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A .01 PPS would make MCET market cap $39 million, long way from where we are now, but not absurd. This company needs to hold up their end of the bargain and remember who they work for!
Newmin of course.
He's so smart.
8-K out this morning. Approval for reverse split between 1 for 2 and 1 for 25. Approval of name change, if at all, from Copytele Inc to ITUS Corporation. Consolidation the past 3 months, we've traded between .24 and .33.
I'm at a loss of speculation here, more pessimistic than optimistic.
If any of their "patented" progress has any value, I wish they'd sell already. What do they care though, they've got no problems cashing their pay checks everyweek.
If this company is still in business, we're due, long overdue, for some news. Perhaps something that generates some significant capital appreciation..
A real stare down the pass few trading sessions with very few shares trading hands.
Maybe MCET puts out a PR or updates their FB stating that!
I'll remind you, never follow the idiot analyst that made that prediction.
Or... you will potentially have lost 50% if you bought in at .0012, from the time you lasted posted to today's PPS of .0006. Unrealized "potential" loss of 50%. Hmmm...
There is a lot going on with COPY, I'm a bit shocked there isn't more people posting on this board to discuss, or speculate, on what they think is going on behind the scenes and how it'll affect future PPS!
Not good, years have gone by with no growth or progress from this company. Bid/ask has dropped. Bid .0006 vs Ask .0007. We may get pops here and there, but I have lost faith I once had in MCET.
Let me rephrase that... continued dilution. They need money to fund their strategic plans, with the potential of raising up to $30,000,000 issuing stock and up to 600 million shares.
What's every take on the latest news at CopyTele? Hiring former Acacia SVP of licensing, Tisha Stender as COPY's new COO and legal counsel, and today's news of raising $4 million in direct offering of Common shares to Alere Financial Partners. As days pass, we get closer to the potential of dilution and a reverse split, as well as closure on lawsuits COPY has filed against many companies for patent infringement.
No takers? That's surprising.
What is the explanation behind the past 1 year chart? Last August this surged over $20, and has since steadily declined. The past 6 months this stock steadily declined from $8-$10 to where we are today, $1.80's. Has the company diluted? What's the O/S? Not bashing or knocking, just interested in opinions of those who are familiar with SPEX.
Also, anyone following Copytele? ticker COPY. They are in the business of patent monetization and assertion. They have many settlement agreements reached recently, and have open lawsuits against many companies for patent infringement, most notably Microsoft, AT&T. Interested in your comments on COPY as well.
Court Rules Against Home Depot and Silver Line in J-Channel Infringement Case.
http://ih.advfn.com/p.php?pid=nmona&article=62408926
COPY preparing to increase O/S by 600,000,000 shares. Bringing the O/S to over 800,000,000. They're looking to raise $30 million in capital.
I've been in MCET for years. I first found out about MCET years ago when they were trading between .01-.03 cents. There is money to be made here buying on dips and selling on news, just ask those who sold at .0025 a few days ago who bought it at .0007-.0009 within the past few weeks. As we all know, this could sky rocket anytime, my guess is to the .004 to .006 range like last year. However, without any PR's regarding partnerships, revenues, or anything $C$A$S$H$ related, this will settle back down, IMO. Day traders will make money, and long term holders will be aggravated waiting for this to enter and hold its PPS over .01. This is a high risk, yet HIGHER reward investment. Good luck to all who are in for long term capital appreciation.
How long until patent is approved?
How many shares did you buy at .0003?
Some serious 2 volume today. Need to see 3's soon.
Be sure to have a seat when the music stops!
"Burned" Media.. I'm surprised nobody referenced that with all the marijuana business speculation.
Surprise Surprise, BUNM is alive.
Do you know the specifics to all these investor releases?
1 year ago today we hit .0055.
I read it. Same language they've been using since it was above .01, look at where we've gone since.
No, any hints to near PRs that will rocket this to .01 - .02?
Good Morning BUNM... wake up. LA LA LA.
LA LA LA
Years back I got shares at .00005.. no lie!
Just trying to shake out the .0001's is what I see.. panic the holders to put in that sell order
Where do we go from here
.0001's look hard to shake out right now.
Makes sense. What's MJ space?
I knew a few, but wasn't aware of that many, I wonder what's going on.
What other previously dormant stocks are now seeing action?
I felt it coming. This will move faster than anyone expects it to.