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Yep me to. They bring very good banter to the board.
GLTAL
I have missed you. Glad to see your back. Every penny stock needs a negative nellie on the chat board.
GLTAL.
That would be my take to correct the inventory value.
Chart is starting an uptrend. With all the News coming maybe we finally break the .008's and hold it.
GLTAL
The value of the stock (100,000,000) shares on the day of the transaction was 700,000, that's why it is listed $700,000 for stock transaction/jersey. Not sure why the inventory numbers don't jive. The 1.2 million is closer to what the actual should be accounting for the jersey at $700,000. The retail price does not matter until it is sold. Then the filings will include that value in Sales.
From GROK on the einstein document...The value of the Albert Einstein signed historic confidential document sent to President Roosevelt in 1944 is not directly mentioned in the provided information. However, there is a reference to an auction where four autographed letters from Albert Einstein to his math colleague Herman Müntz are being sold, which could provide some context for the potential value of such a document. Additionally, an iconic autographed photo of Einstein was sold at auction for $125,000 in 2017. Given the historical significance and the unique nature of the document in question, it is likely that the value would be substantial, possibly in a similar range to the auction prices mentioned for other Einstein memorabilia.
What does the board think of the tweet today, I have had traders tell me they estimate the value being 200-300K because of the historical value, could be more.
Back to back tweets will we see more?
Liking this high end memorabilia thing.
Keep it up Marshall, your making me a believer.
GLTAL
Filings out. Small gross profit, expenses down big time 34K. Inventory value up 700K due to the value of shares in the transaction as previously stated.
Not used to seeing such a clean filing in the OTC. Setup nicely to show very good revenues in the next qtr., with all the multi-million $$ transactions coming.
When the OTC finally finds this gem, we are going for a nice ride. Not on hype, it will be based on real revenues and profits.
https://www.otcmarkets.com/otcapi/company/financial-report/402484/content
GLTAL
Usually the courts grant the custodian the shell. Previous dark shells I have been in were complete with the court within 60 days.
Getting the filings current and pink current can be 30 days to 6 months. Depends on the lawyer's and how much has to be cleaned up.
So we may have a Pink reporting shell from 60 days to 8 months. I have waited 3 years what's another 6 months to hit the motherload.
GLTAL
Longs, we have waited 2-3 years for what we are seeing today, with much more coming. Lets focus on what Marshall has accomplished in the last 6 months.
In 25 years of trading pennies, I can count on one hand the number of OTC/penny stocks that have canceled shares and returned them. He is buying assets with shares .10 on the dollar. He has a nice bank of shares that he is using to grow the company, exactly what you want a public company to do.
Let him continue to make things happen. We know we have a merger coming with RGU....what will that be worth to MDCE. RGU already has revenues and rumored profits. With more auctions needing RGU type services we are going to go on a growth spurt.
Start focusing on the good, and you may find Investors being drawn to the company.
GLTAL
Thanks for the detail post MITI. Exactly where I am tracking.
The QTR filing should give us a few more facts of the assets. Inventory will be up over 500k due to the value of the James jersey.
Hearing he is getting more clients to auction their memorabilia. Next auction should be very interesting.
GLTAL
Stock, I posted the initial stock conversion info, not the good doc, he was just reposting it for any newbies.
I only posted what is currently being considered, and they are not canceled, they would move to preferred as he has stated many times. This would still be beneficial to SH.
It's clear Marshall is using those restricted shares, to acquire assets.
Lets let him finish the changes and update us, or as you stated you will just sell and move on. Your choice as always.
I have to wonder when you are going to take a position. You once said many moons ago you liked the play.
That was before things matured.
GLTAL
True, with much more on the way.
Good morning board, is this the week we finally get some vol. Looking forward to MDCE NEWS.
GLTAL.
Update1....For NEW board participants, MDCE DD current to what is coming in the next week to 30 day days. As well as some speculation that could be huge.
1. Filings out the week of the 15th showing inventory up at least 500k due to James jersey acquisition. Jersey retail est. 5 million. Someone gave up a 5 mil jersey for 500-600k of value in shares WHY?
2. Cancellation of 500 million shares in process. Possibly an additional 1.5 B converted to preferred per CEO. Float of 910 million, with 400M DTC shares.
3. In control of a Jordan jersey worth 20 million retail.
4. Merger with RGU, (realgameused) CEO's private company. RGU is well known in the industry. I have seen multiple high end memorabilia appraised by RGU. Micheal Jackson's glove as an example. This was listed on a competitor's site. Already has large auction sites under contract. Could already be profitable.
5. CEO has mentioned non-dilutive financing as a solution for the NFL licenses.
6. NFL memorabilia licenses, possible 2 this year per CEO.
7. Explosive revenues and profits in a very hot sector (memorabilia)
8. Ceo has talked about adding more assets with his restricted shares. Assets acquired for .10 on the dollar for restricted shares is always good. Example the James jersey.
9. Sector has been consolidating over the last 6 months. MDCE is in a perfect position for merger or acquisition, with no debt and restricted shares owned by the CEO.
Thanks guy. Just making it clear what is happening here.
GLTAL
I do both, trade and hold long. The trades I don't concern myself with the DD and where the company is going...trade the trade. With long holds I evaluate the management and their business plan, The O/S, and any current or future dilution to the O/S. We are just now getting to implementing the business plan.
Let's see how the CEO (Marshall) does over the next 30-60 days. He has had a couple false starts which has caused longs grief. Typical of a penny stock you mentioned.
GLTAL
I learn something every day. I remember when I learned how important the O/S was to the value of a company. I also learned many years ago how a small float/DTC number traders could use that info to manipulate a stock on a pump and dump. Happens every week in the market.
Keep focusing on the DTC number, I get it. I will focus on the one number all professionals use to value a real company with revenues and profits.
LOL, your right float matters if your a trader, not so much if your long. What really matters is total shares (O/S) as that is what is used to value a company and the only number that is used.
Nobody values a company based on the Float or DTC number, which many times are different numbers. With MDCE, DTC is actually lower than the quoted float number on the OTC site.
Why are you trying to discredit what is a standard in the market? Accept it and move on, as I do with your posts on the DTC number, I get it the number is going up. Now tell me how the DTC number affects the value of MDCE, as the O/S which is currently going down surely does. There is a reason that buy backs and share cancellations increase share price. Also an increase in O/S lowers share price. It really is a pretty simple concept.
GLTAL
There has been a lot of discussion the last couple weeks about the DTC number of shares going up. The reason it is brought up is traders know that it affects momentum. It is always spun as negative, especially if the trader is trying to pick up cheap shares. You have to know the game. If your long the stock and believe in it's future growth it has no bearing, focus on O/S which in this company is going down, -500 million and is used to value a real company. Traders vs. Longs, what is your focus.
I have made it clear I am a long as others on this board. I don't care about the day to day with MDCE, it's more about the direction of the company, the plan and the growth rate. I trade other stocks based on MOMO, so I get it. The real money is made finding the right company and adding shares while it is cheap and you can get size. Two examples of this concept, TMMI .015 to 2.75 in 2000 over 60 days, ENZC, .0005 to .95 over 6 months in 2021. I was in both and a couple others also. I am getting the same sense with MDCE, and a large move is coming, let's see if the CEO is finally ready to show us why he took over this shell. It sure isn't to be a small auction house.
There are others that are traders and focus on when to take a position and trade the momo. We will be seeing more traders coming to the board as the momo starts with news releases hitting. If your a trader take profits and move on to the next opportunity. If your long buy the dips, as it promises to be a great ride IMO.
GLTAL
WE have all been waiting for Marshall to release all the news. Is it time, he has had a couple false starts.
IMO the canceling of 500 million shares news release starts the momentum.
Should not be long now.
Thanks for the DD you have provided. I hope everyone on the board has paid attention.
More DD, Click the link and scroll down the page to see RGU, (real game used.com)
Incoming merger with other auction houses using his services. When complete the company MDCE will be profitable.
https://marshallperkins.com/
You are here paying attention. I wonder when you will jump in to catch the momentum.
You can't miss a stock with a nice move coming....just a matter of when.
Update....For NEW board participants Why MDCE DD in the next 30-60 days.
1. Filings out the week of the 15th showing inventory up at least 500k due to James jersey acquisition. Jersey retail est. 5 million Possible profitable for the qtr.
2. Cancellation of 500 million shares in process. Possibly an additional 1.5 B converted to preferred per CEO. Float of 910 million, with 400M DTC shares.
3. In control of a Jordan jersey worth 20 million retail.
4. Merger with RGU, (realgameused) CEO's private company. RGU is well known in the industry. I have seen multiple high end memorabilia appraised by RGU. Micheal Jackson's glove as an example. This was listed on a competitor's site.
5. CEO has mentioned non-dilutive financing.
6. NFL memorabilia licenses, possible 2 this year.
7. Explosive revenues and profits in a very hot sector (memorabilia)
Focus on the O/S, it is going down 500 million, direct to valuation. I get why you focus on DTC or float you are trying manipulate the stock.
I will continue to focus on what has worked for 25 years.
Float did not change, still 910 million. DTC shares went up 18 million.
None of this matters to company valuation. Concentrate on O/S, which is what real companies are valued on. O/S will be going down 500 million, just waiting for OTC to update.
GLTAL
Marshall has made some believer's, you have helped with getting the word out.
It is time to see if Marshall has the goods. Let's see if he comes thru, or we remain locked in sub penny land.
If so you will be able to take a great big bow.
GLTAL.
Lets focus on the company and what they are bringing over the next couple weeks.
Some traders concentrate on other traders and what they may be doing. I prefer to focus on the company and what they are doing.
If they are building a profitable company thru acquisitions of high end memorabilia and mergers, I am all in. Nothing else matters as most longs in any stock know.
Within 2 weeks we should know if we have a real growing company, or a sub penny stock destined to remain sub penny.
You put your money in and play the game or stand aside and watch.
Vol. will confirm what is coming. Lets see if we get any.
GLTAL
For those looking for MDCE DD. Hopefully
we can add to it as promised news comes out. Will we finally get vol., that will be key.
.$MDCE, .0029, Float of 910 million, with 400M DTC shares. Why MDCE DD in the next 30-60 days.
— Easymonee (@easymonee_tom) May 11, 2024
1. Revenues and profits exploding in a very hot sector, IMO
2. Filings out the week of the 15th showing inventory up at least 500k due to James jersey acquisition. Jersey retail est. 5…
I am hearing the same thing MITIman. The share reduction should be anytime. Also 1st qtr filings should hit this week.
What I would really like to see is a profitable qtr. with audited financials. He hired an auditor late last year, with very good credential's.
Welcome to the board...
The current website is, https://infiniteauctions.com/default.aspx. Up until the end of last year there was a small business plan on the tab, about us. It has been taken down as I believe it no longer fits the direction of the company.
Most on this board have asked for an update to the business plan. IMO with a small staff they are being stretched beyond capabilities.
The website of the CEO's private company RGU that will be merging into MDCE, https://realgameused.com/. Currently not announced but stated by the CEO.
If the CEO follows thru with what he has been telling us, we will all do well. Most on the board have bought this as a shell and have been here for over 2 years waiting for the CEO to fulfill his plan. The overall market killed any expansion in the last 2 years. Most of us have held because of the CEO, he has been in the memorabilia arena for years, is credible, and has no intention of diluting the stock (something impossible to find in the penny world.)
Others can fill you in with their experience
Gltu
For NEW board participants Why MDCE DD in the next 30-60 days.
1. Filings out the week of the 15th showing inventory up at least 500k due to James jersey acquisition. Jersey retail est. 5 million Possible profitable for the qtr.
2. Cancellation of 500 million shares in process. Possibly an additional 1.5 B converted to preferred per CEO. Float of 910 million, with 400M DTC shares.
3. In control of a Jordan jersey worth 20 million retail.
4. Merger with RGU, (realgameused) CEO's private company. RGU is well known in the industry. I have seen multiple high end memorabilia appraised by RGU. Micheal Jackson's glove as an example. This was listed on a competitor's site.
CEO has mentioned non-dilutive financing.
NFL memorabilia licenses, possible 2 this year.
Does anyone remember the gross Sales form the last auction. I am thinking it was 250K?
Let me know if you have a better number.
Next week we get financials for the 1st qtr. Should see an increase in inventory of at least 500k with the new jersey. With private sales maybe we see a profitable qtr. Looking forward to hearing about the cancelation of the 500 million shares.
News on share cancelation...
🚨 Exciting News for Investors 🚨 We’re thrilled to announce that MDCE has taking a major step to enhance shareholder value. Our company is initiating a process to reduce the outstanding share count by 500,000,000 shares. Thank you for your support and more news to come. $MDCE… pic.twitter.com/Vx1wutqzgk
— Infinite Auctions (@bidsellconsign) April 25, 2024
OH wow...The Jordan jersey. We have been getting hints.
A $20,000,000 Michael Jordan Jersey exists that has it’s value concealed in an untold story. There’s no one better at memorabilia research than Marshall Perkins, CEO of Real Game Used (RGU). The genius of expert research is about the work NOT brands and media manipulation… More… pic.twitter.com/wdUt9BkTu7
— Infinite Auctions (@bidsellconsign) April 23, 2024
Also news organizations that cover the sector.
The buying continues, If they cancel shares, the share structure is going to be setup for a nice run.
GLTAL
Check out who is tagged in this latest MDCE Tweet. Click below the picture for the 7 tagged.
The Archives…The Imagery associated with Game Worn Sports Memorabilia is what gives these items definitive meaning and immense value. Check out this amazing 97-98’ Michael Jordan Jersey that is one of our many sales of historic hobby discoveries. Today this jersey is worth… pic.twitter.com/WTJvdqx2M9
— Infinite Auctions (@bidsellconsign) April 22, 2024
Thanks for the link BJ. Impressive video from the big boys discussing the sector and the growth it's going thru.
Perfect timing Marshall to get the word out about little old MDCE. I wonder if we will see Mr. Wonderful in the future with his high end watches. Imagine a partnership with Mr. Wonderful(Speculation)
https://www.foxbusiness.com/shows/varney-co#