I don't own SPNG stock, and only did for a brief time during the big pump, but the point you are making about advertising isn't valid. SPNG never actually advertised the product, but were advertising the stock during the 10-20 million advertising budget you refer to.

Your time may have been wasted doing research, but obviously much time wasn't spent after reading your post. A RS was just done, and although dilution started again, and will continue the OS is only 23 million.

MTPR is easily one of the most undervalued stocks in the penny market. With new attention it should see continued momentum today. Not to forget the float is only 90 million since the reduction/retirement of 70 million shares earlier this year.

If they would put out a press release in the morning in regards to the contract renewal through 2014, and include a dollar value we could see a continued up trend tomorrow.

Yes it can, and when that day comes peeps can either enjoy the ride or chase it. Not sure when that day will come, but I plan on enjoying it myself.

I'm not debating the fact of whether or not this is a good or bad investment. I'm debating the logic that you continue to throw out about the impending reverse split. As I've stated several times in the past, this stock or any penny stock will only move when momentuem comes in, and there aren't a lot of new shares hitting the market (dilution). The momentuem can happen at any time, on any news release, or any group wants to push it, or may never happen at all. I tend to believe it will eventually because there is money to be made on low floaters like this one that move very fast, and traders know it.

ou should know the volume is completely tied to momentuem and awareness in any stock. The majority of free trading shares are being held fairly tight, either because they were bought at higher prices during the last run, or because they believe the company will prevail in the future.

We all have our own opinions about what may or may not happen here in the future, but the constant talk of a reverse split here is absured. When management owns over 95% of the oustanding shares, while retail traders own less than 5% it's hard to find logic in your position of a reverse split.

I do believe if we are going to review the current share structure it should all be current, not just what's posted on pinksheets company page.

The authorized and issued are current, but the float (free trading shares) has been reduced greater that 40%. Like it or not, the company's market cap is around 35% of annual revenues, and is extremely undervalued. As we all know in the penny game it's all about awareness and momentuem, and they have done a very poor job of bringing either of those to the table.

I have to agree with you on several points, but the reverse split you continue to mention in pretty much every post you make would be a far fetched idea lol. Even though the bloated share structure as you call it is in fact high, only a very small percentage of it is owned by retail shareholders. Less than 100 million shares are in the float (retail) while the remaining 2 billion are held by management. So, with those figures available can you tell me who would benefit from a reverse split.

Lakers was mistaken when he refered to insiders holding prefered shares. They actually hold restricted common shares, and there are no prefered shares issued or outstanding.

It's one thing to come to a board and debate the pros and cons of any company, which can be an educational and learning experience for newbies, and the way the board should be, but to get on any board and calling companies a POS, junk, ect... without any fundamental justification or basis to back up the claims is a waste of time for readers. I have always stated it's a smart move to listen too, and debate when necessary the nay-sayers of a stock, because many of their concerns often times have merit. Opinions and speculation on any board will always vary, so the more prudent thing to do is stick with the filings and sec reviewable documents for the most accurate information. Even this doesn't carry 100% accuracy, but it's the most reliable information one has to work on in this or any market.

You come here and slam the company/stock simply because you don't like it lol. We are all entitled to our opinions, but because of the lack of liquidity, the lack of awareness, and you want the share price to break out seems to be your reasons for such negative banter. You have yet to provide any fundamental operating reasons for your hatred of this company. I wish they would sart an awareness program just like many others here. I said awareness not a stock promo, since there is a huge difference when you promote based on principals, and not false or misleading press releases.

On the PM, I played that stock many years ago, and was an obvious scam from the beginning, just played the pump on it several times. All good scam companies have a viable product they can use to trap the investing public. When you start seeing the use of payed promoters, and the dillution soon to follow flags have to go up, which was the case there.

No problem bud, just give me a shout if needed.

Then what would be rosy in your eyes? The company sure needs to put fourth more effort to to bring in new investors, but that doesn't affect the fact that they have made great strides in revenues over the years. DD would actually show that only a limited number of these restrictes shares can hit the market during any given quarter, as well as many other things.

Looking at the financials and picking out numbers in certain areas of assets, cash on hand, and liabilities isn't a very astute way of understanding financials. The comapny had over 4 million in gross profit in 2012, after paying these liabilities they were left with over 500k in net profit. I'm not sure how or why you aren't understanding this.

Do ya really think that the cash on hand is what is ussed to pay all the capital used for operating activity lol. Remember the company has over 16.5 million in revenues, and a profit (after paying operation cost) of over 650k.

I know this is currently a pink sheet comapny, and anything can happen going forward. Each person has to determine their risk tollerance for MTPR and any company for that matter, but there is a bigger picture in play here that can't go un-noticed. Yhis is a profitable company that is increasing their year over year revenues in a big way, dillution is and has been non-existant, they have gone back and audited their financials from the beginning, along with many other positive developments. You have to ask yourself this question... Why would a non-reporting company spend hundreds of thousands of dollars going back to their inception and audit financials when it's not a requirement? Is there something in play here that we haven't been privy to yet? Who knows, but there is certainly a bigger picture in play here that hasn't been reveiled yet IMO.

agree, and so has that deferred compensation which tells me this was accumulated during the formatable years of the company. It seems they have been paying all current compensation as payroll, and this deferred stuff extends from the early years.

99.9 percent of the legitimate pink sheet stocks owe deferred compansation to founders and upper management. This is a way to prevent massive dillution, and the company will pay this compensation when it's in a position to do so. I believe this was the reason for the issuance of restrictive shares to insiders, and they will be retired as compensation is repaid.

Yes that was a fast and furious trading day for sure. This stock is explosive when volume volume shows up, and it will happen again in the future. It's important to remember there are rules and regulations regarding the amount of restricted shares that can be sold into the market by insiders in a given quarter. I know there are ways around these things happening, but the company has been good in the past about doing things above board for this market tier, so I wouldn't expect that to change in the future. Since all the restricted shares are held by insiders I belive the odds of getting serious dillution from the restricted shares are minimial.

I agree, and I also believe those that bought at the highs will certainly have an opportunity to profit in the future. I am under the impression that the run you are refering to was stopped by debt conversion. This stock ran from the 002 range to just under a penny in a matter of hours. Then I believe the debt converter began dumping shares which cause the share price to retreat that day. I also believe the company recently purchased the remaining shares from them as opposed to allowing them convert on the open market, thus the reason for the retirement of the 70 million shares.