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38 boardmarks for a 1.5 m float issue, you do the math. eom
Boardmarks increased from 31 to 38 since about this time yesterday :)
Heads up folks, UBSS moved to .10 ask already, when we pass .10 its all over, major gap and run.. MNET is being discovered, sit back, hold your shares or put them on the ask and watch them be bought ... and enjoy the performance...
all the best
zoom. I am going to ask lefty to expand on that question and topic.... lefty ?
lefty, look at the new folks showing up here, just as we believed and discussed here the last few days,
One by one, people are looking closer at this MNET and what the Attards are up to, and realizing who these people are and what they have and will accomplish...
The Attards and MNET are not pink sheet folks.
They (we) won't be here for long.
Have a great day.
Good morning born, great question:
Your question:
"I do not understand how David Stocker got control of this company when the Attard family wanted to keep control. How did that happen?"
Mr. David Stocker of Phoenix, AZ is an attorney that specilizes in seeking out dormant, aged, and seemingly uncared for public entities that once operated with viable ongoing business operations.
He is a professional and is well known in his field, one part of his business is the sale of public shell companies. He and his staff look for companies that have not kept their filings up within their respective states of incorporation , and appear to have abandoned their duties as directors of said companies. Many do not realize that it is possible to gain custody of these old corporations if one can prove in court that they have been "abandoned".
Stocker files a civil suit in the target company's State and seeks to be appointed custodian of the corporation in the action. Many of these old companies have been out of operation for years, and nobody is paying attention or is aware of his (Stockers) action(s). He is only legally required to print notice in local legal journals (journals that are georapically located within a reasonable distance of the defendant's last known place of business) that he and his firm is seeking custodianship. Not many people read these legal journals unless they are in the profession. But, it is considered service by publication on the defendant in the action.
If no one notices the publications, then his action (essentially a lawsuit) is granted (under the codes of the state set forth) by the sitting judge on the case as a default judgement for Stocker.
The default judgement eventually allows Stocker (the plantiff) to become custodian of the target corporation (the defendant) as the former directors and/or officers did not respond to the petition filed. This entire process takes only a few months from start to finish.
Now that you know the legal process for such and action, lets examine the subject case a bit.
The Attards had let their filings go dormant for some time as there was nothing going on with MNET, the company was just sitting there and no business operations were taking place after the company was shut down many years ago.
Stocker and company realized this and decided to attempt to add this shell to their inventory.
When Stocker filed the action in court to secure custodianship, the Attards eventually found out about it.
They immediately directed their legal counsel to defend the Stocker action and prove that they are the legal owners of of MNET and wish to continue as said directors/officers.
It is my understanding that the Attards found out about the action either after or right about the time that Stocker was going to gain control.
Mrs. Attard told lefty that they immediately sprang into action to retain control and ownership of MNET. In fact, this matter was deemed so important and urgent to them, they secured the assistance of a friend (who happens to produce the half time shows at the Super Bowl) to visit Stocker at his Phoenix offices and make a substantsial offer to drop the action.
The Attards paid Stocker USD$50,000 to dismiss his action against MNET et al.
As a result, the Attards are now back in full control of MNET and have plans for the subject MNET shell. They have come up to date in their filings recently with the State of Washington (where MNET was and is incorporated) and they are shown as directors/officers/registered agents.
The Attards spent alot of money (the 50k and god knows how much to their local attorney's) to retain control of MNET.
We will find out why soon.
Hope this helps, sorry its so long a post, its the only way I can relate the situation to you.
Good luck and health to you and yours.
MNET buy signal via MACD, chart courtesy of fringe:
http://www.investorshub.com/boards/read_msg.asp?message_id=19738498
doog, thanks for visiting the board, let any of the board moderators know if you have any questions.
Good luck and health to you and yours.
Agreed lefty, Mrs. Attard is going to get her $7.00 share price back like you surmised, If you look at the Mrs. and her family's accomplishments I have no doubt they will achieve that in time.
Yes, volume is just starting here, MNET is holding very well, and average price per share paid is slowly rising and being put in good hands as one can see when looking at the transaction overview.
I truly believe that those waiting on the sidelines here (and there are many) will eventually have to bite the bullet and take a position. After all, its not too many times you have the opportunity to be a fellow shareholder with the caliber of people that we have here with the Attard's et al.
There are only so many shares to go around here as you know, and the reason is, the Attards did it right with the shareholders the first time around.
They are the 80% owners of this MNET, we have the chance to be involved with some heavy hitters here and I for one am not going to miss it.
Once people looking at this MNET, I mean really put their glasses on and look real close, they will realize that the Attards went to considerable expense and trouble to retain the MNET shell.
They had good reason, one that made business sense.
These are not stupid people who waste their money, stupid people do not get the media giant Meredith Corporation as a partner.
Stupid people do not amass a fortune in California real estate and become a worldwide leader in their business fields.
Stupid people do not develop business relationships and transact business internationally. Stupid people do not have Chinese businessmen contacting them about future coops for wine production.
Try and find another company on the otc with leaders and 80% shareholders like the Attards, that have already taken one company public in a 30+ million offering. I will be waiting.
A company is only as credible as its leaders, MNET is their baby, they fought for custody and won.
Make no mistake, they will raise this baby properly and nurture its growth, providing all attention and care... its their job.
I will be here to watch.
MNET boardmarks increased from 31 to 36, welcome all who joined today, feel free to pm me or any of the other board moderators if you have any questions about what is going on here.
All the best.
Great day here, may be news coming, sure has been some solid buying pressure on it the last few days.
MNET share/price overview is now in Ibox, will try and update it every evening when possible.
Making higher lows on MNET every day, the shares are dried up folks.
Today, MNET had its largest trade in terms of share size and dollar size since the run began last Friday, 50k @ .07, a $3500.00 trade.
Excluding todays action, the single largest trade had been 33,000 @.065 ($2145.00) on 05/15.
We have made all this progress, consolidated, dipped and recovered and not until today did MNET have a 50k share trade... at this point only appetizers have been served, the main course is on its way.
Good things coming folks on technicals alone... if we get even a whiff of any news or updates, new investors will be chasing the ask and it will be difficult to catch it.
When buy order flow comes to this soon, expect some fireworks.
Its all right there for anyone to see.
All the best.
MNET Shares traded by price overview:
Source: Time & Sales, Alphatrade
Todays trading: Thursday, May 16, 2007
Price Shares Dollars
@.09 40,560 $3645.00
@.08 30,000 $2400.00
@.075 5000 $ 375.00
@.07 138,680 $9706.00
@.06 10,000 $ 600.00
16.4% of the entire float traded today.
Day by Day since Friday:
Date Vol Dollars
05/11 195k $ 3900.00
05/14 149k $ 8900.00
05/15 148k $11,800.00
05/16 268k $18,830.00
05/17 224k $16,746.00
65.60% of the entire float has traded since Friday 05/11.
Largest trade by share size since run began 05/11;
Today 50,000 @ .07
Largest trade by dollars since run began;
Today 50,000 @ .07 = $3500.00
T&S Time & Sales MNET Multicom Publishing
MNET(2007/05/17)
Time (EST) Volume Price Exchange Bought/Sold Tran/Type Legend
15:44:30 3060 0.09 + OTCEQ_NBB
15:43:48 5000 0.09 + OTCEQ_NBB
15:34:30 10000 0.09 + OTCEQ_NBB
15:29:48 5000 0.09 + OTCEQ_NBB
15:29:39 5000 0.09 + OTCEQ_NBB
15:27:42 12500 0.09 + OTCEQ_NBB
15:20:00 5000 0.08 + OTCEQ_NBB
15:19:39 5000 0.08 + OTCEQ_NBB
15:18:18 3720 0.075 - OTCEQ_NBB
15:18:18 15000 0.08 + OTCEQ_NBB
13:52:57 4900 0.07 + OTCEQ_NBB
13:17:51 23500 0.07 + OTCEQ_NBB
13:13:42 25000 0.07 + OTCEQ_NBB
13:10:57 9160 0.07 + OTCEQ_NBB
12:39:15 50000 0.07 + OTCEQ_NBB
12:38:39 5000 0.07 + OTCEQ_NBB
12:36:54 11120 0.07 + OTCEQ_NBB
11:07:27 10000 0.06 - OTCEQ_NBB
10:24:15 5000 0.07 - OTCEQ_NBB
10:24:12 5000 0.07 - OTCEQ_NBB
09:59:09 1280 0.075 - OTCEQ_NBB
09:41:42 5000 0.08 OTCEQ_NBB
MNET(2007/05/16)
Time (EST) Volume Price Exchange Bought/Sold Tran/Type Legend
15:57:57 9740 0.09 + OTCEQ_NBB
15:55:42 2500 0.09 + OTCEQ_NBB
15:54:27 5000 0.09 + OTCEQ_NBB
15:52:57 637 0.09 + OTCEQ_NBB
15:52:09 5000 0.09 + OTCEQ_NBB
15:51:36 9363 0.08 + OTCEQ_NBB
15:24:51 9050 0.08 + OTCEQ_NBB
15:15:48 5000 0.08 + OTCEQ_NBB
15:02:48 6890 0.08 + OTCEQ_NBB
14:34:36 8490 0.08 + OTCEQ_NBB
14:30:30 5000 0.07 + OTCEQ_NBB
14:28:06 11772 0.07 + OTCEQ_NBB
14:26:18 4900 0.07 + OTCEQ_NBB
14:21:42 17250 0.07 + OTCEQ_NBB
14:19:27 10000 0.07 + OTCEQ_NBB
14:18:54 10000 0.07 + OTCEQ_NBB
14:15:03 20000 0.07 + OTCEQ_NBB
14:11:51 650 0.07 + OTCEQ_NBB
14:09:51 5000 0.06 + OTCEQ_NBB
13:56:54 9000 0.06 + OTCEQ_NBB
13:54:54 4033 0.06 + OTCEQ_NBB
13:53:45 5000 0.05 + OTCEQ_NBB
13:50:30 4860 0.05 + OTCEQ_NBB
13:49:15 5000 0.04 - OTCEQ_NBB
13:46:18 5000 0.04 - OTCEQ_NBB
13:46:00 5000 0.04 - OTCEQ_NBB
13:45:54 5000 0.04 - OTCEQ_NBB
13:45:45 7000 0.04 - OTCEQ_NBB
13:24:36 10000 0.05 - OTCEQ_NBB
13:15:18 5000 0.06 - OTCEQ_NBB
13:02:03 5000 0.08 + OTCEQ_NBB
11:38:51 5000 0.07 - OTCEQ_NBB
11:21:12 10000 0.07 - OTCEQ_NBB
11:14:30 1500 0.09 + OTCEQ_NBB
10:41:21 10000 0.09 + OTCEQ_NBB
10:22:33 4500 0.09 + OTCEQ_NBB
09:35:18 5000 0.08 - OTCEQ_NBB
09:34:24 20000 0.09 OTCEQ_NBB
fringe, looks like were only a day or two away from a gap-run...they tried to bring it down twice, moved right back up in two strong closes... very bullish imo
once the .09's are out we go...
all the best
$135,000, total value of MNET float at .09 close. eom
Lobster, ref: MNET Some thoughts/numbers:
http://www.investorshub.com/boards/read_msg.asp?message_id=19713535
They are chatting about MNET over on Lobsters board, like I said many watching this one for a move above .10
Only gonna take four or five buyers to get this in the teens...
When a bigger player wants 100 k of this all for her/himself...its all over :)
Yep and it's only going to get tighter and tighter until she blows up :)
MNET Boardmarks increased from 25 to 31, many have this on watch :)
MNET Shares traded by price overview:
Source: Time & Sales, Alphatrade
Normally I would not take the time to put this together, but I feel it is a benefit to all concerned as most are still a bit numb to the fact that we are dealing with a very low float.
Folks, open your eyes, this shows the beauty of this miniscule float and indicates more shares are in strong hands as each day goes by.. enjoy
Yesterdays trading: Wednesday, May 16, 2007
Price Shares Dollars
@.09 54,000 $4860.00
@.08 49,000 $3920.00
@.07 95,000 $6650.00
@.06 22,000 $1320.00
@.05 20,000 $1000.00
@.04 27,000 $1080.00
17.8% of the entire float traded yesterday, look where the dollars are by price.
Day by Day since Friday:
Date Vol Dollars
05/11 195k $ 3900.00
05/14 149k $ 8900.00
05/15 148k $11,800.00
05/16 268k $18,830.00
50.66% of the entire float has traded since Friday, look where the dollars are by price.
It is painfully obvious to any impatient sellers that they should put their shares on the ask and wait.
It is gratifying to all concerned holding their shares that the float is gone, we have the float in our control.
Any person not subject to the confined care of a mental facility will see this.
All the best.
Cuttin WOW.... what a wonderful job on the Ibox...
Thank you very much for illustrating what these people are about,
what they do,
where they are from,
the class they operate with,
our partners, the Attards...
Folks, get a ticket on this MNET and enjoy the ride and view :)
All the best.
lefty, isn't it great to wonder what good things are going to happen here, knowing we have a piece of this action.
Its wonderful to get up in the morning and contemplate what your partners, the Attards, are going to work on today for this shell ?
:)
left... I laughed at it because I had seen it too, and didn't bring it up on purpose... to see if someone else had the same thought... and sure nuff... you thought the same I did :)
cuttin ! yep, everyday the boardmarks increase.. one day we are going to step out for a sandwich and beer and come back to another 100 % gain :)
One by one they arrive, discovering what is happening with MNET, very exciting....
Record volume for this one today folks, get thru the 9's and were off the the races, prolly tomorrow :)
YW, great job your doing, we really appreciate all your research and help with these shells.
rheddle here is a copy and a link:
http://www.investorshub.com/boards/read_msg.asp?message_id=19672229
Posted by: lefty18
In reply to: None Date:5/15/2007 10:43:29 PM
Post #of 362
Tamara has received an inquiry tonight from a representative of a private company looking to go public. It's a chemical company with net profits of over a million a year. That would send us into the dollars.
So the plot is thickening. I don't know which way they'll go with this, but they have some good options building.
rheddle, did you see lefty's post last evening ? and the updated Ibox... there is a big player that has contacted Ms Attard already...
well, here i am again, all alone with this slowly rising share price lol
hdogtx !!! We just got the kegger tapped... have one on me :) Welcome to the party.
After todays action, if people are not convinced how quick this could make a huge run up, then I don't know what to tell them.
This came back after the low volume pullback from .04 to close @ .09 unchanged, the comeback was on what.. less than 150 K?
Hold your shares folks, were real close here to a major gap and run..
YW, happy to see you join the flock we have here, small, but growing... :)
All the best to you and yours.
Welcome EvilTweet :) eom
looks like it wants to run more eom
This MNET is very close to critical mass, 100 k in new buy orders would send it on its way :)
cuttin, great fills man, then I'm sure you witnessed how it reacts to any buying pressure... wow
MNET went from .04 to .08 on 100k...bounced like an overinflated basketball...
It has always amazed me that people can't hold a stock for more than 2 days... that may be ok on some large share count plays...
That is a big mistake with this one.
namo, congrats and welcome :) eom
Very thin here :) I like it ..thanks hgtx
She's gonna turn and go folks, complete transformation on level 2 in less than 30 minutes when buying appeared :) eom