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The issuer has identified a public company trading on Pink Sheets that will acquire PP365.Com on all stock basis. The majority of the purchase price will be paid to MONA shareholders. Our corporate advisors are currently working out the details of this which will be released shortly.
The issuer has also identified a public company trading on the Frankfurt Xetra exchange that will acquire the China Marketing Cosmetics company EEIGI on all stock basis. Unlike the USA markets where dividends must be issued from treasury in a form of restricted stock there is no such mandate in Germany. The majority of the purchase price will be paid to long term MONA shareholders. The corporate advisors are currently working out the details of this which will be released shortly. In addition work on a new website for EEIGI's proprietary line of all natural Health and Beauty Aids (HBA) is nearing completion.
Ahh well there were also posters who posted about fake dilution and even went to the extents of changing the companies PR to carry out the fake dilution even further.
I dont see any connection. Completely different scenarios.
who posted about a fake dividend?
I thought I was. It looks like you are following MONA. Are you following the discussion though? If I recall correctly, you said that by MONA releasing information on pinksheets about the cash divvies they are pumping their stock to dump more shares AKA P & D. What you provided is before the release of the info about the divvies, that updated 650M is for 6/30/08. Almost 3 months ago. That does not prove they are dumping shares after the release of the information about the cash divvy. Therefore, no proof P&D. QED
GLCC divy. I thought you were aware of that divvy?
So you are saying you want the company to say the divyys are going to be this amount, you will get it on this date, and BTW the float is gone. This kind of info is insider information, which is exactly why insiders have been buying. Didnt MONA just mention the divvys a few weeks ago. Things like this, I am assuming, usually take time. If you can merge 5 companies in one, then spin them off into their own on other exchanges within two weeks, then great; but, in reality, I dont think things can happen this fast. I know some have waited for 2 or 3 years through all the r/s and name changes, many stocks (higher exchange) do not consistently move up in price; granted by that time they are established to the point that they have few name changes or r/s; however, they all start somewhere. MONA started, learned, and is in the evolving stages to a better company. Maybe the problem is, most do not see pink sheets as long term investments; they see them as get rich quick ideas, and when that doesnt happen, one loses all interest and starts to become hindered by lack of patience. IMO MONA is the pinky stock that will change everyone's perspective and MONA will be a model for long term investing in pinks.
They put out the PRs to inform the shareholders of current and future plans of MONA. They never said anything about the PRs being the companies workforce. If they didnt provide the PRs about the companies actual workings, how would investors be able to base an idea of what the company is doing?
Really where is this proof of "dumping"
The pr didnt say did it?
Yes I will be interested to see what you find out. I am predicting some series head turning also.
LOL no. Just inquiring. I do like the idea of steel belted radial servers though.
"anybody with a fax machine" Really, could you post a link to info that explains how to do this further. I want to do some updates.
How do you know the dividends are worthless? There is a big difference between being restricted and being worthless. With that logic, I could say the dividends are worth far more than .70, they are worth $2.10 apiece.
"that order would be posted at the customer’s own designated price and marked as an “unsolicited” quotation"
This is not being done.
Obviously they are because putting in a higher bid doesnt work!
I agree.
I am assuming not all the bids and asks are on "board" yet. It should change right before market open. But the past week or so there has been some manipulation in the spread.
yes the MMs have not been properly posting the best bids. Clearly a form of manipulation. This will be watched closely now and will dramatically increase PPS and start to show true values when this manipulation is stopped. Should be an interesting week!
RipOffReport.com is a worldwide consumer reporting Website & Publication, by consumers, for consumers, to file & document complaints about companies or individuals who ripoff consumers. Unfortunately, the good intentions of this website has lead to controversy and extortion. The Rip Off Report doesn’t check to make sure consumer complaints are illegitimate and there has been allegations of The RipOff Report creating fake complaints about companies for the purpose of extortion. Ed Magedson is the owner of RipOffReport.com and it seems like many companies are looking for him and are tying to sue him for posting fraudelent information.
The Rip Off Report uses the ranking power of their website to rank for companies names and use those rankings to extort money. We have successfully worked with many companies already to push the Rip Off Report ranking back into Google and remove it from the top rankings that are unfairly hurting companies. This is the process of. We are sure there are many other companies out there that need our help to remove this bad publicity from the search engines. We have a service that we primarily use for our general Search Engine Optimization clients that has been utilized with pushing RipOff Report rankings back into deeper pages of the search engines very successfuly.
http://blog.usweb.com/archives/helping-companies-who-are-being-extorted-by-the-rip-off-report/
According to some of their recent PRs and their updated website they are in the process of becoming a reporting company.
They don't know the exact date and time when they are coming out. Anyway, anyone is allowed to make an educated guess aren't they? I can say a pr is coming out tomorrow or Tuesday. If that happens does that make me a company employee?
Really. So you are saying that one cannot learn from their mistakes? You are saying that MONA is hindered by past actions and they cannot do different things in the future for a betterment to shareholders and their company? I have to strongly disagree. I believe past experiences of MONA has laid a good groundwork, foundation, path, etc to better fulfill current and future endeavors. Yes past experiences with MONA have to be taken into account in general, but one cannot rule out all the positive corporate decision makings happening now for current and future results.
MONA CEO Yong Chen advised; "We have undergone a 'big picture' analysis of our corporate strengths and weaknesses. The outcome is a clear change in direction in what we consider to be our core business. In essence, see ourselves as a hybrid type of incubator for Chinese private companies seeking to go public. However, unlike a typical incubator, we only intend to work with companies that already have proven success, demonstrable growth capabilities and are well past the development stage. Returning visitors should refresh their web browsers to see the new information, on our corporate web site.
Frankly, this year was a bit of a learning curve that ultimately led us to this point. There were certainly a few missteps, but overall, we are very excited about the near future.
The most recent two projects we have announced, Chinese Marketing Company (Sino-Medica) and Hubei Chuguan Industry Co. Ltd. are successful, well-established companies in their respective markets. We are talking multi-million dollar asset bases, top line revenues in the millions and very serious growth opportunities.
We will be adding more information regarding specific projects in the coming weeks. In the mean time we felt it was a strong priority to provide more information regarding the Company's new direction.
I dont know, I show on my chart that a trade did go through at around .06
form T buy of 1.914 million
We now know that people are posting MONA prs on investing boards, and changing the information to make MONA look bad. As in the case this morning, they added dilution to the pr, which was not in the actual PR anywhere that was released by the company. This is considered illegal. Someone is trying to knock the PPS down and hurt MONA.
it looks like a trade did go through at .06
I dont think a company can PR information that shareholders will receive cash and stock divis and not follow through with it. That is illegal, just like the poster who changed MONA PR and posted it on I-hub. All have very hefty penalties and and jail time.
It says mona
.2123 USD
A GOOD 21 cents!!
It was posted as a buy according to the trade chart on i-hub
Not if millions of shares are naked shorted.....
Also the variables of profit taking, and the variables of conversation influencing others to make irrational decisions.
Itlogic when you factor those variables in, let us know, then you will probably be closer to having this stock predicted to an exact science.
You are correct it is supply and demand. If you are going to throw science into the scenario, you cant prove it wrong because you dont have all the variables to the problem. IE the amount of shares that are naked shorted. You are not even considering that variable.
Go to pink sheets, click on the filings tab, there you will see a heading that says supplemental information (3 of 4) "proof of retail stock re purchase 2 million of 50 million bought"
It is all rather easy to find if you want to do the leg work.
Cause and effect. Like you said, they can buyback shares from individual shareholders; they could be doing this now; as before, they were doing it on the open market. They can mix their options and buy the shares anytime they want, they dont have to do it 50 million in one buy in one day.
I said they are buying back (according to pr and your statements). I didnt say they already bought "it" back.
Things do take time. Can you really expect a stocks price to increase over 20 times current value in less than 6 days?
Sure they can be shorted illegally. Its called naked shorting and is overlooked by regulatory agencies.
BEIJING, Sept 05, 2008 /PRNewswire-FirstCall via COMTEX/ -- MonArc Corporation, www.monacorporation.com, (Pink Sheets: MONA) the issuer announced today that it has entered an agreement with several of the majority shareholders, that the Company will not seek any sort of additional equity funding or any other sort of financing that would create dilution in the Company's stock.
In addition, the Company plans to conduct a share buyback of no less than 50 million shares either on the open market or directly from the stakeholders, and retire them back to the treasury.
The anti-dilution agreement is actually a lock up agreement. It is valid until the spin-off of existing companies is completed and dividends have been issued to current shareholders in accordance with the previously made announcements. This encompasses the acquisitions of both the direct marketing company, MCD, as well as the acquisition and spin off of the environmental oil services company, Hubei Chuguan Industry Co. Ltd.
MonArc CEO Chan Yong told investors yesterday that; "We have made a series of major announcements and have repositioned the Company and its core business model in a very significant fashion. This agreement is designed to formally address any uncertainty about the equity position of the Company and assure current shareholders of a stable trading environment to avoid speculation regarding any potential dilution.
We are also initiating a share buyback program of no less than 50 million shares and their retirement to the treasury. Shortly we will post our actual certified share count from our transfer agent, Heritage Trust on Pink Sheets showing the current share structure sum and the updated share structure once the buyback is completed. We feel very strongly that the Company is entering a new era and that our shareholders can look forward in confidence to superior performance of the Company's stock."
Mr.Garr Winters, the company's Secretary added, "Our stock target price aim is as close to the post reverse stock split price of 0.20 cents per share or as close as we can get to that goal. We acknowledge that there will be flippers and profit takers along the way and rightfully so, however plans and measures are being implemented as we speak that will see the greatest reward and return returned to our long term followers which is long overdue.
We have made several promises to our followers over the last 24 months that remain unfulfilled. For years, it has always been our corporate philosophy to under-promise and over-deliver. It is our intent to demonstrate this and restore our eroded values once and for all. Our new corporate business model as per the Pink Sheet filings and interview that will soon be aired on various media sources will be posted on our website shortly.