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This is about right.
The stock will revamp what it has already done.
The pump and dump is way way over. The money is made and gone.
Now to start the process over again using new vehicle.
Rinse and repeat.
OUCH Do NOT BUY HERE
In fact this may be a never buy stock. Its going back to .0001 in the next 4 years--slow slow drip. its how theses things work.
Those shells are clean--this shell is dirty.
So the company is now valued
200mmX .08= 16mm valauation today? What?
Present shares outstanding =200mm?
How about start with simple giveaway's? Ive seen Hauppauges Twitter and Facebook move from 10k to 100k in 4 months with giveaways and their sales drove up.
Like this page Twitter
Like our Facebook Page
Copy the code from Mercado Magico lower right hand page and paste on page
Winner will be announced in 3 weeks and will receive a Sony " "
Cheapest way to grab more eyes and pull people to the actual website
The stock I owned FRZT went from .0001 to .015 +1400% in two days. It took FRZT about 3 years to get down to .0001. Also I was in a stock back in 1999 eDig that went from 1.00 to 28 $ in 2 months--8t came the previous year from .001. Go back and look .001 to 26$ in less than 2 years with 180mm shares OS
With tha inkreased aktivity at NMGC: recint trading volume, help wanted ad, nn nu PR
This is nothing--no real volume PR that said nothing help wanted for one person not filled?
Maybe Neomagic will become the e commerce Grocer now. Actually if they just went to this niche--it might be much smarter than having a mish mosh of everything else.
But how how they advertise? Can they team /partner up with Organic brands?
Also what does this mean?
“As our MercadoMagico franchise expands to different Spanish-speaking countries across the globe so will be our product offering, which will include but will not be limited to physical products, for sellers and buyers internationally.”
Not limited to physical products?
OUCH!
--->We are currently seeking a Vice President of Strategic Planning in Milpitas, CA.
How long can it take to find one person? This job has been listed for 3 months.
Also how about a name change to simply Mercado Magico? The Neomagic name has absolutely nothing to do with MM. The website looks like a true OTC scam(well 99% chance this is) and looks like it hasn't been updated in 7 years. Just kill it or change the name and update it to a 2017 level.
The worst OTC stock do better PR than Neomagic. I think Tomasello is stuck somewhere between I dont know WTF Im doing and the completely opposite--I arrogantly believe I know it all!
WTF are the doing with MM anyway? The only place its advertised is Twitter and Instagram. They spent some money on bots? but then go quiet? Is it to appease SEC board to stay dark or something? Im not sure I get it. Tomasell sells his own shit under the guise Instaya---its so stupid and obvious?
Its a Hispanic commerce company that has 0 NONE NADA employees who are Hispanic?
Does that make any sense? It looked like a rogue website unaffiliated with the company used Spanish language and since then they tried to copy that?
They seem to now want more shareholders--maybe becasue dark---do they sell their own stock--have to think they do even at a penny but sht it aint much.
Just came off a successful hit on FRZT--the stock ranb 1300% and I hit 600% of it. I know the drill on these things and patience and some savvy is needed. And then it may not be savvy at all but blind luck--AND you better hope youre not on the wrong side of timing or your money can disappear quickly!lol
But this company is to quiet and vague--whatever way you want to cut it--not good. If you want to promote BUSINESS you have to be LOUD.
If your website is on the bottom side of nothing--it might make sense to somehow get on a TV show even local at 4 am or even a column in someone snewspaper. Digital print is good--Mercado Magico columns--None! Zero
Never tried I guess
I think selfinger only cares that some scker will by his stock at .0116
But between buds--I think we the only people listening
Has to be some bonafides.
Also with stock(dark) 75% of market cant buy it--and exactly Y would they anyway?
Rest of market has been pushing up for ten years.
NeoMagic has a great history of innovation, and market leadership.
• Steady, predictable sales of MiMagic® chips.---> Im not sure these even sell anymore?
• Mercadomagico venture will diversify revenue stream.-----> Has not
• We are lean and structured to be the most efficient, low cost, company.--->One employee true
• We are committed to maximize shareholder value.--->Ah stock hasnt gone anywhere since this came out accept down
• NeoMagic Team committed to bring Magic back into NMG--Havent seen any magic
• Great Platform/ Ecosystem.---> Could be but could not execute
• Ability to make complementary and strategic acquisitions such as recent---Nope nada.
Overall the 2012 presentation yielded noting even close to what they thought might happen. The owner has 46mm shares out of 90mm. Why doesnt he give up 10mm of those to someone who will come in and move this to a buck or two> It can be done--he hasnt been able to gain any traction what so ever but there is enough potential $ to get ti done
One of the big keys in those stock's rise was following. You need believers who pay to buy and hold--ANY stock whether Nasdaq 1B $ company down to a small penny stock--someone needs to be a holder This creates momentum and push--say stock moves up to .1 and these people tell their friends and family u--this is next Meli Hispanic ecommerce company from .1 to 300$$
At some point Meli was same place as NMGC--had to be.
But Neomagic/MM has to do many things here. For the most part they hide accept small account on Twitter. When they have PR its vague--no salesmanship at all.
David Tomasello--we are following the same path as Mercadolibre. We feel there is room for multi eCommerce players just like US Amzn TGT Wmrt. We have positioned ourselves over the last two years for significant growth and we have built PARTNERSHIPS with blah blha and blah. We feel ready to take the next step and we are doing ABCD now after successfully running through a smaller channel. We will differentiate our business model to accept Bitcoin and or other digital payment plans that portend to the future of ecommerece . We have interest in doing business with Pharmacies and where legal Cannabis sales. We want to be able to being any product anytime to every consumer everywhere and be at the top of the technology curve while doing so.We are going to do this this and this for sellers and create an incredible environment from sellers that differentiates us from bigger player
Our existing shareholder base is growing as is the stock price and we feel the opportunity here can have a great growth company that will reward not only buyers and sellers on our site but investors.
We have brought in blah blah Capital who has made a 3mm$ investment at .30. These investor have had great success at bringing back reurns in the 1000%++
Yada yada
NMGC has no shareholders accept those who work for the company and maybe a list of 4-5 sckers.
If this made a run to 2-3$ under legit circumstance--next Meli__ I mean bang from .1--.4 to .5 and run--the float is locked.
How many stocks run from nothing on a story--are you old enough to remember Edig? From .001 to 27.50 in 3 years based on little.
Wavx run from .2 to 51.50 in 4 years
A good one was IMDS ran from below a penny to 5.75
This HAS a story and a Gorilla as a model(Meli)
This HAS what those stocks had But I dont think Selffinger gets it. What he should do with his 600mm shares or whatever is share it with those who know how to run a company--get it going give it a shot and even if it fails spectacularly--it was a legit shot. Need to pass out the $4 make sure many get a piece--there is enough potential here in an area where the whole market is shifting anyway--AWAY from brick and mortar retail into ecommerce---Amazon is putting all out of biz
I was early 20's and put 20k into wavx at .65 it helped buy my home.
Wavx stayed in business did two equity financing--one as high as 38.00 and they never made a dime--all based on computer security. The guys who owned it--Spragues--they made 100-200mm$
David Tomasello (#NeoMagic):".. plan for #MercadoMagico to become a major #global #brand in the #eCommerce space." ? http://m.digitaljournal.com/pr/3497825#ixzz4tj9Ne8P4http://m.digitaljournal.com/pr/3497825 …
What is the plan Dave? Sell a few tonka toys?
But if they actually spent money to acquire even a small following of buyers and that snowballed--that's exactly what Im talking about? The time of the physical mall and retail are end of days. There is NO doubt about that. Other than Wallmart and Target--everyone else is a goner.
Also they can be a new wave commerce site accepting bitcoin wallet transactions. If David Tomasello had a "plan" he would tell you things like
We want to be the first major ecommerce site that accepts bitcoin "buy and sell"
We want to be the first legit ecommerce site to sell hannabis where it is legal to do so.
We want to brake into the car market. We believe ebay fees are way to high and Craigslist to dangerous
yada yada
Wow their first attempted pump in what a year and it yields nothing.
The stock NMGC is BLACK LISTED on most brokerage sites anyway?
The reality is NMGC is just penny scam. Has been for ten years+
Its pretty easy to see.
If the company just worked 1/1000 of what it could be, the stock could get to 1.-2.00. Any BS about 40$ from anyone is insane. I have purchased a couple of items from MM and it was a pleasant experience. If I had a pleasant experience than they could sell that pleasant experience to many more people. They need to get an equity financing at a much higher price--they need people on board and more minds in the process.
They need stable continuous PR--not for the stock--but for the company.
It would almost be better to buy the stock at .1--.2 than >0000 or whatever--it has NO bonafides other than you can buy a product and have it sent to your home. If that didnt work--than even 00000 would be too high.
The guy who owns this has a lot of shares. He "could"be quite wealthy if he moved the stock the right way--even if it ultimately failed. The way to do this is to follow Meli--or at a minimum follow the path. That will bring many others long for the ride.
As of right now this is a penny scam pure and simple until bonafides say otherwise. This little nothing PR is almost 99.99999% a scam attempting to get sckers to buy some stock to keep their lights on. There is no reverse merger here there is nothing but a decent e commerce site(that I believe makes very little)
The ONLY play here is
A. Get $$$$ on board to even attempt to a grand expansion that is real
B. Apply to Nasdaq for a relisting
C Hire real people
D Influx with $ at higher valuation and then bring in real CEO
Other than that this will sit PONGing back and forth like it has for TEN years at .00000 to .0001
Id predict end of the line for NMGC. They could dump it hard to make it a .00000000 stock--but the operations of the company after this long with no cash has to be at an end.
Wow they make the first press release in a year and it looks like eigth grade grammar:)
Some funny stuff--we have experienced an increase of 100k
registered buyers, vendors and social media users (including the 70k bots we added one month ago. How many actual new customers? probably 6.
As our MercadoMagico franchise expands to different Spanish-speaking countries across the globe so will be our product offering, which will include but will not be limited to physical products, for sellers and buyers internationally.”
"not be limited to "physical products" So wake up world--we be selling ghosts pretty soon. Or maybe fresh air from Iceland.
See ya next year y'all!!
This thing popped up. The reality is that this could go to 5.00 and the stock trading wouldn't be much different than it is right now. No one owns the stock but its worth every bit of 5.00 a share compared to other companies.
I don't know how the SEC would accept a spread of 200% --that looks blatantly illegal. You can get away with it for a bit but it would be surprising if it lasted.
Meli now 297$ a share market cap 13.4 B
In terms of just hype--if Neomagic did even 1 thing right--the stock would be over 3$ a share and climbing. This has more potential hype and legitimacy than any marijuana stock. ???
Meli--now 276$ a share. Wow 12.3B $ market cap.
If MM was even slightly successful this stock would be 5$
Too bad its a scam.
HAUP going to .01 They cleared out their building. Expect massive sell off
Yep it's going to zero. Talked with David Tomasello recently-- believe me he's chalked up his 40 mm shares as nothing. invest at your own risk of bankruptcy to .0000001
Meli--new high---valuation now 10.3B on its way to 30B
Here is whats going to happen with Neomagic
Absolutely nothing.
There is no business operation
I have no clue why the "upped' their twitter count with bots to 72k from 10 in a few days--painfully obvious. What does it matter? It doesn't.
Anyone who has put a dollar into this stock will likely end up with 1/5 or less of that dollar.
You just need to talk with IR once to know this is scam only--talking twice is just a rinse/repeat.
Buying a .01 stock 100k is not a big deal 1,000$ worth of stock sure isnt frontloading--its just a dumb person wasting a grand.
Could they have run this up or done something legit--I think so but its not going anywhere but eventually bankrupt and down to nothing.
This is a waste of time--thats all.
A good idea that they can add
Mercado Magico cars
Starting a "used" car auction place especially for Latin Americans is 50x what they are attempting to do now. A small fee 5$ gets your car listed in an auction or buy now. Much cheaper than ebay more expensive and better than craigslist
Now where it can scale is used car parts allowing customers to list parts for 2-3$ etc depending on the cost of item
Am I talking to myself-- yes
Is this company and stock a scam--98.9% yes
Do they care if they have even 5 shareholders-- absolutely not
Is this a waste of time-- almost assuredly
When you try to ask MM a basic question about their site--no answer
They could use MELI as an example to to start pushing this? Ive seen stocks with MUCH MUCH less trade MUCH MUCH higher--whether MM makes it or not is irrelevant. Its all about the notion that it can make the headways. By continually hiding the company--you get what you pay for nothing.
They are saying significant upside from over 10B cap. Y not get people on board with MM.com and figure it out--so much $$$$$$$$$$$?????????????????????? For this to trade at .01 is absurd.
Barclays initiates coverage on MercadoLibre (NASDAQ: MELI) with a Overweight rating and a price target of $250.00.
Analyst Deepak Mathivanan commented, "We are launching coverage with an Overweight rating and $250 price target. Our PT is based on a blended average of 25x FY18 and FY19 EBITDA, which is a premium to the e-comm peer group trading at 16x. MELI’s unit growth is well above peers and we think the premium is warranted. Furthermore, as the largest ecommerce player in LatAm, MELI is also in a favorable spot with significant upside as ecommerce penetration improves.
Y would you think this? There is 0 indication for it. The site claims they are a "growing" Hispanic eCommerce site. There is a company called Mercadolibre that is sitting at all time highs and has price targets that would make it a 20-30B company--trading at 216 today. That is so much money--even if NMGC was secondary player--isnt there investors/interest who see this and say to NMGC CEO--lets roll this to 5 bucks on the back of MELI. Its right there is you are talking cheese.
I don't think it's feasible to transfer into the marijuana business from where they are. they need to follow melo business model. If this thing is going to be anything more than a shell they need to find ways to market the site other than Twitter. this thing can have the bones for a ride to .5-1.00--the background is strange--0 hype-- but zero news in any fashion. In some ways it seems like they care-- other ways no way. It needs one good pr for a breakout and follow up and it could cook-- but I'm not confident in the current CEO Maybe her like to sell all of his shares for .15? So he can move on??
????
Either Mercado Magico had a spike of 10000000% in business in the last week or they are using bots to extreme on their Twitter feed.
While the first would make the stock go to 10.00 a share---heck maybe the 2nd can spurn .25
My confidence in Mr Tomasello is very very low. Somebody else needs to move on this stock--he cannot do it.
Ive been here for a year. All the company does is repeat the same sht on Twitter and Instagram.
Do you know how easily I mean EASILY this stock COULDVE ran to 1-2-3$ not .15 fifteen cents.
Just like marijuana stocks---look at Meli--e commerce play from SA. It hit near 210 today and some people think its going to 1000 yes one-thousand.
This goofball has it in his pockets to run this to 1-3 even 5 bucks? easily? He owns most of the float and all he needs to do is HIRE a few of the right people to make this a "small" Meli--even on the PERCEPTION thats its a small Meli--it oulc run to 5 Have seen it many times in 20 years HYPE is the biggest !!!!! in small stocks
This has MELI going 4 it---NEXT Meli NEXT Meli NEXT Meli. There are money $$$$ people from South America who can help jump on board and make this MFer jump high. But the idiot running it cant figure it out???? I mean Wat da fudge? The guy on IR sounds like a creepy creepy guy who sounds like hes holding a porn mag whiles hes talking to you--I mean he really does--its scary. They6 might have 4 employees but he should NOT be one of them.
Its either this--they try and make something happen--they need some true Hispanic help--they need to make this a run--even if it doesnt--just the perception and actions of moving towards something like Meli--as Meli keeps getting MM$ daily market cap
And youre right dude--maybe this guy CANT hes been screeeeeewwwwed on his last few stocks--this isnt Warren Buffett. BUt I mean he has a LOT of stock and he can make a LOT of money but hes going to have to share it with people who can help and that is the ONLY way this goes..
Otherwise its a nothing and he can sit here under different handles hoping to sell.01 to a few scjkers a few times a year.
Meli now near 200 and all time high. If Neomagic even did something 1/100 right--the stock would atleast be in the low $(1-4$). Meli is now worth 9B or NMGC at a stock price of 150$. I think MELI is going to double again. Maybe some new blood in the front office is justified. I think the CEO had an outline of what could be but he executed as poorly as possible--unless this is just a pure bonafide scam(but it would be hard to believe with all of the time they put into it)
Maybe new blood can shake things up and the stock can rise from pennies to low single dollars -the outline is there.
Hauppauge has sold over 750mm HD PVR units and well over 100mm in sales alone on this family in the last 3 years
I think big money for Hauppauge is moving their antenna over to the smartphone--so you can get over the air TV on the phone and tablet--I think we see this this year.