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he will not do so and we all know that - and maybe there is just nothing positive to tell or at least nothing confirmed. He just watches his shares going down the river and he has to sell more and more due to the decreasing value of pps to compensate costs.
And one thing seems to be sure - as soon as we see an increase, call it the next run if you want, lots of people will dump all their shares to stop burning more money here.
Mit
yep, you are right - I didn't notice the premarket trades.
So, nice start but same pattern throughout th eday then as usual.
Hard fight to maintain 03 level!
Mit
no, it only hit 0,0035 - but anyway a nice start...but alreday down again to 0,0031.
Anyhow, I think we will experience some very interesting next 10 to 12 days here, maybe accompanied by a nice upward run in anticipation of real good Q2 numbers!
We'll see;
I really don't need to see any 0,002x figures here!
Mit
me too my friend - me too
Mit
absolutely amazing this downward pressure!
Why can't this stock just move sideways with no news or reports coming like other stocks? No, we are going further down every day and every week
Meanwhile I got a response from Elite, and they confirmed that nextt report will come out 15th August at the latest and thyt they have many positive things and developments in the pipeline soon to be announced in multiple announcements (what ever this means). I can only hope that they won't wait too long with these announcements, not to start the upward trend then from 0,002!
Mit
does anybody here still have direct contact to Elite?
They have ceased responding to my emails weeks ago (I was in contact with Dodi Handy) and they continue remaining silent, which is more than a bad signn to me as obviously they have just nothing to say!
So, any other experiences by anyboda here?
Mit
they either have to change the management or need to sell the whole thing to a medium or big player! IMO
Mit
indeed, bucksl, and if your break even is around 0,0054, then it's even more!
This is why I am getting a bit nervous here
And this is why I won't sell before 0,006 minimum which is only some 85% or so to go!
Mit
well, conix, this is just what I am hoping for - like all the others here of course
Mit
11 million and NOT growing, because I do not think that we have reached the bottom yet!
Mit
ja ja, +12,5% closing last night was to good to be accepted by the market - so slamming it down to 0,0033 again just to satisfy the MMs! upward tend is forbidden here it seems.
Mit
mid of August at the latest;
Mit
wow, what a nice closing and what a nice contradiction to the previous daily closings
Well, at least this stock is desperately fighting to keep the 0,003-levels. And in about two weeks at the latest we should receive the Q2 numbers which hopefully brings the long awaited change in pps trend.
We will see - let's hope that we can keep this level until then.
Mit
even the slightest sign of an upward trend is immediately being killed - we have been at 0.0037 yesterday and just reached a new low at 0.0032. And all this with more or less no volume - this stock is being manipulated IMO. Hope to ever see the 0,006 again to find my way out of this!
Mit
this is exactely what I said this morning - let them know that we care, that we want to get informed about ongoing activities, that we all demand to have the upper management changed for the sake of this company.
We are the shareholders, we are the investors here!
Go MDFI!
Mit
any idea where this little bump is coming from?
Something in the bush here?
Mit
all good points! ever thought about writing this to Elite to be forwarded to Kevin and his folks? Would be a good idea - I think many more of us should frequently writing our opinions, concerns and expectations to Elite - like I am doing so. This would build up pressure on them to start some actions - IMO.
Mit
And I am backing up your statements by 100%!
IMO they just lost it and the only news that would have a positive effect on the pps would be the selling of the company or a widespread change in management. We had plenty of these so called good news within the last 8 months with growth of revenue, growth of memberships etc. - with no effect at all to the pps in the long term other than further going down.
Mit
well, they don't necessarily need to sell the company - they just need to hire a new CEO and CFO (might be the same person) who has some skills in running a company. They should just lean back and let pros run this company IMO!!!
Mit
Looks like a sinking boat to me! The question is whether the RS will come before or after the Q2 numbers mid of August and whether it will further go down after the RS which I think is very likely. A RS normally in this sub penny region only means to determine a new basis for further dilution. So it looks better but it is actually even worse. Doesn't look good at all to me
Mit
well, second day of closing green
way too rare this colour here, so even more appreciated.
Some one predicted a run before the release of the August figures...maybe he was right and that is just about to start.
We'll see....
Mit
first I need to find my way out of MDFI before I can think about new investments - but CTYX is definately an interesting candidate with much better substantials than MDFI.
Mit
I have the feeling that it is 5 mill here and there and there and so on - so IMO it is adding up more and more and further dilution will help the pps going down instead of the reverse.
Mit
you are right! If they don't stop manipulating the cash flow by selling shares instead of creating revenue and net profit by selling the product, MDFI will never make it and will go further down IMO.
Mit
I wasn't aware of the additional dilution going on - too bad, really bad!
thanks for the info - I have missed that point of further dilution in the disclaimer. That's a bad thing of course
Mit
turning point today?
Mit
conix, what do you mean by 'shares going out'? Are you talking about further dilution? If so, where do youu read this?
Thanks for a feedback.
Mit
Ernie, why do you take this report as a negative to the pps? All it is saying to me is that awareness of the products will finally result in a pps increase or at least that it determines a basis for pps increase. So why should this be negative and would drive you to step out immediately here?
Mit
well, good luck to you as well hope you'll be right with your one or two month prediction.
Mit
so let's hope that the shake is over now
Mit
I wished you were right with the candle stick analysis, but todays' chart tells a different story It is rather free falling than reversing into an upward trend!
Looks like many folks are trying to come to lower prices to get in here as cheap as possible, which I could take as a good sign. But on the other hand that always means that other people are selling at these low prices, and why should one do this other than for desperation and lack of trust?
I also think about buying some more at 0,003 which we might reach even today - but my guts are telling me to be very cautious here!
Mit
looks like you will get your chance to buy some more at even lower prices. Hope that we will stay above 0,003 before the August numbers will be released - but it is still 4 weeks to go (at least) and Kevin and Elite remain silent. They also seem to ignore incoming emails as I am waiting for a response to an email since last week!
MIt
minus 10% for this week! just great
And fellow Kevin remains silent, incapable to stop the spiraling down of pps!
Mit
welcome to the community of the desperates
I also count on a ralley, but as it looks right now this will start going up from 0,002, because the pps will have reached this level by mid of August if we continue the downtrend here with that high pace!!!
Mit
yeap, but so far there is not the slightest hint for a turning signal with MDFI. I would love to see an indication why this stock should be at its low right now as you say - but there is none to be seen. If we really have to wait until mid of August for the next sign of life from MDFI, Kevin and Elite, well, that's a mighty long time for the current downtrend to continue!
So let's hope that they will announce something substantial soon, before we will see 0,0030 again here.
Mit
ouch - stock price is further crumbling; if these chaps would only stop selling their shares for such low prices like 0,0038 and even 0,0037!
Mit
looks like after the Holiday everything is yet slower
WAKE UP KEVIN!!! GET STARTED!!!
or resign and let some one else do this job!
Mit
which stock are you referring to?
Mit
pretty quiet today! everyone still on Holiday?
Nothing will happen here until news and numbers will be published - and the big question is: when?
Mit