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Clearly the market is unimpressed with promises of BIG news. We will see nothing but a downwards trend if and until we get significant good news. It's that simple. Again... WHERE IS THE BEEF?
I'm wondering what the "near future" might be. In geologic terms that could be millions of years. In the life of some microorganisms... a few seconds. What's that mean to us?
I'd be interested in knowing more about your "Book of Laws" and what else might be in it.
Clearly the market is NOT yet impressed with MDOR's return to Non-"E" status. My question is: WHERE is the beef? There will be NO appreciable upward movement in the SP until some SIGNIFICANT news is released. Something that has a lot more impact than yet another flavor of buffing. Even something as small as we're running 3 shifts 24/7 would say more than we're making (or CAN make) gray buffings.
Yes, I am impatient. We have been told many times to expect joint ventures, non-dilutive financing... and new clients who want to buy the much more profitable powders... to make re-instated virgin rubber. THESE are the kind of things we need to have happen to make this move.... nothing short of one or more of these things happening will make the SP go up. So... I ask once again... WHERE IS THE BEEF?
I and ALL the other people who have bought stock in MDOR are SHAREHOLDERS. Perhaps it might be useful to discuss what it means philosophically and legally to be a shareholder?
If you aren't open to an opinion or idea that conflicts with yours, please feel free to put me on ignore. I wish you well with your investment.
It was my understanding that this board is to discuss ANYthing relevant to MDOR... be it good OR bad. A forum for investors to share information, and discuss our thoughts about the company and its performance or lack thereof. Are you saying that it is your belief that this board's sole purpose is to highlite ONLY positive things related to MDOR?
"most" would be over 1/2 of the people you might ask.... however there would have to be some sort of control in place, since if you asked those who benefitted from the 26 million shares... you would get a totally different answer from those who have experienced significant dilution. My contention is that those who think it isn't a lot... somehow benefit from the situation.
I certainly disagree with you, and I suspect that most others do as well.
Was that your buy... of 200 shares for .505?
NOBODY expects management to work for nothing. 26 million shares in most people's view is just absurd. And I have to ask myself who wouldn't think so... and why? I know where you can get a few truckloads of gray buffings... if you're interested.
I hope you have DEEEEEP pockets and buy a kazillion shares.
NOT big news. Not BAD news... but really.... very inconsequential. Big deal... another color of buffing. So what? We need BIG NEWS. Financing, a joint venture, or... a/some HUGE orders.... ANYthing short of that means just about nothing for the SP... so why bother? In fact... this kind of NOTHING news seems more like a desperate attempt to say SOMEthing... when they have NOTHING to say.
It will be interesting to see how the market views this huge dilution. If we don't get some SIGNIFICANT and impressive news soon, I expect the SP to take a dive.
Now that the dilution bomb has been dropped... Does ANYone besides me now feel much stronger about why the reporting was long overdue?
I think that all the promotion going on for the last couple of months was in an attempt to push the SP high enough that the shareholders wouldn't mind this super-dilution. Apparently there simply hasn't been any really significant news to release that would affect the SP. Going forward... if we don't get some really impressive news and Fast... I expect the SP to drop by at least 1/3. I think the street will tell us just what this is worth... and right now... I'm completely unimpressed with the greed of the Chad Squad.... and I trust them even less.
45.7 MILLION shares outstanding.... on Eturd. A market cap of 23.3 million... This clearly blows away the over $2 a share valuation/target.... as there are now more than twice as many shares outstanding as there were when this was declared. Apparently Richie and I are the only ones upset about this? Surfguy... they're messin' with your trust on this. Hope you call up your contacts and ask 'em what the heck is going on with this. Who got the $13 million (26 million shares at .50) is what I'd like to know.. and how can they justify so much? I certainly feel like Chad is getting really greedy with this... and is NOT even remotely interested in any shareholders other than himself...
Richie... it IS basically worse than a reverse 2 for 1 split... is what it amounts to. Surfguy... this is EXACTLY the kind of thing I have been hoping to NOT see, but there it is. Clearly Chad and his buddies are lining their pockets and telling us all that they aren't. Trust me... you'll see this kind of thing again and again.
Well over 26 million reasons.
With only 1260 shares trades so far... that isn't exactly stellar news. And... the ask has dropped to .51
did you NOT see that Chad got $300K in compensation last year?
You call 26 MILLION shares MINIMAL?
If this isn't dilution... WHAT is?
Cede & Co.
Nominee name for The Depository Trust Company, a large clearing house that holds shares in its name for banks, brokers and institutions in order to expedite the sale and transfer of stock.
So.... WHO is the beneficiary of that HUGE pile of shares? I REALLY do NOT like the looks of this. Someone has gone to great lengths to keep their identity hidden.
and who is this?
Cede & Co. 6,706,261 41.61%
P.O. Box 222
Bowling Green Station
New York, NY 10274
During November 2008, the Company issued an aggregate of 29,510,000 shares of common stock for consulting services and bonuses valued at $4,433,500. The common stock was issued in lieu of cash payments, and was valued at prices based on the closing market prices on the date the Board of Directors authorized these issuances.
I wish we could get past this really SLOW trading period... I think that there are a lot of potential investors just sitting on the sidelines waiting to see what the outcome of the late filing is. IF it is "all good" as they say... I think we'll see a rather substantial immediate upward trend. On the other hand, if there are any negative surprises... well, then not so good...
What I DO like... is how we managed to get such large contracts without a single piece of equipment in place. I also understand that nuggets are NOT where the bigger money is. With such a quickly developing company there are bound to be some rather quick, strategic decisions made regarding business plans. It would make sense to me to hear that it simply isn't worth us buying equipment to fulfill an open contract that ultimately is only a short term product for us. Spreelast came and went.... Still want to know more about what the heck happened there... and from what I can understand it seems as if we got lucky with that relationship dissolving anyhow.
What I DON'T like... is not being kept abreast of how some of these decisions were made and what the impact of them will be for us...
From what I recall... Nugget equipment was SUPPOSEDLY ordered and expected to be delivered/installed SEVERAL months ago. Since then I DO recall them saying that at least some portion of the existing nugget contract would be outsourced. I, too... would like to have some idea as to what the particulars of the outsourcing has been to date... ie. What quantity is/has/will be shipped and what kind of cash flow this has generated... how much are we making on this?
Surfguy... I'm a legitmate shareholder and I am at least curious to know more about exactly what these patents are, or what they do. I thought patents are supposed to be available to the public, so I really don't understand what the problem could be in letting all of us know more about them.
Not in "full production" in my book. That would require at LEAST 2 shifts, if not 3.
Now that I've thought about it for a while... I'm wondering how long will it take to fill this (these) orders? Shouldn't take a long time to whack out 7 1/2 tons... especially if we can ramp up shifts. How much weight do those big ole bags hold? My impression was that they were about a ton or so each? Anyone?
Good to see a new customer. Unfortunately 15,000 lbs is only 7 1/2 tons... and therefore NOT a lot of money. The GOOD news is that we have a new customer... I would think that this initial order might be a trial... Who knows how large a customer they MIGHT become.
I would have to think that financing or difficulty in getting favorable financing, I should say is what has slowed down some of the equipment growth. If you recall... a great deal of the financing in place also had warrants associated with the loan. When the financing was arranged, the SP was right where it is now... .50 and the warrants (if I am not mistaken) were to allow the purchase of X# of shares within a 1 yr period at $1 per share. Back then, it seemed as if we'd be trading well over that price pronto.... Now that is probably about 6 months ago... and no forward movement on the SP. So... not likely to get the same deal right now with the SP just hovering at the same point. With the "E" gone... and a run up to .75-.86.... perhaps we could do it again.
An invitation to join the present administration's cabinet? Secret decoder ring (after sending in 23 boxtops)? ANOTHER paternity summons? We could at least use a clue, if we're going to be guessing.
I would have to agree with the wait and see attitude. Personally, I find being put off ANOTHER two weeks waiting for the filing to be completed and the "E" to be removed is a big disappointment. I'd much rather have management underpromise and overdeliver than the other way around.
This PR also SOUNDED a bit like the very first shipment of product just now went out. There just wasn't any beef in it.
Again... I think it boils down to performance... and we are still waiting for news on more financing, an acquisition, and/or a new contract or order... ANY of which should help investor confidence, and therefore push up the SP.
At least the SP isn't going down...and the chart IS promising.
So, if I read that correctly... If we get to $5 a share... and find 4 mms.... we can get a listing?
To me, it's actually more disturbing that a third party paid for this promotion instead of the company. Anyone with a big stake in the company... who actually believes in the company.. would most likely be somewhat patient to see the price appreciate at it's own pace. Someone who is in a hurry to push up the price most likely has a hidden agenda. Wanting to cash in some shares would be the most likely scenario... and if so, then ask yourself why? I'm in this for the long term, so short term activity of this nature bothers me.
Not ligher than I expected... most definitely lighter than I'd Like! And... I would certainly agree with you on the late filing... waiting on news... AND the big "E" contributing to the lower volume.
If the volume was 10x what it is.... we'd be trading a LOT higher.
WhoEVER it was... They must have expected to make a LOT more than $44K from promoting it.