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So much for overthrowing mgmt. Didn't happen.
Great presentation from so guy with the Eames Group.
Explained EXACTLY where everything is at and even gave some
estimates of when in the future we can expect results.
Newmin even shot down a R/S.
There was enough there for me to get another 10M. 30M sounds like a great number.
The Newmin's live in San Diego. Most of the other board members also live in California.
I'm still here also. Even if it goes to .0000, I'm way ahead.
10 years of flipping and reloading.
I'm just baffled as to why a company that in it just for the money, as so many have suggested, keeps it's SEC filings up to date. They don't have to. It would be a waste of money if the supposition were true.
Just sayin' ALSO
I'm just a little curious about who bought all those shares at .0010/.0012 and why. Wasn't the MM's. They wouldn't be allowing the PPS to slide if they were holding all those shares.
BTW, thanks for the cheap shares. Crusin' around 20M now.
Haven't quite figured why people would hold at .0010 but sell at .0009. Really .0001 makes a difference. (Insert a six pack here)
I think the fries explanation is the most plausible, BUT, is it
I have ketchup or I need ketchup. Film at eleven.
147 share sell to start the day. The board is open to suggestions as to what this means. Really, 147 share sell. The dilution is
mind blowing.
Wasn't the one in 2003 where it went to $1.16. Made some bucks on that one.
Where have all the basher's gone? All the shorts covered? LOL
We just have that fella who keeps pointing out that the TA is gagged. Big deal. They are going to have to let the TA up for air shortly or be cited for excessive gagging.
I was only off by 8+M. Not bad.
Yes porky, I'm still long about 12M.
I'll predict a 12M share Form T after hours @ .0011.
You can bet on one thing. The MM's are not eating all those dilution shares. If they were they sure would be making a case for the PPS to move higher. Why do they spend so much time on a stock that basher's say is going no where. The action the last month or so says something big is coming. JMHO
Golly, a day of regular trading. Did they all go on a picnic?
GLTA - something's up
Not a clue. Depends on what's in the works. The only reason I stay is to find out who is buying all those .0011 .0012 shares and why.
porkie - no and no
Math looks fine to me. Maybe that's why I own MCET.
7M shares in one IRA and 5M in the other - 10M altogether
If you can figure out how to get something out of the patent office than you'd be famous. What's the problem with trying to find out if something is new and unique. They have turned it into a exercise of stupidity and incompetence.
I found 2 crumpled dollar bills in my car seat this afternoon.
My 1250 shares are in the bag with .50 cents change.
I think if you check back to prior runs, you will see that the PPS never goes below .0010. Almost all the selling is done at .0011 and .0012. Sure looks like someone is picking up all the dilution. The MM's would not eat all those shares and keep the pps
in the .0011/.0012 range. I checked with my broker and he believes
the Form T's are a non-MM broker buying the diluted shares from the MM's. In other words, someone is accumulating big time. I think it's for a buyout or just someone protecting themselves and MCET from a marauder interested in a yet unpublished patent on MCT475.
Just my 2 cents worth and opinion.
So that means between us we HAD almost 3,000 shares.
Really - a sell for 1768 shares. Someone figure out that MM signal.
Someone had an orgasm today.
28M formt 86M sells 7m buys
and we closed up 8%
Good morning all. Let's have a nice week.
Horse - I don't understand your post. If the MM's friends own this stock, then why would the MM take it down to .001, He won't have those friends very long.
How do you do trials without funding? They have enough money to keep the lights on, that's it. Trials require big bucks.
Curious - They could have file for a patent on MCT485 anytime. They never even mentioned it in the things they were concentrating on. I wonder why file now. That costs money.
Could it be MCT465/475 has it's patent near being issued?
Film at 11.
And he said it would open at .0011. Never open there and never even hit it intraday. And the next wild a** guess is??????
All Porky has to do is provide a chart showing .0002 and I'll change my mind. Been here 7 years or so and it has never been that low. Chart please. No chart, no proof.
I don't get it. They own 150M or so shares, yet they sell excess shares that makes the price go down. Seems like they are hurting themselves UNLESS they know something is coming. It is the only scenario that fits otherwise they would be selling everything.
So if they are selling them, how do they maintain their 9.99% ownership?
And they want all these shares BECAUSE???
And La Jolla want the higher conversion rate BECAUSE?????????????
bjoern1975 - They drank the Kool-Aid and believed what they read here and on other boards. Also, why would the company dilute at these levels if a PR was coming. Don't you make more money diluting at higher prices? Investing 101. Just sayin'.
Look on the bright side. Either the guy does have a legitimate
business interest in MCET or he heard from someone that MCET might
explode. Either way it would seem good for us.
On the other hand, you have to wonder why a president of a company is asking questions about another company on FB.
Seems to me he is just doing DD for an investment just like anyone else.
Makes no sense to short at this low a price.
Volume seems to be slowly increasing
Excellent find. Probably should have passed years ago, but,
sadly it highlights how great our Congress is. Couldn't pass on its own merits so it get stuffed into another spending bill that HAS to pass.
And now you know why we are studying the sex lives of shrimp.
Does anyone ever believe anything those bozo's say. If so, then
I have this bridge in Arizona that might interest you.
Thank you. I forgot to mention that OGINVu's post #25497 is also helpful. LCJI would have to sell the 9.99% it owns every time it does more debenture financing with MCET. They are limited to owning 9.99% of the O/s. This explains why MCET hovers around .0020 most of the time. In order for MCET to get money, LCJI must sell it's 9.99% stake so it can get another 9.99% stake.
Also, LCJI wins both ways. It makes money by selling the discounted shares and it will also make money if the stock goes up.
JMHO (but it explains why this stock needs major news)
I guess being around for more than 1 month gives us an advantage.
I'm going to take a stab at whats going on here. Lets suppose that the USPTO (that's the patent office) notifies MCET that their patent for MCT465-485 will be approved soon. They do that you know. It was submitted in 2008 and 5 years is about the going rate for getting something out of the cesspool of red tape known as the US Govt. They usually give a company 2 or 3 months notice. Now let's suppose that MCET has a suitor that insisted that the patent be issued BEFORE they sign a financing agreement. Big pharmas often have that as a requirement. Now let's suppose that the patent is a big time thing (like a cure for liver cancer or even better, maybe other cancers also. The suitor would be sitting in the cats bird seat. If they thought that the PPS for MCET would soar, why wouldn't they accumulate shares. They could use the money generated from the sale of those shares to finance the entire deal without having to use their own funds.
I know this is a long shot, but what else fits? (Short selling afficianados need not respond.) No proof for that.
As usual, JMHO (but it fits what I'm seeing)
LaJolla has owned 9.99% of the OS since I can recall. Check
out their 10K's & Q's going back. They just didn't buy
129M shares recently. They trade shares for cash with MCET
as per their convertible debenture agreement.
Don't get me wrong, LCJI having 129M shares is good, but they just didn't buy them recently.
"Buying back their own shares". HUH
What are they using for money. The had $199K
at the end of Nov. Enough to keep the lights on
for a couple of quarters.
Last I heard, it takes money to buy shares.