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No, I was asking you that it must be dark. You said it wasn't defunct, so then it must be dark.
There are some photos of the app existing on their facebook page. You can also see Device not supported on the screenshot from Google apps. This is from the first of the year.
OTC listed it as dark or defunct. They also listed the A/S at 600M until about 8/12.
Of course they are. Using what you said, however, which was that MBHC was not defunct, it must be dark then. It was one or the other.
I hope that they do launch the app!
Saying either is correct, as both were listed. A definitive reason specific to MBHC for being dark or defunct is not given by OTC, that's not their job. They give a general reason why its one or the other, but this applies to any OTC stock.
It is no longer relevant, as the CEO came through with his word to have it updated. However, the financials were unaudited, unprofessional and without a lawyers consent. And now we have a yield sign. Many reasons exist for this. For now, its an improvement, but nobody really seems all that content and it did nothing to improve the pps.
The last time the A/S was 600M was on 8/12. Incidentally the O/S increased the next day to 137949075 and then to 181471580 on 9/2. The float increased to 81271311 along with the O/S increase without any explanation or warning from the company.
I emailed the T/A for the share structure. I'll let you know if you are correct in thinking the float is 500M.
In the past it was close to 3 coppers.
At this point I don't know what can get us back to 1 cent other than the app being released or some concrete evidence showing we have a relationship with a big media company or even EDM.com.
Fred said we had a bunch of things in the pipe, including something with Time (warner I believe). Too bad it turned out he wasn't hired by MBHC, and was destroyed. His timing and MBHCs I find to be interesting. I think there's more to this. I wonder if Fred is still us.
I thought we had a very high chance of reaching a penny again, which is why I threw some crabs at this. From a historical standpoint, I seemed well positioned to double my monies.
Unfortunately we all learned we were taken for a ride. Worst of all, nothing positive has come from this. Even the filings are scary. No monies spent on R&D, its unaudited, and no lawyers involved.
I wonder where the money is coming from. They may very well decide to start dumping millions. It is after all, a very new company. It's been bought out several times for different purposes since 1994.
EDM looks very promising. If I had the cash, I might be tempted to start a publicly traded EDM. I don't know if id need an app, but I'd certainly spend on advertising in an attempt to get Sillermans attention, who announced he wanted an EDM monopoly and was going to spend a billion bucks buying up EDM companies. That's right, 1 billion dollars! If I were MBHC, I'd be stalking this guy to get his attention.
So MBHC is dark then.
Sure did.
All of this was taken from pinksheets.com. So are they liars?
Perhaps it was done to gain credibility? Within 24 hours we had a PR on a Saturday.
MBHC bought out a shell called PROW, I believe. Defunct shells can be bought for anywhere between 10K to 150K. A clean reporting company usually goes for 50-100.
I did an image search, which you can do with Google images. It listed that image which was indexed by someone other than MBHC. They made it seem like it was an exclusive, a picture they took with Jay-z from an event they attended.
As far as I can tell, they claim to attend events, even send out news releases regarding them, and then never follow up. It's like it never happened.
When they released the PR for beta testers, I believe everyone who initially signed up received a bounce. It was like they were making stuff up on the fly for a news release. Not a very methodical company. However, it is nice when the things they say happen, such as the recent financials.
They also announced it was completed. To most people, that means its ready for the app store.
I emailed beta testers several times and it bounced. Later in the day they got it fixed but I never received a response. Nor have I got one from Ken or Darryl. There is one way to get their attention, though
Nope don't have better data guessing what I see is a mistake. Maybe it temporarily showed at 600 but when I do a manual look it shows 250.
Not sure why my share structure database would suddenly show 600. It got the float right. It only has one entry showing 600 so I'm guessing the next update will be back at 250 but I won't know until tomorrow.
Looks like the float for sure increased. Not yet sure about the A/S, I see 250 and 600, but I only get updates once a day and don't have today's yet. It showed up yesterday.
My SS database. Unless there's a mistake, it shows it increased on the 2nd. I'll check later when it updates to see if it still shows 600M.
I show 600M for A/S, up from 250M
Nope. Apparently Fred was the only one to get their attention, and in a big way. Sure would appreciate an explanation for the share increases. As far as I know it came out of nowhere. With more shares on the market, this won't trade like it has in the past.
The share structure and float have nearly doubled as of yesterday. I'm mobile so perhaps someone else can post the increases. This is unfortunate. Not only do us share holders have anything to look forward to, they have dilluted themselves. This would be fine if they actually had a product and were making money on ads and subscriptions. Or even running up debt due to growth and sales. But this is looking more and more like your worthless pinky that dumps shares and increases the share structure until it is no bid and you have to reverse split.
I no longer care. Now we have a previously defunct company with a yield sign instead of a stop sign. Is Darryl going to rectify this next? They will if they want to uplist.
A yield sign is designed for companies with financial reporting problems, economic distress, or in bankruptcy to make the limited information they have publicly available.
I sold off some of mine, so anything now will pretty much be profit. Only hold a small position with free riding shares. With the close at 46, selling off at 70plus seems to have been a good move.
Nope, pinksheets does. I'm only a messenger.
I agree. We the investors want the app released.
It's their own damn fault for leading us on. We just want our app! The company has essentially exploited us for free publicity and we've gotten nothin in return.
In case of catastrophic failure, it'd be wise not to promote Whirld until after its release in the app stores. However, they could at the very least provide us with pictures and video of what this thing can do, since none of us were apparently recruited as a beta tester. After all, the app is completed according to recent PRs. Many of us aren't sure what this thing is supposed to do, or what it can do.
It's either with the SoS or pinksheet filings.
Won't the stop sign disappear tomorrow?
> Not at all? Quote by you: " I sent an email to tradingandmarkets@sec.gov with my suspicions. So who knows."
>
I'm invested in MBHC and would like them to be clear with their dates, events, and product info as we go forward. They have not done so well in this department in the past, which allows for the investor to make decisions based on misleading and/or false information by the company. This is fraud, and the SEC encourages investors to report it so they can look into it and take the necessary measures to prevent it.
> You have all your facts mixed up anyway
Really? Let's go through your list, one by one.
>
> 1) Company is NOT defunct at ALL.... just your opinion
Not my opinion or my words. It is fact taken from pinksheets.com. I simply repeated what was stated with MBHC's stock filing and status. And I went on to say that the SoS of Nevada lists MBHC as an active company, not defunct.
> 2) Bland has not departed, never did. He is now Chairman and Made Sanders CEO
I stated Ken was the recently departed CEO. This means he stepped down as CEO. I did not say he departed from the company.
> 3) The Gravitator program DID reach 100M Twitter followers ( perhaps prematurely) but its a powerful weapon to have when the app is ready. The confusion with many here is the bought twitter followers which I agree was dumb (but was eliminated so I'm sure the company thought so too)
I have no knowledge of Gravitator nor do i know what it is or what it does.
> 4.) I have been able to reach the company MOST of the time, you really should try before making accusations.
What accusations are you talking about? I sent Ken a couple of emails in the past without a response. No big deal. I don't have any questions for him or Darryl at this point.
>
> Anyway thank you for helping keep the price affordable for all of us who do see the potential to acquire more. We do appreciate it.
We're under new ownership. Josee sold MUTM a while back. However, the new owners have yet to do anything with this shell
The CEO commented on the outdated information to shareholders, and said he was going to get this resolved. This is good information to reinforce, as long as it is accurate.
All this information can be found at pinksheets.com, where it lists MBHC as either dark or defunct. Another trader commented on their status, saying the only thing suspicious is the stop sign. I'm sure he'd like to know that getting this resolved was addressed by the company.
I find it all to be relevant. Either the recently departed Ken had plans to get it resolved or the newly appointed CEO Darryl is working on it.
If you have a working relationship with the CEO, perhaps you could E-mail Darryl and remind him that this is still a concern with investors.
It's not a good sign, but yes, either the recently departed CEO or newly appointed CEO did mention they were going to resolve the issue of the stop sign and what not.
You can still be defunct and be kicking around on the market for years until your ticker is delisted. I've seen this happen. Good news is the SoS of Nevada lists MBHC as being an active corporation. The downside is a lot of the documents on the SoS website shows increases in the share structure. The float hasn't been addressed or updated since January, and it sits at 53M, which when we have 10M+ volume days, doesn't appear to be accurate, imo.
Going for a slum dunk with Jay-Z may not be such a bad idea. Net Zero and FreeI did it with Shaquille O'Neal.
MBHC is a defunct and/or dark reporting company according to pinksheets.
Not at all! I bought in June and have managed to make a small profit. However, I think we are all anxious to see the app get released which will bank us some serious buck.