement to thousands of employees.
J.C. Penney Wants to Keep Gaining From Sears' Losses
As one retailer gets smaller, the other has looked to pick up the slack.
https://www.fool.com/investing/2017/03/14/jc-penney-wants-to-keep-gaining-from-sears-losses.aspx
With Sears Holdings' (NASDAQ:SHLD) Sears brand closing stores, abandoning markets, and generally getting smaller in an attempt to forestall bankruptcy, J.C. Penney (NYSE:JCP) has decided to aggressively go after its longtime rival's customers.
Roughly a year ago, the rebounding retailer, which delivered positive net income in 2016 for the first time since 2010, added appliances to about 500 J.C. Penney stores. The chain prioritized markets that Sears had left, or was likely to leave, and that experiment worked so well the company is expanding the offering to 100 more stores in 2017.
"We're exceptionally pleased with the performance of our over 500 new appliance showrooms, which continue to drive increased sales and gross margin dollar productivity," CEO Marvin Ellison said during his company's Q4 earnings call in late February, which was transcribed by Seeking Alpha (registration required). "Appliances reinforce the ongoing strength of our growth initiative as we pivot our retail strategy toward non-apparel and growing categories."
Now that J.C. Penney has successfully moved in on Sears' appliance market, the retailer has plans to go after another of its rival's traditional strongholds, home services. To do that, Ellison's company plans to launch J.C. Penney Home Services later this month.
What is J.C. Penney doing?
J.C. Penney is going to partner with a number of companies including Samsung and Trane to test six home services programs in various markets to see which ones work. Through the various tests, the retailer will offer "turn-key services for heating and cooling systems, bathroom remodeling, quick ship and installed blinds, whole home water solutions and awnings, as well as easy-to-install smart home devices," the company said in a press release.
It's a move into an area that Sears has traditionally dominated. Ellison did not directly name his rival during the earnings call, but it was clear that this effort was an attempt to go after Sears' former and existing customers.
"Many years ago JCPenney was a strong player in the home install space. Now that we have a large mall competitor donating market share in this category, we feel the timing is right for us to test a series of home install initiatives," he said.
It's about more than Sears
While Sears' failures have created opportunity for J.C. Penney to step in, that's not the only reason the company is entering the home services market. Ellison explained in the press release that the opportunity in the space marries well with his company's customer base. He also noted that two-thirds of homes in the United States are over 30 years old, adding that consumers will spend more than $300 billion each year on home upgrades.
"There is a tremendous opportunity to capture additional revenue and minimize our dependence on apparel by catering our services to female homeowners who represent over 70% of our loyal customer base, and make the primary decisions regarding any home renovations," he said.
The various home services offers will be rolled out to about 100 J.C. Penney locations through a display in the home department. They will also be offered at jcpenneyhomeservices.com. Services will vary by market and the company also plans to offer a home services credit card to help customers finance these purchases.
It's just good business
J.C. Penney is smart in targeting Sears customers, but that's only a piece of why these moves make sense. Ellison has been smart in acknowledging that his company needs to move away from relying on apparel while also diversifying the offerings in its stores.
In a broad sense, for a retailer like J.C. Penney to survive, it needs to serve a much wider base than it has in recent years. Not all of these ideas will work, but the company is being smart in testing concepts, refining them, and recognizing that some will succeed in some markets, but not others.
Sears' struggles, and perhaps death, opens some doors for J.C. Penney. Ellison has correctly positioned his company to not only be ready to walk through those doors, but to kick them down when possible.
That's decidedly bad news for Sears, which could lose customers even in areas it intends to still serve simply because consumers will feel more confident buying home services or appliances from a retailer that looks more like it will be around for a while. Adding home services and increasing the stores selling appliances will make J.C. Penney stronger while dealing another blow to its rival, which may not be able to take too many more.
there is a fine line between genius and crazy
but there is an even finer line between crazy and reality
$JCP
We are gaining momentum, awareness is spreading - i have gotten a few pm and emails inquiring about the stock
hopefully all the awareness will equate to benefits for all
$MECK
P.S. Impatient sellers hitting the bid lol
As per the other
The first merger/sale just feel thru
So now we are looking for other avenues to go down
If you know anybody or company let us know
People have been in contact with meckler regularly - he seems on the level
Hoping first news is official cancellation of the cancellation but meckler said he would love to sell or merge and get upwards of .50 or $1.00 per share minimum to help offset the lose
The Share Structure is what dollar runs are made of
6M O/S
1.9 Float
MCAR Basic DD & Stock Information
OTC Market: https://www.otcmarkets.com/stock/MCAR/profile
Authorized Shares: 950,000,000 (That is a high number for a company wanting to use shares in a transaction)
outstanding Shares: 45,411,400
Float Guesstimate: 1,589,399
Purchased November 2009
AWLD / Algodon Wines & Luxury Development Group, Inc
http://www.algodongroup.com/index
Shares Purchased: 43,822,001
Purchase Price: 43,822
Purchase Stock PPS: .001
Last 10-Q Filing
Purchased November/December 2016 from AWLD
Large Block Share Holder
China Concentric Capital Group Ltd. (a British Virgin Islands company)
http://www.cnconcentric.com/index.html
Shares Purchased: 43,822,001
Percentage of OS owned at time of filing: 96.5%
Purchased December 2016/ February 2017 From CCG Ltd.
Shares Sold To:Mr. Quanzhong Lin Basic Info
Shares Purchased: 29,521,410
Percentage of OS owned at time of filing: 65%
Purchase price of above mentioned share offering: .0102
Feb 2017 8k Filing
$MCAR
$MECK - Mecklermedia Corp. Stock Information
CEO very open and communicating with all about interest in sale or merger
Share Structure Information with Links
OTC Markets Link:
http://www.otcmarkets.com/stock/MECK/quote
Stock Charts
http://stockcharts.com/h-sc/ui?s=MECk
Share Structure
Preferred Stock As of 9/30/15
4,000,000 Authorized, 600,000 designated as Series A Junior participating preferred stock. No shares issued and outstanding
Last 10-Q Filed Link
Common Stock As of As of 9/30/15
18,750,000 Shares Authorized
6,176,947 Shares Issued
6,057,662 Shares Outstanding
Last 10-Q Filed Link
Here is a break down of the registered large block holders, holding about 3,045,009 shares.
Alan M. Meckler LinkedIn Profile Link
Shares as of 9/18/15: 2,002,560
Form 4 Filing Link
Alan M. Meckler Spouse
Shares as of 9/18/15:: 401,194
Form 4 Filing Link
Herman Meckler Family Trust #1
Shares as of 9/18/15: 35,050
Form 4 Filing Link
Herman Meckler Family Trust #2
Shares as of 9/18/15: 9,871
Form 4 Filing Link
The Meckler Foundation
Shares as of 9/18/15: 75,176
Form 4 Filing Link
Meckler Media Corp Treasury Stock
Shares as of 9/18/15: 119,285
Last 10-Q Filed Link
KCG Americas LLC (Knight Capital Group and Getco merged)
Shares as of 9/18/15: 401,873
SEC Filing Link 1
SEC Filing Link 2
$MECK Bound For Break Out
Should check out $MECK 1.9M Float
Many accumm while trying not trigger a rush - tight float has pushed the bid and ask up continuously and steadily
Up on CEO saying he is interest in sale or merger
OS - 6 Million Shares
Float - 1.9 Million
Folks accum while trying not to start the squeeze upward
Anything could happen at anytime
CEO very open and communicating with all
$MECK Mecklermedia Corp.
Stock Charts
http://stockcharts.com/h-sc/ui?s=MECk
Share Structure
Preferred Stock As of 9/30/15
4,000,000 Authorized, 600,000 designated as Series A Junior participating preferred stock. No shares issued and outstanding
Last 10-Q Filed Link
Common Stock As of As of 9/30/15
18,750,000 Shares Authorized
6,176,947 Shares Issued
6,057,662 Shares Outstanding
Last 10-Q Filed Link
Alan M. Meckler LinkedIn Profile Link
MECK Mecklermedia Corp. bound to move - Low float 1.9 Million
gaining interest as bid and ask keep moving - many trying to accum without triggering a rush
CEO openly communicating about sale/merger
Stock Charts
http://stockcharts.com/h-sc/ui?s=MECk
Share Structure
Preferred Stock As of 9/30/15
4,000,000 Authorized, 600,000 designated as Series A Junior participating preferred stock. No shares issued and outstanding
Last 10-Q Filed Link
Common Stock As of As of 9/30/15
18,750,000 Shares Authorized
6,176,947 Shares Issued
6,057,662 Shares Outstanding
Last 10-Q Filed Link
Alan M. Meckler LinkedIn Profile Link
$MECK
MECK Mecklermedia Corp. bound to move - Low float 1.9 Million
gaining interest as bid and ask keep moving - many trying to accum without triggering a rush
CEO openly communicating about sale/merger
Stock Charts
http://stockcharts.com/h-sc/ui?s=MECk
Share Structure
Preferred Stock As of 9/30/15
4,000,000 Authorized, 600,000 designated as Series A Junior participating preferred stock. No shares issued and outstanding
Last 10-Q Filed Link
Common Stock As of As of 9/30/15
18,750,000 Shares Authorized
6,176,947 Shares Issued
6,057,662 Shares Outstanding
Last 10-Q Filed Link
Alan M. Meckler LinkedIn Profile Link
$MECK
anything new here? - got silent it appears with a stalemate on the bid/ask?
ive been out of the loop on this for a bit
$MCAR
Shareholder Meeting Date & Time:
Friday, May 19, 2017
10:00 A.M., local time
Place:
JCPenney Home Office
6501 Legacy Drive
Plano, Texas 75024-3698
Record Date:
In order to vote, you must have been a stockholder at the close of business on March 20, 2017.
Important Notice Regarding the Availability of Proxy Materials for the 2017 Annual Meeting of Stockholders to be held on May 19, 2017.
http://ih.advfn.com/p.php?pid=nmona&article=74071234
Delaney Equity Group LLC, a Florida-based stock broker
Who were sued by SEC
https://www.goodetrades.com/2015/10/brokerdealer-and-otc-market-maker-delaney-sued-by-sec/
Looks like this is gaining some attention - the blood is being smelt in the water from miles away
$MECK
interesting
as for other
few peeps reaching outing to contacts to help facilitate all avenue of possible deals
accum as they extend their efforts
owner approachable and upfront
every move up thus far has pushed the bid and ask up since structure is fantastic
every buy pushes the tight float up. up almost 1000% from .006 - its got a trigger that would explode with any hint
MECK 1.9M Float - Up on CEO saying he is interest in sale or merger
ACCUM UNDERWAY - many trying to get shares without triggering the crazy low float run
OS - 6 Million Shares
Float - 1.9 Million
Folks accum while trying not to start the squeeze upward
Anything could happen at anytime
CEO very open and communicating with all
$MECK Mecklermedia Corp.
Stock Charts
http://stockcharts.com/h-sc/ui?s=MECk
Share Structure
Preferred Stock As of 9/30/15
4,000,000 Authorized, 600,000 designated as Series A Junior participating preferred stock. No shares issued and outstanding
Last 10-Q Filed Link
Common Stock As of As of 9/30/15
18,750,000 Shares Authorized
6,176,947 Shares Issued
6,057,662 Shares Outstanding
Last 10-Q Filed Link
Alan M. Meckler LinkedIn Profile Link
MECK 1.9M Float - Up on CEO saying he is interest in sale or merger
ACCUM UNDERWAY - many trying to get shares without triggering the crazy low float run
OS - 6 Million Shares
Float - 1.9 Million
Folks accum while trying not to start the squeeze upward
Anything could happen at anytime
CEO very open and communicating with all
$MECK Mecklermedia Corp.
Stock Charts
http://stockcharts.com/h-sc/ui?s=MECk
Share Structure
Preferred Stock As of 9/30/15
4,000,000 Authorized, 600,000 designated as Series A Junior participating preferred stock. No shares issued and outstanding
Last 10-Q Filed Link
Common Stock As of As of 9/30/15
18,750,000 Shares Authorized
6,176,947 Shares Issued
6,057,662 Shares Outstanding
Last 10-Q Filed Link
Alan M. Meckler LinkedIn Profile Link
interesting read
things are getting interesting for sure $MECK
Im curious as well - i think as awareness spreads it bid and ask will have to become more obvious (hopefully lol)
$MECK
$MECK Up 1000% - 1.9M Float
Very fast mover under the radar accumm taking place
Owner openly communicating with everyone about interest in sale/merger
Outstanding shares = 6 Million ONLY
Float = 1.9 Million ONLY
$20 in NOL's ready to be used as write off against porifts
clean books
clean company
clean CEO
$MECK Up 1000% - 1.9M Float
Very fast mover under the radar accumm taking place
Owner openly communicating with everyone about interest in sale/merger
Outstanding shares = 6 Million ONLY
Float = 1.9 Million ONLY
$20 in NOL's ready to be used as write off against porifts
clean books
clean company
clean CEO
Solid steps forward thus far - bid moving up closer to ask
we should see 6-7-8 very soon
$MECK
The bid 4 ask 8 - but i played with numbers today and MM are not showing whats on the bid and ask
i played with 10k lots of different sale types and values
$MECK
fair enough - i gotchya $JCP