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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.
What you are saying is that if they were buying back, pps wouldnt be down so much. The pr was released on September 5th. The opening price of MONA on September 5th was less than .01 around .006 .007, we are trading in that range now. We are not down at all according to your specifications. The pps in fact went up after the pr because they were buying back. In reality the pps came back down to these levels because of manipulation from shorters and naked shorters (initial cause of price drop to .0003) and of course profit takers. The naked shorting is the key factor that cannot be regulated.
Its not falling, it is actually going up. A 52 week low of .0003 and now the price is around .01. That is a big upward trend. A stocks price does not go up indefinitely. It has to have some corrections. Where has there ever been a stock where the price has never pulled back?
WOW over 6.5 mill form T buy.
a buy of 1000 shares
a sell of 404 shares hmmmmmmmm
Please provide a link to show where the company is bringing the share price down
Please provide a link to show that hedge funds or MMs are bringing the share price down.
LOL good question. i was going to ask the same.
Pink sheets is alot closer to true value!!!!
You cant tell a company is a scam by looking at charts????? It takes more than that.
What the rule says, and who actually follows the rules are two different things. Thats why we have Jails!!!!!!
that was a nice million block # 39
can someone post L 2 thanks
yes.
The problem is trying to get your fiends close and your enemies even closer!!!!
Yes same things were happening to me. MANIPULATION by the MMs.........
next 10?
Tell me how they can post a buy as a sell and down tick it on that sell.........
look at the buys going through....
Yes MM manipulation. They are manipulating. Someone has to be short a bunch of shares, otherwise they wouldnt be doing this.
I have also seen my buys go through as sells and it down ticked on it????
If that is not manipulation, then I dont know what is?