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No Kidding .. i already voted for 3.125 per share ... and i'd do it again if given the chance LOL
i promised to quit my bitchin <Grin>
So i won't comment on the what we KNOW statement
other than to ASSUME makes an......yadda yadda yadda
Skeena,
Any kind of a Reply from IR to the E-Mail that you sent yesterday ?
Well Said ! Guess I'll just sit on my shares and quit my bitchin
"I don't think there're going to post a news release to satisfy a bunch of short term penny traders who are just waiting (pouncing) for the price to rise so as to make a quick profit (maybe killing). They have a pretty good history of news releases if you look on their website.
Sure it's painful to watch the price go down. But I'm sure you must realize that's the risk of short term trading."
Well, that was a positive move ! I applaud your initiative and creative thinking. Now, lets see if you get past the Stone Wall that I have encountered when dealing with this company since the "Deal" blew up in their and our collective faces. If not, maybe you will feel some of the frustration I have felt, and been venting on the board.
Good luck, I hope you recieve a reply.
Go Blow
"got this from a reliable person HSM."
What does HSM mean?
and if i read your posting correctly, YOU did not get that from MTDX IR, someone Else got it and told you about it ?
Sounds like the old Friend of a Friend of my cousins buddys brother said ............
in other words we still don't have a CLUE what is REALLY going on !
If that indeed is legit, and not just another stalling tactic to keep the Price per share from hitting rock bottom for another few days, and I hope it IS legit. It sure would be nice if the could give some guidance as to a worst case and best case sceanrio as to when they might be able to make SOME kind of an announcement.
Be On The Lookout, Missing In Action
Motion DNA's Investor Relations Team
Last seen making a run for the Border with wheelbarrow's full of YOUR Cash !!!!! (and sadly, mine too)
Why should they do that, when they can treat us all like mushrooms and buy them a lot cheaper?
I cannot speak for MOST of the posters, but you hit the nail on the head with THIS poster. I agree with you that investing in this company for the short term profit was a risky venture, and i did not think it all the way thru to all of the possible resolutions. MY FAULT, I accept the blame. I do not think i have ever blamed anyone else, or done the why me whine. However, I DO think that the company's failure to communicate with their investors for the past two weeks is at the very least RUDE, and certainly irresponsible and inconsiderate.
Even the Long Term Investors don't have any more information than short term investors like me. Just for the record, i think the Press Release of Wed the 22nd of June was totally irresponsible and borderlined on being an outright lie. I suspect they already KNEW what the eventual outcome was going to be even as they prepared and released that Press Release.
Damn,I really would have liked to lose that bet.
I'm not Nellie ... but i AM kinda nervous about this one ....
Quite honestly its my own fault tho, i put too much money into this one without doing enough due dilligence.
No sense pointing the finger anywhere else!
I am sure she couldn't give you any specific guidance as to what is going on in the meetings, but what makes you think that something good may actually come after all this time?
Was she able to say anything about when they might be releasing some Offical word as to what if anything is going on behind those closed doors ?
It still bothers me that they issued a press release on Wedensday the 22nd denying what eventually turned out to be the TRUTH as evidenced by the press release 24 hours later announcing a 86% to 14% no Vote.
There hasn't been any Official word since the 24th when they announced continuing negotiations. I understand that these things take time, but SOME kind of guidance would be helpful.
It is my feeling that if there was any Positive news, they would be quick to run it up the flagpole. It is my humble opinion that the continued lack of news does not bode well .
just called, the gal that answered the phone said Investor Relations Phone lines have been busy all morning, can i take a message, so i left my name and number, any bets on when or IF i ever get a call back ?
Any Luck yet ?
Well, if we are betting, I'll bet tomorrow is another day of a big fat ZERO from MTDX and their IR "Team" but I hope I am Wrong.
Personally .... i'd hate to wonder all weekend ... but i think the impact would be MUCH better if they waited to post positive news on Tuesday Morning .... Traders will be back, fresh after a 3 or 4 day weekend ... feeling optimistic and spendy .... Good News Tuesday Morning Bright and Early would be much better than a press release this afternoon that would be old stale news by Tuesday ... jsut my humble opinion !
They say a watched pot never boils, and I feel like I gotta stop staring at this pot. I hope you are right about some kind of a Press Release with positive news. However, I kinda doubt it. The guys that are spending money on this company aren't in any big rush to empty their bank accounts. Our desire for a quick agreement is just that, OUR perspective. It wouldn't surprise me for the eventual agreement, IF they are really working on one, to be something less than we are hoping for. However, all that having been said. I HOPE you are right. I have Wayyyyyy more money tied up in this than I should.
Cash Flow Positive is a good thing, but just because she SAYS it doesn't make it so. Remember this company doesn't file financial's. ONE positive thing I read into the buyout agreement, and that caused me to invest as heavily as I did was the Really LOW amount of debt that the company is carrying. Section 1.01(a) defines liabilities of MTDX as not to exceed 1.1 million dollars. In today's world, that's pittance. There have been times in my life when I I have owed more money than that individually. .
Here's to a Happy Fourth of July to all, and GREAT News either today or shortly after the Fourth.
With all due respect, where did you hear that ?
First indication we have had one way or another since the Press Release of the 24th.
Thanks for posting, just wondering where you got your information.
and pardon my skepticism .. but positive for WHOM ? <Grin>
Sure would be nice if Investor relations posted some of the topics at the meetings, and the results and directions things are headed. They could post this information on the company website and save the expense of a Press Release.
Just out of Curiosity, Has anyone been able to find ANYTHING about Formula 51-2 LLC NOT connected to this specific transaction? Thats been bothering me too !
Wouldn't you thing there would be something on the internet about all this
About Formula 51-2, LLC:
Formula 51-2, LLC is an Arizona investment company. The company was
organized under the laws of the state of Arizona on June 6, 2003, by former
NFL all-pro football player Jamir Miller. Now retired from professional
football where he starred on professional teams in Cleveland and Arizona,
Miller has undertaken several business ventures, including a real estate
development company and a food processing center, among other business
ventures. Formula 51-2's mission is to locate and enhance existing,
undervalued businesses through investments, mergers and acquisitions.
i remember that, and it has been bothering me,
does it strike you as irresposible to do a press release denying what turned out to be overwhelmingly TRUE ?
i mean Really 86 % to 14% they knew Early on the 22nd how this thing was gonna turn out, and they left the share holders hanging until the evening of the 23rd. Almost like they were trying to milk the sales of the last few high priced shares
However, it was a rumor that they squashed with a press release ... maybe we should start a rumor and see what kind of a reaction we get !
Too Many Leaks ?????
WHAT Leaks ...
I haven't percieved a DROP of accurate information that didn't come thru a press release.
The fact that NO ONE seemed to have a clue which way the vote was going to turn out until the press release hit the wire speaks volumes about how well this company controls information.
At least thats MY Perception...
if you get any information please share it with me .. i won't tell anyone <Grin>
yes, and pass a note to IR, Thanks for Nothing in the PR department Today <Grin>
I would agree, I would rather they wait till they have a solid agreement with all the i's dotted and t's crossed. Something that ALL of the board can agree on. so that we do NOT have to go thru the wringer once again!
This has been a very discouraging experience for me.
It would be nice to see things turn around and turn out for the best.
Little blooper PR's will only tease and frustrate, I wanna see them knock this one out of the park with the next Press Release. If it takes a few more days to get an ironclad buyout agreement it will be worth the wait.
FWIW, the more eagerly I anticipate the PR, the later it has been. Dag Nab it ! so I am TRYING to take a very laid back approach on this one ! However, to say I am succeeding at taking that laid back approach would be stretching the truth a bit. Guess thats why I snapped at another poster. Once again, my apologies !
i DO understand your frustration ... i share the feeling ... Peace ????
that was NOT a lie, it was a verbatum quote from my conversation with the woman at IR.
read the quote carefully!
i didn't asker if it WAS good news,
i was asking if good news for US was good news for HER and she said yes ...
i was fishing for some kind of a read on the situation .... and shared MY impression ... that doesn't make it a lie.
It makes it a very bad read on what the situation really turned out to be. But hey, if your crystal ball was any better, you wouldn't be in the same boat with me, on the same creek without a paddle, making whiney butt posts about "Where is my Press Release"
I may have shared information that was inaccurate. And if I later found that the information I shared was indeed inaccurate, I posted that the information I shared was inaccurate, or, if someone else found the inaccuracy first was quick(i hope) to fess up to my inaccurate statement/s But for the record, I have NEVER intentionally LIED to anyone on this board with regard to this stock.
Billyjean ..... Take a Chill Pill Man ....
About the only PR i see coming down the pike is gonna read something like this
NEWSFLASH: You Got Screwed!
I hope i am wrong, if you read my prior postings you will know i bet ALL my milk money on this one.
one thing that impressed me about the company was that there was only 1.1 Million dollars of Debt for F51-2 to assume.
Thats NOTHING ... hell, i have owed more than that Personally in my life.
anyway ... off for a weekend of sailboat racing, Good Luck To All c ya next week
I Hope everything comes out ok !
Mention my name, you'll get a good seat
Don't use your MTDX Stock certificates for Toilet Paper just yet!
This dog may yet hunt !
18.1 million shares issued and outstanding
5.86 million of those shares were "Rule 504 Free Trading Shares
remaining 12.4 million shares were "Rule 144 Restricted Shares" but still eligible to Vote
86% of the eligible shares either voted NO, or chose to abstain
66% of the eligible shares were restricted shares held by WHO ?
33% of the eligible shares COULD have been held by folks like you and me. How many of those shares were held by company insiders? How many NO votes were abstentions by people that didn't open their mail or were on vacation or whatever.
Which of the board voted against this and WHY
Gawd, i just want to understand how I mis judged this whole thing so badly. I have never lost this much money at one time in all my life. (well, not counting Divorce) but at least i KNEW what went wrong there
Now that this is all said and done, at least this chapter, I feel like I have allowed myself to be scammed. I should have done more DD. In doing a Web search, I can find NOTHING about Formula 51-2, LLC Except press releases pertaining to THIS buyout. Nothing about Jamir Miller except his Pro Football career and THIS buyout. Something smells VERY Fishy to me. As someone else asked, who was selling shares? Who made the money. That is the key to finding out what really happened. Follow the Money.
Upcoming press releases may make promises to keep people pacified for the short term, but I rather suspect our names will be added to the list of names that lost their financial butts on this company. I HOPE I am wrong, but the old saying goes, Wall Street climbs the wall of worry the slides down the wall of hope, and I've got a whole raft of splinters in my butt on this one.
To Assume Makes an Ass of U and Me.
I had assumed all the way along that Zig Zieglar was the well known motiviational speaker from Texas ....
Turns out this is a Different Zig ZieglEr.
Shame Shame Shame on me !
Is EVERYTHING with this company just a little off kilter and was it all a big scam ?
Why can't if seem to find ANY real information on Jamir Miller and Formula 51-2, LLC ?
I KNOW its wayyyyy too late to be asking these questions .... but if i just lose the money and don't learn from the experience then i am destined to repeat the mistake.
I haven't yet sold, but i feel like i've been gut punched .... i rather suspect the money is gone.
i should have known better, regular guys like me don't catch a break like this ...... i'll be staying away from the pinks from now on ! I read for a long time before i started posting. so i feel like i know you better than you know me.
Anyway, Good luck to all of you in the future.
she told ME that 35 minutes ago .. then when i called back she said all the IR people were unavailable
Why Tuesday ????????
i just called, at :46 after the hour investor relations just got out of a meeting ..... Cross your fingers folks, we should know soon !