Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
lol I chuckle at the delusional people who come up with that line and think that people like you and myself are "shorts" trying to kill the stock.
I'm CEOs are just trying to get rid of weak hands haha.
If the 10Q and S-1 were released today and looked good, this thing probably would have been over a penny easily and I could finally dump this POS.
Now, will this delay cause a drop to .0040 and when released, the gain will only go to the .008's?
I feel like Friedman kills the stock's mojo. This stock was sitting "ok" at .0060 going into today, but he had to kill it.
The thing about the NT-10Q is it starts to get people worried this stock might be delisted next... are they going to add an E in 5 days? What's next... the MWIPQ? Not sure how 5 extra days makes much difference when your revenue is so small.
This is ridiculous... another delay.
Not sure what to expect; that's the gamble. I figured the numbers would have been good last quarter and they weren't. If the latest PR is legit, September alone should have produced $20K in revenue, which is more than double the previous quarters. That doesn't include July and August. I guess we shall see.
The CEO has lied and released fraudulent PRs... that is why I am not too optimistic. I base my investment decisions on the fact these guys don't lie... I suppose being naive/gullable is my fault.
Nope, been bagholding since February.
I believe this stock will get pumped up again so I can make my losses back.
People who sit "a lil" are the ones who don't make money since this stock just continues to drop.
The stock is down 50% since the July name change from CMSI to MWIP. What is there to be happy about? Oh, instead of being down 65% since July, only down 50% since July! Positive spin!
It's due Tuesday, November 15th (45 days from end of quarter). Friedman was late last quarter so we'll see.
lol exactly... i could put in a buy order for 500 shares at .01 and this thing will hit a penny, but it will just come back down. 1 or 2 trades means nothing.
Pretty sad when a CEO says that.
I doubt anyone here being negative has a hidden agenda. People are negative because a lot of people here are at BIG LOSSES. I first bought in 9 months ago at .0170 and after averaging down I am around the penny mark.
No Hidden agenda here, I want to make money... but I am also realistic.
People think this is set in stone to run, why? If it were, the price would be a lot higher now.
1st of all, we don't even know if FrAUDman will file the S-1 or 10Q. Assuming he does file, how do we know the 10Q will be good? It could be another dose of FRAUD from FrAUDman with $10K in revenue, increasing expenses, and another scare that they might not secure financing to continue operations.
Next is the S-1. I own 500,000 shares. What if the spin-off and free shares are at .0001 value? All those people saying you would "double up" on this stock will be wrong and all I made was $50 from the spin-off.
Looks like Dean was right...
I agree... although yesterday was great, this happened back in late September. The price went up without news from the .004's to the .007's and a day later it was back.
Right now would be a perfect time for a PR from Friedman stating VISA wants to buyout MWIP for $1.00 a share.
It's about time some legit DD has been done and posted here, besides the typical "I see the chart showing to the moon" garbage.
Good post.
Can you say timber? I knew yesterday's gain was a fluke.
Considering he has been a month and a half late with the S-1 and he was late with the 10Q last quarter, still not sure why people would put money into it... but hey, if the price goes up... yippee?
Why? Was there news? Why is the stock up today?
The quarter includes July and August... the question is... how much was processed those 2 months? That will be in the 10Q.
For some reason, I smell another $8K revenue quarter. I hope I am wrong.
Oh I see.... so the 8 million was the agreement, but 2 million is all that is processed. What happened to the other 6?
Wow Friedman... you make me sick.
The $2 Million should be in addition to the $8 Million... from both PRs:
today announced new merchant services agreements for September exceeding eight million ($8,000,000) dollars in monthly gross processing volume. The new merchant processing agreements include wellness centers, e-commerce and high risk merchant accounts.
today announced the Company has processed nearly two million dollars ($2,000,000) in medical and wellness merchant transactions for clients within the health services sector for the months of September and October 2011.
I'm guessing the $2 million is from the "health services sector" ???
It has to be in addition right? If not, Friedman should be investigated for fraud and pumping the stock back in mid-september.
Neo... have you "contacted Friedman" to ask him what is going on with his ponzi scheme?
Most of you don't seem to get it... he hasn't done ANYTHING with this company. If he did... why did the last 10K show 32K in Annual Revenue? Why did the following 10Q show 8K in revenue? Do you realize what the number is? I'm an average college graduate Joe and I earn almost double in 12 months what MWIP's revenue is in 15 months.
Now I understand there are R&D companies that never have revenue and are trying to generate a product... this isn't the type of company MWIP is so NO EXCUSE.
All he has done is spit out garbage PRs with no proof or results to show for it.
All of you who keep saying "Friedman has done so much" ... WHAT? What has he done? The stock price is at the all-time low and revenue is non-existant... WHAT has he done?
Please tell me...
lol Fraudman... that is great.
It's is quite comical how people try to defend him. The reason I am negative and pessimistic is because I have seen this before. They all seem to play out this way.
I think going forward I need to stay away from pennies and try the big stocks.
Like I said before, I really could careless about the S1 filing/dividend... it wasn't really needed... BUT, you can't say you're going to do something and gets shareholder's hopes up and NOT come through. This guy is clueless...
It's funny how when it wasn't announced by September 30th, people were saying "well he has until 6PM tonight" and next it was "he has until midnight PST." When he comes out with his next PR "few days is 3 days, give him time"
It's a joke... I am pretty shocked he took it this far. It is October 19th! LOL!
It wouldn't shock me if next PR was "CEO dragged away by SEC/FBI and thrown into jail."
Neo, where have you been? Don't tell me you finally jumped ship! I thought you said you would contact Friedman if no filing?
How are you not red? When the all-time low is .0039 and the current price is .0047... I bet 99.9% of shareholders are red right now...
well... a .25% annual interest rate seems better than losing 100% of my investment lol.
lol can you believe this guy? I mean this is an absolute joke.
Looks like the people who dumped back in Mid-September were smart not to wait around.
You are 100% correct... anyone remember this PR from August?
insert-text-here
Proof right there thatr he could come out and just cancel it.
I laugh when people say they will load up if the price drops. It sounds like a pure pump.
Isn't it usually a bad thing when a stock keeps dropping? Why would you "load up" as negativity continues to swirl. Sounds risky/crazy to me.
17 days and counting... pathetic...
What do you mean they bring it? This stock is near it's all time low. Nothing has been "brought."
Occasional Pumping PRs are what brings this stock price up from time to time, but the price ends up coming back down and goes lower. Why? Because audited financials proving the PRs aren't fluff is what keeps the price up. All Friedman has brought is a few occasional fluff PRs which never come to fruition.
Right now, he runs a company that is worth less than a McDonald's employee's annual salary.
The CEO mentioned the spinoff in his June 9th shareholder letter. I was under the impression it would happen within 90 days, by September 9th... since he did say he was outlining the next 90 days.
Well, he said September 30. Next he said a few more days on October 5th, and another few more days...
It's a complete joke...
I didn't think this company had any connection with the MMJ sector anymore. I thought the whole business model changed and they started at square one.
When you say moving in the right direction... you're not talking about share price I assume? That has been moving in the wrong direction for a year now...
Right... but I have been on this board for a while and read other boards to. I see people posting garbage like "L2 is thin all the way to .03!" What does that mean? The stock never runs... Support/Resistance is all garbage and never accurate. I never see any of it come to fruition.
I don't get it... you made a bunch of posts talking about "L2 looks good" and the price never went up... now "L2 looks sad" ... why would the price go down?
By the way, I think all this L2/chart stuff is garbage and never accurate.