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ya think this one is tight ? lol looking great all, see you all after freakin meetings...
I can't bel NITE raised ask to .10... we may have the actual float pretty much here... lots of old shareholders wrote this off years ago and forgot about it... unreal
yu watching this ? there aint no shares there people... unreal
When I was trying to accum this one, there were very slow order executions...fyi
No trades and they raise the ask to .04 ? unreal, this ones gonna be fun to watch the next few weeks :)
lefty, yea finally, this one woke me up at 3 am CDT... lol
I hope you and everyone else didn't mind me posting my opinion earlier about you being the contact with the co, we need to lay off the management here, and let them gitrdone
lefty, cuttin, and a good morning to all,, boardmarks at 14 from 4 friday.... not too shabby...
Public float share/price computations....
Appreciate the value here...
Most OTC/Pink players are so used to having companies they invest in have hundreds of millions, or billions of shares.
Reflect on the jewel we have here....good people involved, viable real business plans, and the beauty, power, and opportunity of a small share structure and float.
Each price level reflects the market value of the o/s and public float of MNET (6.7 & 1.5 m x stated share price)
Share price *Value of Public Float **Total Market Cap
@ .03*** $ 45,000 $ 201,000
@ .05 $ 75,000 $ 335,000
@ .10 $ 150,000 $ 670,000
@ .15 $ 225,000 $1,005,000
@ .20 $ 300,000 $1,340,000
@ .25 $ 375,000 $1,675,000
@ .30 $ 425,000 $2,010,000
@ .40 $ 575,000 $2,680,000
@ .50 $ 725,000 $3,350,000
@ .75 $1,125,000 $5,025,000
@1.00 $1,500,000 $6,700.000
*The maximum equity that the public could hold of this company with current float.
**The total market capitalization with the current share
structure.
*** The closing price of MNET on Friday, May 11, 2007.
FOLKS - A MUST READ :
We have a great team of people here that has assembled much information about the events coming together at MNET, lets use it to our advantage.
We are very fortunate that lefty has gleaned some information out of the shell owner, and has reported it to us on this board, it is reliable information that has checked out 100%.
It would be my suggestion that others doing their DD on this refrain from making any contact with the Attards, or, any of the other principals mentioned. This would include (but not be limited to) Bader.
We have a direct line of communication already established through lefty, lets let him do his thing and enjoy his updates and reports.
Lefty has posted that he plans to contact Ms. Attard again soon, anyone who follows lefty knows that his credibility and honesty is unquestioned.
Please do not contact any of the principals and wait patiently for lefty to report to us his additional findings, if any, that he is able to secure from additional contact with Ms. Attard. It is obvious that Ms. Attard is in full and complete control of the matters surrounding this issue. She was in complete control at the original company and her other family interests, and still is.
The people here are not your typical Pink Sheet stock gang, these are former NASDAQ listed people that are running this thing, it will be of no help and could prove to hinder if many try to contact the principals and inquire as to their plans. It may very well cause them to clam up and cease communication with lefty due to disclosure issues.
If one just takes a moment to review the facts surrounding this situation, its not that difficult to assess for yourself what is taking place. Cuttinrog has done a wonderful and effective job of digging up alot of useful and interesting information. Take a moment to review it at your leisure.
We don't need to find out if the principals behind the shell are legit, we know they are, there are numerous verified public filings and news accounts about the principals activities going back 20 years posted here within the confines of this board.
We know that the Attards fought for and paid dearly to get this shell back from David Stocker. I spoke to Stocker myself last Friday. They paid Stocker more than the public float was worth after being up 650% at Friday's close of .03, to remain in control of MNET.
The Attards have reinstated the shell and filed an annual report just a few weeks ago with the State of Washington.
We know that the Attard family owns and operates the Bayseng Spice Company for decades, and have discovered they are a undisputed leader in their business.
We know that the Bayseng company has made inroads to international markets.
We know the original publishing business was revived through the expertise of Attard partner/associate Paul Bader.
We know that Mrs. Attard has informed lefty that Bayseng has inked a deal with OSCO.
We know that Mrs. Attard has told lefty that she wishes to take the retail part of Bayseng Spice Company and the multi media operations into a public entity.
We know that this shell has 6.7 m outstanding shares, of which, 80% is owned by the Attard family, leaving a paltry 1.3 - 1.5 m public float.
We know that as of last Friday close, the public float was valued under 50k.
Sit back and enjoy folks. There is no need for stress here, only anticipation and excitement.
Ok, its nearly 4:30 am and I've been up since bout 3. Can't sleep and woke thinking of this one...
I am a sound sleeper, the last stock that kept me up was CSBR...
Great find cuttin, Yes the bay leaves information is awesome.. the fact they are the largest producer....years in the business and good revenues I'm sure.
Let's think.... Bay Leaves, Osco, Bay Leaves, Osco, Bay leaves, Osco, Bay Leaves.....
To the best of my personal knowledge, Bay leaves are not used in any way for medicinal purposes (natural or otherwise) and would not think they are a stock item at Osco.
When I think Bay Leaves, I think of retail grocery/specialty spice outlets....
Hummm..
There something going on in the background that we do not know yet, something Bayseng has that can and will (or is) be (being) sold at an Osco......
My speculation is that in some way Bayseng has branched out into some kind of natural health/remedy/herb/organic oriented product.... why else would they have inked a deal with Osco ?
Something huge is going on with the Bayseng, something big enough to have Mrs. Attard consider getting it public.
Note the article you posted mentions Chinese firms being interested in hooking up for wine producing coops... and, they were looking forward to getting the Bay leaves sold in China, Japan...
It is well known that the Chinese are making huge inroads here in the USA with herb and natural remedy products, perhaps Bayseng has forged an alliance with a Chinese firm..those type of products would better fit the Osco connection... something to consider and think about...
We shall see :)
lol re: 7 bucks on D&B.. you will get it back in spades in the coming weeks :) Thanks for all your work cuttin.
There you go lefty, cuttins post reflects that the directors/execs/Meredith hold the 80%, just like she told you, the family prolly got the 20% back when they repaid the loan or when the co was floundering...
These are NASDAQ people that have a temporary trailer in Pinkyland.
It seems they have secured a lot in a better area with a decent view now, and are prepared to move.
Well.... yes lefty she is :) Seems she has been very, very, honest with you from the get go...at some point she is going to have to dummy up.... but its too late, the cats outta the bag....
This is going to be a heck of a ride for all involved...
Oh, you wanna know who Paul Bader is ?
Not your average Joe... These are the caliber of people that the Attards deal with....
From bottom part of article:
M-2K was ranked as one of Entrepreneur Magazine’s Hot 100, of the fastest growing new businesses in America, May 1999.
Never Never Never trust Dun & Bradstreet for accurate revenue/sales numbers... thats why its called a "private" company...lol
Link to source:
http://www.linkedin.com/in/bader
Paul Bader
President RSS, Inc.
Greater Seattle Area
Current CEO at RSS, Inc.
Past CEO at Multimedia 2000, Inc.
Owner at Multimedia 2000, Inc.
Education American University
Recommended 5 people have recommended Paul Connections 92 connections Industry Publishing
--------------------------------------------------------------------------------
Paul Bader’s Summary
Senior Executive (President/CEO/VP) with over 20 years of award-winning experience in the software distribution, electronic publishing, music, video and interactive media industries. Currently seeking opportunities to partner with organizations looking to drive revenue growth, build world-class strategic alliances, pioneer new markets, and become a dominant force in the mobile or interactive media markets.
Paul Bader’s Specialties:
· World-class, proven sales executive
· Accomplished speaker
· M&A, startup and workout experience.
· Excellent writer.
· Skilled negotiator.
· Proven executive/manager.
--------------------------------------------------------------------------------
Paul Bader’s Experience
CEO
RSS, Inc.
(Privately Held; 1-10 employees; Publishing industry)
May 2005 — Present (2 years 1 month)
RSS, Inc. is a holding company for various copyrights and trademarks that are managed for licensing partnerships. In addition RSS, Inc. is a consulting firm that is presently involved with a variety of projects in the high tech arena. RSS, Inc. also advises clients in a wide array of issues including retail distribution and international trade issues
CEO
Multimedia 2000, Inc.
(Privately Held; 11-50 employees; Publishing industry)
February 1998 — July 2005 (7 years 6 months)
CEO
Owner
Multimedia 2000, Inc.
(Privately Held; 11-50 employees; Publishing industry)
February 1998 — April 2005 (7 years 3 months)
Facilitated “turnaround” of Multicom Publishing (a foreclosed asset) and returned it to immediate viability and profitability in its first year. Founded Multimedia 2000, Inc. as premier publisher and distributor of DVD and CD ROM-based content. Released the first complete selection (including an encyclopedia) of PC-based DVDs for retail in May of 1998 at the Atlanta E3 show.
Subsequently, reinvented the organization into e-commerce services company, while continuing to build software publishing unit. By acquiring and developing an on-going strategic alliance with two small under-capitalized startups, InfoHarvest & iPromotions-- M-2K Ventures was formed. M-2K sold iPromotions to 24/7 Media for cash and stock in April 2000. Also, restructured the companies’ finances with a debt-to-equity conversion and established credit facility. M-2K was ranked as one of Entrepreneur Magazine’s Hot 100, of the fastest growing new businesses in America, May 1999.
--------------------------------------------------------------------------------
Paul Bader’s Education
American University
BA, Literature & History, 1973 — 1977
Activities and Societies: Writing apprenticeship with Arnost Lustig.
Wrestling team.
Cuttin, great job on the DD and posting links and info, it does look like they have alot of revenue sources possible to merge into MNET shell.
Very surprised about the M2k info as it relates to the old entity, that is a bonus.
The one that will bring huge value imo is the 20+ yr spice/organic product co. that just inked deal with OSCO.
Hope everyone had a nice Sunday and Mothers day, have a good evening.
rainmaker, thanks for the update, all the best to you and yours. eom
Pink, ABDN, who//whom are behind this one, thanks :) eom
Folks, Bayeng should read Bayseng in my posts, sorry for the typo eom
dijeet.. get over to the MNET board and check it out, all new info there posted...
Folks, open your eyes:
If one looks at every aspect with this MNET/Attard family it is clear that we are not dealing with nickel and dimers here.
Folks, these Attard people are not your typical run of the mill ham and eggers that are looking to r/m a pos into MNET on a whim.
The facts:
The Attards own 80% of the MNET shares.
The Attards wrestled control back from Stocker which obviously cost them thousands for attorney representation in the custodian action filed by Stocker, plus, getting their super bowl friend to personally meet with Stocker and Attards pay Stocker 50 K to finally resolve the issue.
(Stocker verified that he is no longer involved in MNET in a phone conversation I had with him on Friday, May 11).
The Attards raised 7 mil in an IPO to get MNET public in the early 90's.
The Attards were partners (via MNET) with the publishing/media giant Meredith, and had powerhouse clients, eg: The Home Depot.
The Attards founded the private Bayeng Spice Company (prior to their formation of MNET according to MNET officer bios) so the spice/organic food company has had to have been in business coming up on 20 years or more)
The Bayeng Spice Company has worldwide sales and has recently inked a deal with Osco.
In my estimation, this shell is worth millions considering the people involved and the background and contacts of said 80%shareholders. The last shell I ran across with even a chance of beating this one is CSBR.
It just doesn't get any better than this folks, with this share structure and this combination of the people that already have money/resources/contacts, and a successful private business intact.
Money goes to money folks, there are only 1.5 million (max) out there in the float, with 6.7 m o/s.
These people are looking to maximize their shares value by using existing assets... plus possibly reviving the original business of publishing, and other merger possibilities
THEY HAVE THE PRIVATE OPERATING COMPANY AND ASSETS IN THEIR FAMILY ALREADY, THEY ARE NOT TAKING A SHOT WITH A DREAM OR A CONCEPT. THAT IS WHAT IS IMPORTANT !!!
Look at the people involved here, not your typical pink sheet bios and business background huh ?
This is the next CSBR or better with 1/5 of the shares o/s & float.
Lefty, there are only 5 or 6 of us IHubbers in this stock max, very few paid attention or were aware of the Friday mini run, this issue will be showing up on many scans this weekend and thru next week.
Myself and one another poster own 150 k. 10% of the float.
Boardmarks have doubled from 4 to 8 since yesterday.
I am adding.
Early fireworks coming this year, this is going to be the once to watch and see unfold ...
This one has 1/5th the float of CSBR.
Many who own this from he past have long since forgotten about it, there won't be any selling into rallies by them or the insiders... .
I have limited myself to viewing this board to max twice a day, I get hungry when I think of the products offered by Donini :)
Have a great weekend folks, looking foward to the coming weeks/months here as things continue to progress.
Dragon, got three words for ya ...
Luv Ya Man :)
Some people just don't get it, don't let these knuckleheads wind you up...
Anyone with with even a half ounce of common sense can pull up your posts and see that you are at the top of the honesty and hard work list with just a few other posters here on IHub....
They want you to babysit them, I am happy to see that you have told them you are out of pacifiers...
Vty,
invest
Yep, then the float is nearly what we believed, about 1.3 - 1.5 million. This thing could get to the teens in a few hours trading... Good lord lefty, great stuff.
Well its obvious she wants the shell for something she has been planning for some time, after all, she pulled out the stops and sent her friend to negotiate, plus paid 50 k just to get it back. Unreal.
Great thing bout the shell is, all the debts that remained (if any) are way past any statute of limitations. It must be clean as can be.
Gawd lefty, this is sweet. Thanks again.
Lefty, It seems you have found another hidden gem...just like CSBR and others... thank you for updating the Ibox and all your hard work and persistence on dd, I will be adding to this one come Monday :)
Seems Bayseng is certified for organic food production/processing ? A huge market that is growing leaps and bounds ..
http://www.goca.ws/esponal/certified_directory_customer.asp?id=13025185185348
In fact, she is a founding partner of the spice co. according to this SEC disclosure:
Link:
http://sec.edgar-online.com/1997/10/15/10/0000950149-97-001841/Section2.asp
EXECUTIVE OFFICERS OF THE REGISTRANT
NAME AGE POSITION OR OFFICE AND PRINCIPAL OCCUPATION
------------------------------ --- ------------------------------------------------------
Tamara L. Attard.............. 39
Chief Executive Officer and Chairman of the Board of
the Company since its inception in 1991.
Prior to that
time, Ms. Attard was a founding partner
of Bayseng
Spice Company, a spice producer, where she was the
Vice President of Operations from 1985 to June 1991.
From 1981 to 1985, Ms. Attard was the Associate
Director of Experiential Research, a film production
company. From 1980-1981, she was the Associate Editor
of Shooting Commercial Magazine and On Location
Magazine, film industry trade publications.
Well it seems she has close ties the Baysend Spice Company...
lefty... criminy sakes....great information :)
If one looks at this link, these people are involved with heavy hitters, very impressive.
Link to SEC filing:
http://sec.edgar-online.com/1996/10/24/00/0000950149-96-001615/Section3.asp
Tamara L. Attard 1991 38
Chief Executive Officer and Chairman of the Board of the Company since 1991;
Vice President of Operations of Bayseng Spice Company, a spice producer, from
1985 to 1991; Associate Director of Experiential Research, a film production
company, from 1981 to 1985; and Associate Editor of Shooting Commercial
Magazine and On Location Magazine, film industry trade publications, from
1980 to 1981.
nice to see news on this gem, great day here folks :) eom
Thanks for updating the charts lifegear, this one looking good :0 eom
Only took a 25k buy to bring the bid back up to .02, the shares are gone folks :)
Yes very few have discovered this one cuttin, and on top of that this is unreal price action for a Friday...
That Washington corp filing being brought active has to be for a reason, lets sit back and enjoy...
Stocker knows what he is doing and is very experienced...
Pelegic, welcome, volume starting to come in this afternoon... this is trading very strong for a Friday... Next week will prove interesting.
MNET... yes could be 500 k float the way it is trading.. and the 3's just got hit eom
MNET Stocker shell woke up, eom
yea i see that, no patience creates buying oppor for us :) I'm gonna jump on anything under .02 if the ask ever gets there... btw.... did you see that MNET one of Stockers shells woke up this am ? Board got started earlier this am...stop by if you get a chance... it seems to have a smaller float even than this one... unreal
lol... this one will wake up when nobody expects it... a very nice Anthony shell that has very little float... the numbers are misleading on the shares... one must study it to know how low the float is... :)
MNET... Stocker shell woke up and moving... see my dd post:
http://www.investorshub.com/boards/read_msg.asp?message_id=19566018