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Thanks I saw that.
Hit the ask for 220k and get a partial for 5k...Any ideas????
Thank you. Just trying to figure out a timely exit strategy with all of this. I am not an expert by any means on these R/M's and certainly not with one like LOCN.
Your information is helpful and very much appreciated.
Hey man I would PM this but I recently stopped paying the membership. Anyway thanks for the clarification it was helpful. It was my understanding the ideal shell for a r/m is a "virgin" shell that is not currently traded. Next best is a small float such as ours as we do not represent sig ownership going into the merger. My question is why would the company keep the float at 10 million when that creates potential volatility in the pps?
I was referring to the dates they began operations. Didn't seem to match up but who knows I'm so confused right now.
Its a good guess but I am not sure the dates match up. I pulled this quote from the filing:
Hey no hard feelings on the previous gig. I still have a part of my position but sold enough to get me in here at .06. Just wanted to say thanks for the heads up I appreciate it.
So we are selling Tact U to buy a video rental/ kiosk company that is trying to corner the market? Did they look at Red Box yet? They are owned by Coinstar with revs of 350 million and 23000 machines nationwide.
This is the merger that is supposed to be our elevator up? I own stock here so trust me not bashing but what the heck is going on? Between Apple TV, Google TV, streaming Netflix through Tivo who wants to be home and wait for a courier to deliver the damn movie?
Am I just grumpy this morning? Thoughts?
MERQ just dropped in for a sec
Really? Would you care to qualify that statement? This morning's PR depicts an 8 million dollar project to be completed by year end.
Once again what fluff are you referring to sir?
Agreed. Highway construction may not be sexy but it is very expensive as reflected in this most recent PR. 8+million for 1 project? I will take it every day of the week. Hydro no Hydro either is fine just reflect the share structure accordingly.
That's what I was thinking Muscle. This was prob a last min decision to boost the pps. In all fairness though this is what we have been asking for. Balance sheets typically have owner or shareholder equity broken out and we will finally see what ASCC has done in revs over the last year and a half as well the overall share structure.
On a side note I was looking at the photos on the videointernationalcorp.com website. Those highways are not chump change projects. 305 billion US dollars projected in commercial highway infrastructure spending by 2014. India's second largest expenditure next to agriculture I believe.
Regarding the website...I agree it pretty much sucks. However if VCTY is changing it's name, ticker etc would it make sense to spend a bunch money on this one? Lots we do not know. GL my friend.
The fact is this was found on a Yahoo chat board. Given the hostile ownership at this time makes it circumstantial at best. While the DD on Arizona tells an interesting story I am sticking to the technical play on this one until I hear something factual.
When you cut through all the noise this is all needless pumping and senseless speculation. Play the charts and wait to see if the fundamentals materialize. Best of luck all.
Roger that. Like I said this stock will either make me some nice returns or it will give me a much needed tax break. For the sake of everyone that has skin in the game I hope for the first but I'm fine with either. Good luck all
That needs to be PRd with revs
I agree its a promising company with potential. Were invested iInternational companies that don't have the first clue about western markets and esp otc stocks. MMG should be mentoring them through this process. Just because MMG has a less than favorable batting avg does not mean I am ready to throw the baby out with the bath water.
I glanced over it while driving so couldn't get into the details. The term major developer is positive no doubt.
Was this PRd? That is not a 5 mil company what's going on?
I hear ya. I have averaged down so much it won't take a lot to get me out of the red. At any rate I still have yet to sell any shares to date. I also enjoy canes, whips, playing chicken with oncoming traffic and mayo in my PB&J...well maybe not the last.
Best case we all see green and buy Villa's in France or I write the loss off on my taxes. I'd rather flush it away here than give the govt anymore money.
Hey Muscle I am happy to see your still here along with what's left of the longs. Go VCTY!!!!
That's what I was thinking also. GOOD, TRANSPARENT news with solid fins should put us back on level footing. Regardless I am here for the long haul. Selling right now would make me want to walk out my front door and jump in front of a bus!!!!
Yep we were almost green today. I am buying up as much as I can these levels are too inviting to pass up. Good luck everyone!!!
Great post thanks
Yes it is my friend. I don't have a problem leaving profits on the table in a spec play like this. Besides I have a pharmaceutical company I have been buying up for sometime now and these profits are gonna be parked there for a while. OTC/ Pink stocks give me unwanted grey hair and I am babysitting one other as it is. Played right we should have some nice profits here. I'm the same dude am gaps are often a tell for me also.
GLTU
Nope I don't just a head for business. I am in this stock and already planning my exit out. Stick around and wait could be fun. Have you ever tried to sell in a 10mm share float along with everyone else? Good luck my friend.
Honestly I am not thrilled with MMMG and I sent in a ticket telling them just that. They have managed to merge two companies so far for that I will give them credit where credit is due. Did we make the reverse merger list? Well duh no but I just assume have steady, consistent growth from here on out anyway. If I have a chance to park my money somewhere, make a decent return and pay less capital gains I am all about it thank you very much.
No bashing just looking here for profits that's all. You guys get a solid company I will be back but I am not gonna gamble on it. GLTU.
By all means keep pumping this stock. It's gonna give me time to get out before the massive sell off. 10 million float is way to volatile that will change you can count on it.
Since were speculating consider this from Friday Tips:
Yea like you I'm speculating. I saw your "DD" over there and yes it's all spec dude.
Roger that thanks recon. I was thinking last night wouldn't it be ironic if the profits from Tact U were used to acquire LOCN and up list? It may not make sense I have not read the regs but it was a passing thought. Hydro is concerned about securitization of their asset and that would be one way to shore this thing up.
Nice DD bro
Nice thanks
Where did you find that? TIA
No problem were all in the same boat and we all want the same thing. Your questions/demands are good but they are best directed to the IR so they can be reported back here. Everything else is noise in my opinion and I do my best to weed through it.
Good question. The answer is nothing and I say that because there only 2 ways to play this stock....short and long. The question I ask myself before tying up thousands of dollars in a risky play is...is the stock transparent enough? These are infant stage stocks with the odds stacked against them, but every now and then one will run long enough to warrant the risk. So far I will say yes it is transparent enough.
I hope everyone here makes money and accomplishes whatever financial goals they have set. Mine happen to be longer term. I don't typically day trade penny stocks bc the commissions are too high. This stock I am willing to give it time to mature because I think it's worth the risk. I follow this board, not bc I get off on the drama but bc the folks here do some damn fine DD. If I think the risk is too high I will sell appropriately and move on.
Best of luck
None of those things you mentioned were pr'd bro. All Friday Tips and pulled tickets a service the IR provides.
Perfectly said. I'm ok with my 2 mil shares sitting idle while my investment grows legs and matures. Just means I pay less capital gains when I sell.
Like I said flippers aren't gonna like the update.
Yea it is and I'm greatful for the update.