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Thats just my OPINION of whats been going on with the stock, and why we have been seeing the T&S Prints we have been seeing for months now.
You have to AGREE That with the Good Things that the Company has been getting done, and the speed at which the Company is getting into Production Mode, and will soon be bringing in a Revenue Stream, that "THERE IS OBVIOUS MANIPULATION GOING ON" When the Stock Price Drops like it has been after News has been released, "INSTEAD OF GOING UP"???
And the After the Bell Averaged Bid/Volume sales? NIR is a Very Hard Core Firm of Traders, Their Hedge Fund "AJW Offshore" is one of the Top 50 Hedge Funds. Thats one Big Great White Shark!
BTW, being a mod of a board doesn't make me any different than anyone else here, anyone who is Long on this stock "Are All in this Together", No matter what walk of life you come from.
In My Opinion the Float may have Increased? If the Float did NOT Increase, then the Convertibles that are being dumped after the bell, (the Form T Averaged Bid and Volume Sells from an Institutional Lender), These shares were Restricted when originally issued, but NIR Chose to hang on to them until the New Owners, (Board, CEO, ect.), (The Guys that bought the shell), NIR Just plain waited until they got off the ground somewhat and then used their Hedge Fund to Manipulate the Price up, then "Sold Short" a ton of shares before dumping the Convertibles, so when they are done dumping the Convertibles, the share price they cover at will be very Profitable for their short sales. Wash, Rinse, Repeat, MAKE MILLIONS!!! Thats just one way they do it.
Thats my opinion anyways, in a nutshell.
I think it's time for a call to the Transfer Agent and get the Current Restricted Number of shares. Double check to make sure the A/S is the same too.
Mugs; It doesn't matter if they file their 10K on time or not, they are "PINK". Pink Sheet Stocks are not required to report, and to get "Relisted" back on the BB and back into "Reporting Status" they have to catch up the last 5 years of 10K's & Q's, Since there was no Symbol and CUSIP Change. Sure getting financials out for the past year would be nice to see, but it's not going to have any impact, (In my Opinion), unless they get "Relisted".
You guys that have been extremely critical of my postings, (Posting my opinion that a Hedge Fund is shorting us), do you guys still think I'm full of crap now???
I even found out exactly which Hedge is doing this, they are listed in the Top 50 Hedge Funds, no small timer messing with us, it's one of the Big Boys.
Personally, I don't think the New Board and CEO are concerned with the PPS right now at all, they definitely are not watching it like many on this board are, they have their hands full working to get the Company "Off the Ground" and into operation mode. I doubt if they will be concerned with the share price until they have the manufacturing plant up and running, and orders being shipped out on a regular basis, and a constant Revenue stream coming in.
AND Even more Importantly, (As far as the Stock is concerned), Getting the Financials caught up to the point that they can apply for Relisting on the OTCBB, and get back into Fully Reporting Status.
Ya know, in all reality, everything I just wrote could EASILY take 6 Months to a year to get all that done? Sure they could have the plant Manufacturing within a couple months, but to get a Steady Revenue Stream coming in, and getting all the financial caught up, is going to take alot longer than many people think. When the former CEO had the 2004 and 2005 10K's and the 10Q's for 2006 done, it took the CPA Firm approx 4-5 months just to do that, and since there was no Name or CUSIP change done here, just a CEO, Board, and Business Model change done, I believe they will have to have all the filings caught up before getting relisted, that means the 10K's for 2006,7,8,9 and 2010, "THATS 5 YEARS OF 10K's", So yeah I don't think these guys are even looking at the PPS for a while. They seem to be here for the Long-Haul, and when the company gets to where they need to be, the PPS will follow. Personally, I don't see the "True Intrinsic Value" of the Company showing up in the PPS for at least 6-12 Months at the earliest.
During that time, you can expect the big money funds to keep playing their games like we have been seeing for months now, thats my opinion anyways.
Michelex was Delisted in May 2005 for failing to file their 10K for 2004, The former CEO had some of the Filings filed and caught up in late 2006, but i don't remember how far he actually had the financials caught up to?
karbo, Sent you a PM.
Most likely "Averaged Priced Convertibles", They have to sell them at the Days Average Price and only a % of the Daily Volume. We've been seeing this for 2 weeks now I believe.
Hcotton; I know this isn't good news for any of us shareholders, but it is a REALITY that at least some of you guys are realizing. I totally agree with you that there is a Very Significant Short here, and they have unlimited resources, "It Costs $2.50 a Share to Short-Sell a Penny Stock", now who in the world has cash like that??? I know there are some posters here who don't like me simply because I tell it like I see it, And I don't just post Crap because I think I have a "Hunch"!
I only Post these things "When I know" something is going on, I have to Post it no matter who likes it or not, because in the end, "It's The Truth that Makes You Free". Seems like I've read that somewhere? Hmmmm? I won't post where, if you don't know? Then look it up.
The Bottom line; There is someone Selling MLXO Short and has been since Oct. (from what my DD is telling me). If anyone has any other info on it, PLEASE By all means, PM me or email me at;
investinmlxo@gmail.com
For those of you who would like to know more about this and the proposed tactic the Trading Group I Am involved with has on the table, drop me a line.
(Look folks, I'm not the "Bad Guy" here, even though a few have tried to make it look that way. Some have never heard the Phrase "DON'T SHOOT THE MESSENGER"!!!)
I want to cram this up Shorty's behind more than just about anyone here, but it's not an easy thing to do, sometimes it's almost impossible. And it's definitely impossible for those who think it's not real/not true. Well if it's not, then Please, By all means, let me hear the Naysayers opinions on why we are diving after a day of Great News, instead of Climbing like many thought we would?
I saw this coming a mile away.
w, MLXO has had only 1 trading day where the Volume exceeded 100MIL in a day, and thats when Cornell dumped a "HUGE LOAD" of Convertibles back in March 2010. Other than that, there was only 3-4 times in 2010 where the volume even got up over 50Mil. There are many of us Longs who have been here for Years now who have a hunch that the current Board and associates were the ones buying up most of the cheap shares that Cornell was Dumping.
There happens to be lots of evidence of Hedge activity here, I have posted about some of it. Look I Am NOT Trying to be negative, I tell it like I see it. And I have said that it is "My Opinion" also. Nobody has to agree with me if they don't want to. More people agree with me than are posting on the board, thats for sure. My inbox is proof of that.
w, I have been posting about Hedge Fund activity here for Months now, so if you believe I Am wrong about this, what is your opinion on the Trading Activity we have been seeing since Oct. here???
I'm really anxious to hear what your opinion is on it? I've been studying Toxic Finance and Hedge Fund trading practices for over a Decade now, and I know what I see in the T&S Prints. So whats your opinion??? Do you have one that has substance to it? Just asking, if you don't want to post it, then don't, you're not obligated to.
w, Agreed, Lets move forward now. Being that this is Friday, and Monday is a Market Holiday, who knows where this could end up? I'm trying to wire more cash in right now in case it takes an even bigger dip.
w, A Moderators job is not to "Pump the Stock", A Mods job is to moderate the board, do you know what the word even means? Besides taking care of the I-Box, the main job of a Moderator on a I-Hub board, is to oversee the postings and keep people from posting Personal Attacks, Off-Topic posts, Spam, ect. ect.
I don't try and bring "Positive or Negative energy" I Tell it like I see it, if you don't agree with my post, then ignore it. I have a right to post my opinion of whats happening to MLXO, just like you do. But I Am NOT Attacking you for your opinion, Am I?
w, I will talk about Hedgers if I please, and it is not any of my posts that are scaring people away, they are watching the PPS and the Time and Sales prints alot more than they are watching anything I post, here you go again, trying to BLAME ME, for the stock dropping. It's been dropping "Long Before I said anything" Today.
comploaf, Thank you for your "Cordial Posts", Thats the type of posting that this board is supposed to be about.
Listen, everyone else, "Just because you DON'T AGREE with someones opinion" DO NOT ATTACK THEM, Keep your Disagreements Cordial, or they will be Deleted. Personal attacks will not be tolerated, Period. MLXO is getting Beat-up Bad right now, and this is not the time to start throwing Darts at People you don't agree with.
You don't believe Hedge Funds short-sell Pink sheets? How little you know! You have not been doing this very long, that is obvious.
karbo, Yep, since 2005, so whats your point? "MY OPINION", that we have a Hedge Fund shorting MLXO is My Opinion, you don't have to agree with me. But don't start attacking me for my opinion.
What if I Am right? And ther actually is a Hedge shorting MLXO?
Negative? What is negative about posting what I believe to be the truth? What if I am right and there is a Hedge Fund Short-Selling? What would your Diatribe be then?
Klee, You can't believe all the data from those reports, many of them are Skewed and incomplete.
Thanks. I'll be watching.
Those that believe what I have been saying tell me about it Privately and don't post on the board, maybe you guys that have thought I have been full of chit, maybe see what I have been saying now? "Hedge Fund Short Selling" the signs have been here in the T&S since Oct.
The PR from today is posted at the Top of the I-Box for anyone who hasn't seen it yet.
cuban; This stock will not realize any true "Intrinsic Value" until they get ReListed on the OTCBB and get off the dam Pink Sheets. The MM's that make the Market on Pink Sheets usually own the shares they sell to retail buyers, thats one reason why they have so much control over the PPS. You would be amazed at the amount of Investors that "Will NOT Touch a Stock" Simply because it is a Non-Reporting Pink Sheet.
I can remember way back in May of 2005 when MLXO was Delisted for failing to file their 10K for 2004, the number of Investors that bailed the day they became a Pink was unreal. I had some email with a few of them, and they didn't care about how big of loss they took, the Stock went Pink, and they Dumped it, Period, end of story. There are a lot of Investors like that. One of the best things MLXO could do right now, is get into Reporting Status, and get back on the OTCBB, then we would see a whole lot more Interest than we are seeing now.
brich; I didn't say it was a "Bad Thing", this is exactly what I mean in my post about taking what I post out of context. Nowhere in my post did I say it was a "Bad Thing", so please don't go putting words in my mouth. That happens all too often here, someone starts down that road and a few posters start making me look like the bad guy or some garbage like that.
I Am simply pointing out these "After the Bell" Blocks that we have been seeing on the T&S. My opinion they are most likely Convertibles. If they are Convertibles, we have no idea how long they will be doing this? We have no idea exactly what the Agreement they signed says because they have not filed anything. Right now they could possibly be using Restricted Shares that recently became Unrestricted (Free Trading), but what happens when that runs out? The A/S is already Maxed out, so is the O/S, and everytime they sell more the float gets bigger, I'd like to know where these Convertibles are heading? How much are they collecting right now from the open market? The company needs to address this, as well as the "What happened to NIR? Question.
If Michelex owes them more than they can collect with the current A/S and O/S, they will have to make the Authorized number of shares Higher, in order to issue shares to pay the debt. Thats just how it works.
buc, I posted that because people need to be aware of whats going on behind the scenes that they don't see, and this Directly affects our Equity. One of the Biggest and Riskiest Problems about a company like Michelex "Still Being A PINK SHEET" is that we do not have access to the Information that Investors would Normally have Access to, for instance;
The Details, and the "FINE PRINT" that is in that $3.5 MILLION, 3 year Convertible Agreement they signed with Moriah Capital? We Don't know the Details, but make no Mistake about "One Fact"! Anytime a company signs an agreement, "Loan", For Convertible Debt. like the one Michelex signed. The "Lender" has the Power Granted to them to make the necessary changes to the share structure for the shares to be issued to collect their Debt and Order the Transfer Agent to issue shares to the Debt Holder when the Time Comes that they are Due for Payments, and all sorts of various powers can be granted to them, they could even Increase the Authorized Number of shares if it's written in the contract.
Example;
In 2004, when Michelex Signed a $10 MILLION "Convertible Debenture", Revolving Credit line with Cornell Capital, they did a Private Placement of shares for $1 Million Dollars cash. This is what Cornell Used to Short-Sell the Company Stock "BIGTIME". The Credit Agreement they signed also gave Cornell Power to Do what they needed to do with the Share Structure and the Transfer Agent. They Manipulated the Share Price up to $1.54 a Share in Oct. 2004, and then Cornell "FORCED A 3 FOR 1 FORWARD SPLIT" Of the Common Outstanding Stock, because there were not enough Shares available for Cornell to Collect on the Debt. They then Shorted the stock from the .50 area down to the .01-.02 Single Digits. The CEO could not do anything to stop them from doing the "Forward Split", when he signed the agreement, he gave them the authority to do this, without even realizing it! Cornell was also the one who got the Authorized Share Number up to 1 BILLION, because after they shorted the stock down so far, they need "MILLIONS MORE SHARES" To pay the debt off than they would have needed at .50 a share. (See the Crooked ways the use?)
Now it is my belief that this NEW CEO is smarter than that, I doubt that they signed a deal that would give Moriah that much control, but even so, they still have a right to collect the debt and makes changes accordingly for the shares to be issued. We really need to company to file some SEC Filings, on the road to getting "ReListed", and allow Shareholders access to info like this deal with Moriah Capital.
Personally, I would like to know what happened to NIR? If they were paid off and are gone, I would like to be able to read about it. They shoud file some filing on things like this, because Michelex owed NIR $1.2 MILLION and that debt didn't just disappear, it either got paid off or they are still here?
The "After the Bell" Form-T Prints you are seeing are 99% of the time, Convertibles. They have to be sold according to a specific % of the Average Volume and Average Price, sometimes the average price is based on a 5-10 day trading period, the amount of shares they can off is usually based on the daily Volume. There is a Very Slim chance that these are not Convertibles, but I seriously doubt it. In all my years of Trading, what we are seeing is most likely convertible debt being paid-off. Please don't jump to conclusions, This is "My Opinion" based on many years of experience. If anyone does not want to agree with my post, that is fine, you have a right to disagree, Just "Keep Things Cordial" on this board, Period.
This Used to be on the Michelex Website, but I cannot find it anymore, maybe they took it down after a while so it would not spook people away? I don't know. This is what it used to say below, now the same date has taken out the details, heres the old version, (This could very well be where the Convertibles are coming from);
July 1, 2010 - PPC ACQUIRED MANUFACTURING ASSETS
PRISTINE PHARMA CORPORATION HAS ACQUIRED THE MANUFACTURING ASSETS OF A LIQUID & SOLID DOSE PHARMACEUTICAL COMPANY. MORIAH CAPITAL LP, A BOUTIQUE FUND IN NEW YORK HAS PROVIDED $3.5 MILLION FUNDING FOR THE ACQUISITION, WHERE IN PRISTINE PHARMA CORPORATION HAS SIGNED A 3 YEAR MANDATORILY CONVERTIBLE PROMISSORY NOTE IN FAVOR OF MORIAH CAPITAL
Deano, I'd say we had a Float of Approx. 28-30 Mil I remember the O/S was approx. between 70-80 Mil. Sent you a PM.
Yep, I got your Messages, just been very busy this week. I have alot going on right now. Besides trading, I own a couple Businesses, one is a Recording Studio, and I have my hands full with that right now, have a Double Album in the works at the moment, that we are pushing to get completed for a Summer Release, have a New Website going up with some Free Downloads of a Single coming out. I have several Servers and a ton of Computer Hardware we are working on for this, so I'm not Ignoring the emails, just really busy. This weekend I will get everyone caught up. PROMISE! LOL
QUESTION; Was anybody here, (Meaning here Invested/Trading MLXO), in March of 2006?
(I know harr, hurley cruppers, and a couple others were here) I'm asking the Majority of people watching this board and posting. I'm Just Curious, due to what happened that month back then.
This is one of the things I was talking about yesterday, whats happening behind the smoke and mirrors. If the MM's are filling a Lot of "Buy Orders" off the Bid, what appears to be Large Buys on the ask is actually Short Pressure.
Now I'm not saying that all of it is Short Pressure, and I know I cannot be 100% sure of this, thats why "This is MY Opinion" Only, but in my years of Trading and being a Student of Learning about Toxic Finance Entities and how to spot their activity, Hedge Fund Practices and spotting their activity, as well as many other things I've been studying over the years, this is just one of many signs to look for.
The group I am part of believes we have been seeing activity on Michelex for quite a while now, that is why I made a post about some of these things. I said a while back that something might be coming in Feb. and it appears to be starting, the Increased Volume is a sign of what I was talking about. I will not post about this on the board, for the simple reason that some of this is a bit complicated, and the way some people act on these boards, can easily take things the wrong way, and then start posting crap about me, like I have already experienced. Too many people tend to criticize things they don't quite understand, and think it's being "Negative" or something, I have been finding that there happens to be many people here who understand very well what I am talking about, BUT They either don't post or hardly post at all! The email and PM's I have received is proof of that. We have over 200 boardmarks and maybe a dozen or two actually post on the board, it's amazing the reasons people have given me as to why they don't post on the board, most say approx. the same reason, but they are reading it. I'd say we have 4-5 times (or more) as many people reading this board, than actually post on it.
Deano, I know what your saying, I believe that Michelex is DEFINITLEY Going to Increase in Share Price and Make Shareholders A Lot of Money, BUT!
The Increase in Michelex Share Price and it's Intrinsic Value is going to be A Slow Growth Process, thats where people get confused. These Guys, New CEO and on this New Board are Looking to build a Long Lasting Solid Company out of this, and to think that Michelex is just going to Rocket Ride everytime time News is released is more Wishful Thinking than anything. The People on the New Michelex Board are not looking at the Daily Grind of the share price like many of you guys here, they are Looking at the Long-Term Share Price. And thats the BIG Difference where Hedge Funds Come in, and their Manipulation. So many people just Play right into their hands without realizing whats really going on behind the Smoke and Mirrors that they can't see.
Hedge Fund Managers know when a Start-up Company is going to take a while to build up it's Intrinsic Value, and all during that Long Drawn out process, is where they play their games and make Tons of Cash. Michelex is not a Heavily Traded stock, so it's not a Big Hedge Fund Target, but it's still A Money Maker for them, just a slower paced, longer drawn out type of play. But whether you want to believe anything I'm saying or not, it is not going to change the facts, if one is here. And if I Am right, like I have been saying for Months now, you can count on A Lot More "Funky Looking Trades" on the T&S, for those of you watching this daily, you know what I'm talking about.
Deano, I believe Cornell is gone, but theres no way NIR is gone unless the New Board paid them off, and why would they do that when NIR was the one who Brought them to the table? Thats why I have been talking about "Hedge Fund Activity" on this stock, some of you guys don't want to believe it, But as an Experienced Trader and a Long Time Student of Toxic Finance and their Trading Practices, and Learning how to Profit off their Trading Practices when you spot it, it's as easy to see as the Smoke and Mirrors in a Half-Azzed Magicians show at the County Fair!!!
I can spot Hedge Fund Activity on Penny Stocks very easy, on the Chart and the T&S, for those of you who can't, my advice to you is to "Learn How as fast as you Can" If your going to Trade Penny Stocks. It's the Best way to Beat them at their own game, because Hedge Funds make more money off Penny Stocks than you can Imagine, it's unreal.
I was told way back in 2009 that the Former CEO would still be a 25% owner when the deal was completed. Even though he Resigned, hes still involved, who do you think Pristine made the Deal with to use the Old Michelex Plastics Plant to Convert to Pharma Manufacturing? I doubt if Tom G is selling anything anytime soon. The guy took a Huge Loss on this Company over the past 5-6 years, granted it's his own Dam fault, for never doing one single thing he said he would, among other Fumbles. But he lost his "Pot of Gold" he had with this Company, so you can bet your Marbles he won't be selling anything until this gets way up to a share price worth selling at.
I know some of you guys don't believe much of what I post, but thats your choice. I happen to know a lot more than I am even letting anyone here think I do, but one thing I know for sure, NIR is Involved with this stock, I was told that NIR Brought the "Buyers to the Table", and Unless the Board "Paid them Off", They are Still here with A Lot of shares. I have not heard anything on NIR being paid off, I was told that Tom G gave up "Half his Holdings" in the Company for the Deal to go down, Who do you think got "Half his Shares"?
And during 2007,08,09, and up to June-July 2010, Cornell Capital Cashed in on Free Trading Convertibles that were court ordered in a Judgement they won in Court against Michelex. Now I Wonder who was Quietly Accumulating all those shares from Cornell that they sold down in the Micro-Subs, (.0002 to .002)? I picked several Mil in the Micros, some at .0002, but thats Pocket Change to the Entity that Bought "Hundreds of Millions" that Cornell Unleashed.
Ever seen that skit on that show, I think it was "In Living Color", (I Think), Called; "Things That Make You Go HMMMMMM?"
Just a note for everyone who emailed or PM'd me, I will be sending replies out late today or this evening, I had a big weekend so I wasn't able to get to them yet.
I appreciate the support from those of you who don't post much, Some Not At All, But are watching the Company, and this board, and have been very Cordial and understanding with me, I just want All of you to know that I really appreciate that. My goal has always been for the board to be like that also, where people are Cordial with each other, Even if you Don't Agree with them.
If you don't get a reply tonight, I will get to everyone in the next couple days at the very latest. I have alot going on right now, so I'm doing my best to work everything in.
Thank you!!! I wish some of you guys would stop the madness and maybe have a look at what our Group has came up with, it might blow your mind. It has to do with getting the Michelex Stock Revved up Bigtime, the Stock needs a Breakthrough of the Resistance, and I'm talking about more than "Chart Resistance", theres another kind of Resistance that we are up against. And a Group of over 2 Dozen Savvy Investors, some with some serious cash, have came up with an Ingenious Idea. But it's up in the air still, nobody has decided on whether they want to for sure or not, but if they decide to, it's going to be fun to watch and be part of, that I can tell you for sure. This stock needs a little kick in the rear, if you know what I mean. "Just like my Mule"! LOL, (Thats from a movie). Late for my meeting now.
Deano,
Doing a name/symbol change and a cusip change is totally different from what we have been discussing. Thats something the Company has to do, if they choose to do something that drastic. The Company would have to believe that there is a Considerable amount of Short-Fails, to even consider doing that. I don't believe there are any "Short-Fails" on Michelex, there are so many Free trading shares available that "IF" There is a Hedge Fund here, they don't need to "Naked-Short" the stock, which is something that the SEC has put Various Laws into place to stop the naked short-fails anyways. In the Current Market since the SEC has placed the new laws into practice several years ago, Hedge Funds Borrow Legit shares, mostly from the online brokerage houses, TDAmeritrade, Etrade, Scottrade, ect.ect. And the MM "NITE" is the #1 Main Market Maker they use to attain the Legit Shares they use to short sell with.
I Am Not saying that "This is exactly what is going on with MLXO", I was simply pointing out to you how they work, this is how they short-sell "Any Penny Stock".
"IF", MLXO is being "Short-Sold", That is how they are doing it, the way I just explained.
Now, "In My Opinion", MLXO is being Short-Sold and I believe it has been going on for a while now, and the Investors/Traders that have been discussing this together as a group believe this also. This is "our" opinion, nobody here has to agree with it if they choose not to, but Please be respectful of our opinion, just like everyone else wants there opinions to be respected. Thats one thing that is going to change on this board, everyone has the right to voice their opinion, "WITHOUT BEING CALLED NAMES AND VERBALLY ATTACKED", That type of behavior has no place on this board whatsoever.
Johhnyboo, MLXO is definitely going to have a Rocket Ride, we just don't know when that is going to happen, but my post I just posted, that a few people that must have a few fries short of a Happy Meal, seem to think is some sort of "Negative Thing", just don't get it? Well too bad for them, some of these same people didn't listen to me way back in 2007 and they won't listen to anything I say now either, so who cares? I don't anymore.
There are probably over 3 dozen investors getting on board and the ones who want to bury their head in the sand, and Focus on "ME", instead of Michelex, well thats too bad for them. Theres more "Level-headed People" than the ones that are like I said "A Few Fries short of A Happy Meal", that keep blaming me for something? I haven't quite figured out what I'm even being Blamed for? My God all I Am trying to do is get the Monkey off the Back of this stock so it can have it's day in the sun, ya know up above the weather type of sun? Share price up above the weather? Well it's not going to get there by childish idiots pointing fingers of blame when nobody has even done anything wrong to begin with? Does that make sense to you? I don't get it? Well soon enough, it will speak for itself. Cheers.
ATTENTION MLXO Investors;.................................................................
There is something that has been in the works for several Months now, between myself and a couple Dozen or so Investors, concerning Michelex. There are a number of Investors that believe that this stock has been Manipulated for quite some time now, and something needs to be done about it. And since the SEC is about as Reliable as a Broken Watch, even more so with Pink Sheet stocks, Average Investors like most of us here, have a very limited arsenal of ways to Combat this type of thing, especially when it may very well be a Hedge Fund that is doing it.
The Group of Investors that have been Discussing this Privately for the past few Months have came up with a couple Ideas that may be able to help get the Monkey off the Back of this stock, any of you I-Hubbers that have been watching the daily Time & Sales prints know exactly what I'm talking about. Something is definitely going on that we cannot see, except in the T&S, and whoever/whatever is behind it doesn't want us to see or know either. The Investors that have been Discussing this are not 100% sure if we want to try to do something about this or not yet, it is still up in the air. But this is not something we want to talk about on the open board, the main reason is because "IF", and I mean IF There is a Hedge Fund behind this, they are definitely "Reading this Board", and most Likely have a I-Hub Member or Two here who keeps tabs on Investor Sentiment here, and since so many people post what they are buying, this board becomes a Platform of info for them.
Anyone who is interested in getting involved with the Discussion and wants to know the couple ideas we have so far, or if you have any ideas yourself, feel free to send me a PM, I have a Paid account and can Reply to you, if you only have a free account, post a message on the board and I will send you a PM. Like I said, "IF" there is a Hedge Fund that is Manipulating this stock, they are most Definitely Reading the board, and we are not about to let them know what we are thinking. Everything else Concerning MLXO is open for discussion on board. But I feel that this subject deserves Privacy, if indeed there is a Hedge Fund reading our posts. I also have a email address I started specifically for this board, if you want to email me about this the address is;
investinmlxo@gmail.com
MTFloyd; Thank you for your post, what you posted, that I Am replying to is Exactly the type of Behavior that is going to end on this board. Everytime I post something, there are several Individuals who feel they have a duty to, as you said, "Bite my Head Off", it's become a Daily thing, some serious changes are coming to this board, and the tone of this board is going to be Cordial, and the nonsense is going to stop. I've spoken in depth with I-Hub Management and already have their agreement on what I proposed. Thank again for your post, and Thanks to all of you who have sent me PM's and emails over the past few weeks/months, that have been A Source of Encouragement for me here to Keep Pushing on with what I believe, it takes alot to keep an eye on something like this for 6 years, while trading Dam near Full Time on other stocks.
I Really Truly believe Michelex has a Very Bright Future, but at the Same Time "WE NEED TO MAKE SURE THE NEW BOARD AND CEO ARE BEING 110% HONEST AND TRANSPARENT WITH US". Which a Few posters here seem to have a Problem with, I don't understand WHY Any Shareholder would NOT Want to keep the CEO and Board in Check, and make sure that their Statements to the Press are Verified and backed up with Truthful Facts? Seems to me, after what happen to this company Before this Buyout/Merger took place, that people would want that to be the Number #1 Priority? Many of you do, and I Thank you All for your Numerous Cordial PM's and Emails supporting me in this effort.