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I know it is actually ticking me off. I say what I say for a reason.
Do not like it when there are delays.
I stand on my post of a run and news.
I don't like it when there are delays.
Merry Christmas. I believe they should listen to the facts.
Facts are stubborn things and in my opinion it is only prudent to follow them. Otherwise they are gambling on hope and hope is not a plan. Further it seems people are starting to realize. That is part of the reason the stock has all but on play at all.
NOW SOME REAL INSIGHT FOR THOSE WHO WANT TO FOLLOW FACTS.
No OTC stock is worth the money you put into them, when you buy. It doesn't matter what the buy reason is.
OTC/pink companies release what ever information they want, that they believe will help them sell shares. They disclose un-audited filings, to pinksheets, or, the OTC.
They do NOT inform the public of all pertinent information required by SEC listed rules. Not only can't you find information needed for logical purchase decisions,
but, the information you read can't be trusted as accurate.
That's why one should not invest long in non- listed companies. They are operating in the lawless wild west.
What matters in all OTC stocks, is that their stock price rises and falls. The price is what should be traded, and nothing else.
Authorized Shares, has no bearing on the price. The "Shares Authorized", is not used in any fundamental of financial calculation, to determine company value.
The "Number of shareholders listed", has nothing to do with any form of calculating value.
As long as the stock trades, don't be concerned with a DTCC "chill ".
Don't be concerned with the stock being a "pump and dump". Buy before the pump, and sell before the dump.
Don't be concerned that the company doesn't create profits.
Don't be concerned that the stock isn't worth anything, no OTC stock is.
Don't be concerned with what the company owns on paper, paper doesn't mean a thing.
PR stories have NO value, and OTC companies only have two things, stock for sale and stories of progress.
There is no value, when money is changing hands. In a manipulated run, the run is worth more then the company.
Many OTC companies don't have as much cash, as you personally trade in them.
The OTC process, is to trade the stock sales, and react to retails belief in the stories.
Next is that people should believe history, empirical data, past performance on any stock that has ever been at 0.0001 and they should believe the facts .
That is what I believe they should do next.
I disagree with the substance of you posts. I believe this is not a long term play under any circumstances.
Agreed. I stand on what I said. If it does not come tomorrow that would not be good.
Stock will probably slide without it. Had to big a jump, needs regular fuel to Maintain and grow. Without will sputter.
Maybe it could hold off to right after Chritmas but that is not a scenario I like.
I research, do my homework.
I do not know what the news is but it is good news.
News is coming. Will jump.
Not impossible to be after Christmas but should be today or tomorrow.
Don't know about hoping for numerous PR's but expecting good news today. If for some reason there is a delay it should be tomorrow but today is the target day for good news.
There are times when news is delayed but if all goes as planned good news today.
I do my homework. Should be good news today the 21st but we will see.
News tomorrow or next day could/should make it move.
Poolworks is not given good or bad but Black should reverse. It is a matter of when probably.
Either way they should get money back (depending on how they paid Black and if they cashed in) to work with or move forward probably with penalties in their favor. It is a move Kurt has done before. News of that type may be able to get MMEG going somewhat.
The stock price is is a conjured up opportunity. OTC's are not real.
"No OTC stock is worth the money you put into them, when you buy. It doesn't matter what the buy reason is.
OTC/pink companies release what ever information they want, that they believe will help them sell shares. They disclose un-audited filings, to pinksheets, or, the OTC.
They do NOT inform the public of all pertinent information required by SEC listed rules. Not only can't you find information needed for logical purchase decisions,
but, the information you read can't be trusted as accurate.
That's why one should not invest long in non- listed companies. They are operating in the lawless wild west.
What matters in all OTC stocks, is that their stock price rises and falls. The price is what should be traded, and nothing else.
Authorized Shares, has no bearing on the price. The "Shares Authorized", is not used in any fundamental of financial calculation, to determine company value.
The "Number of shareholders listed", has nothing to do with any form of calculating value.
Don't be concerned with the stock being a "pump and dump". Buy before the pump, and sell before the dump.
Don't be concerned that the company doesn't create profits.
Don't be concerned that the stock isn't worth anything, no OTC stock is.
Don't be concerned with what the company owns on paper, paper doesn't mean a thing.
PR stories have NO value, and OTC companies only have two things, stock for sale and stories of progress.
There is no value, when money is changing hands. In a manipulated run, the run is worth more then the company.
Many OTC companies don't have as much cash, as you personally trade in them.
The OTC process, is to trade the stock sales, and react to retails belief in the stories."
CEO's even scam ones get paid to be ahead of the curve. He owns his moves.
He branched out into skin care and nutrition he probably would consider it if he could.
He needs the opportunity that may not be so easy. It is a big play now he would not be the only one trying.
If he could sell someone the idea of a multifaceted approach it could work but I do not know know if Kurt has that gravitas, if he can sell himself right now.
We will see. He may just stay on course and try to milk the RS he has been fairly obtuse recently.
Great idea.
This is not a real stock. That could not mean less.
Not that MMEG couldn't run but your post is like telling pee wee 8 year old football players they can beat the New England Patriots because they are home and do well in warm weather.
Please if you would like this stock to run start telling people to buy the fake hype when it comes so we can make a fake buck out of it.
I agree he didn't make use of the amazing situation and volume. I do not know if he was stupid or arrogant or both.
Now he needs some real good BS.
There is hope possibly some money recouped or deal moves on with Black and a BS story how to use it, maybe a new direction with health products.
What is beyond any belief is how people even listen to the posts about holding on saying this is a long term play. Those posts are from people who are either uninformed, biased or stupid. Possibly a man pretending to be a women who is in cahoots with others that prey on people who are naive. Now it is a forced long term play for exactly the opposite reason of some moderators WORDS.
They should be ashamed not proud of duping others. It is a cold world sometimes.
Kurt is not as good at BS as I thought he needs to go back scam school.
Quotes and observations of a traveling Dragon:
Don't be concerned that the company doesn't create profits.
Don't be concerned that the stock isn't worth anything, no OTC stock is.
Don't be concerned with what the company owns on paper, paper doesn't mean a thing.
PR stories have NO value, and OTC companies only have two things, stock for sale and stories of progress.
There is no value, when money is changing hands. In a manipulated run, the run is worth more then the company.
Many OTC companies don't have as much cash, as you personally trade in them.
The OTC process, is to trade the stock sales, and react to retails belief in the stories.
That is what makes it an anomaly and if it was so anomolistic then it stands to reason that this is a stock that is different.
Therefore it is not illogical to entertain the thought that if it continues its illogical pattern it can also again jump forward illogically and somehow that would be logical.
Understood. Feel you.
I wonder if people who are bad think they're bad. What do you think?
If it makes you feel better to vent then I guess that is good.
There is a chance for MMEG to do something. There is a chance it will not. I believe it will have some run.
I hope that you resolve your frustration or that MMEG makes a move until then I think we all have compassion for you.
It was rhetorical. God has nothing to do with this. I was saying Kurt does not care about God and if he did he would manipulate his approach to God as well.
The self righteous you are master of your own fate is to me just plain silly. Some things we can control some we cannot.
"Sometimes free will consists of allowing what fate intends to do with us seem like it is our own idea." Carl Jung
There is no lesson in MMEG that is new it is a well traveled road and an old story.
The old lesson here is obvious, don't invest in penny stocks and expect a moral CEO, don't invest in penny stocks and expect a competent company. Do expect to be taken, do expect greed, do expect the company to fail. Make money on runs anything more is gravy, mostly do not look to God as a retributive force to compensate for being naive and don't act morally superior.
I would like to respectfully push back some on the posts that say or hope management will do what is good for investors.
Management will do what is best for themselves especially in small cap stocks. They did not start the company for investors. They started it for themselves and they will rigorously do what is best for them. If that means it is at the expense of the shareholders then so be it.
Some start a company that has at its core a plan to cheat investors. Kurt will do for investors if it makes him money if not he will not.
As far as some saying that he will have to meet his creator or the like I would say he probably doesn't care. In fact there is a quote I will paraphrase: I prayed to God for a year asking for a bicycle and never got one so I decided that it was easier to steal one then pray for forgiveness.
Kurt will pray for forgiveness.
First: Kurt being a piece of expletive is like calling politicians liars it is often built in the DNA.
Second: Now is crunch time. He needs to keep the gravy train going so we will now see how good he is when his back is to the wall. I think he is that kind if guy. When made to fight to keep the money coming he may very well be at his his best.
Third: It seems he almost morphing MMEG to another class. Skin care and nutrition mix. So he may try to use platforms to promote those and pursue that more. It does not have to be valid it has to show promise.
There is a lot of wiggle room if he can use it.
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Agreed.
He will try if at all possible to do more as soon as humanly possible. I think he misjudged thought last release could move it.
Now some panic or concern will push him.
Kurt getting concerned will try more wait don't hope but let's see.
It is Kurt news.
He could have made use of this if he had manipulated in a more positive sequential order. At this point he needs to be a better manipulator.
One who could if only as a ruse not a plan get the money back from Black use that for a buy back to make it look like he is a real player with positive interests. Then he could scam a lot more later. He needs to go back to the OTC scam playbook reread it.
Whats wrong with you?
You're posts are starting to tell more about you than Kurt.
If you think the world is all roses and never factored in malfeasance by a CEO of a sub penny stock then you have have relinquished you're right to complain. If you did consider it then it is the choice you made look inward.
Seems like you may have invested more than you could or should have. Sorry but bottom line here is man up.
"You can fail all the time, but you aren't a failure until you start blaming someone else." Bum Phillips
I understand your distaste for Kurt, his intellect and the way he ran this to nowhere but you're understandable frustration could be ameliorated by a more open approach.
You're looking for a sold path that leads to a reason for MMEG to rise. It does not need that. You may have set bar to high which can frustrate more. MMEG can move without a solid path, that is their best hope. Some event, news, fluff, scam or progress can bump it.
YeralHax has disappeared for now maybe that is an omen (kidding)
Sometimes teams with loosing records make the playoffs. Sometimes wildcard teams that had a bad year win the Super Bowl. Sometimes a halfway blind squirrel finds an acorn and sometimes stupid stocks with scam owners find a run. Life is not fair, organized or reasonable it just is.
There are many ways to make money by manipulation with people like Kurt. Here is a total hypothetical it is a fiction a fairy tale meant as psychological insight only.
Recent report comes out it is very bad. Kurt knows this will ruin stock price and volume so he plans a ruse. Tells Black he will say deal is off even though it is not then a couple of weeks later say it is put back together making progress. Stock rises on news that black is back when the same news a couple of weeks back would have done nothing.
There are a hundred stories like this in the naked city for Kurt to manufacture. There are many ways for MMEG to move good or by hook or crook. I'd bet on hook or crook but there are miracles.
But it is folly to look at this or any stock at 0.0001 literally in that way. That is not what is going on here. It is the game that matters.
When someone buys a junk car for parts it does not matter if the car runs or how much it will cost to fix. It can make money if sold for parts or as scrap metal or can you shine it up make it look good, get it to move a few miles or so to find some suckers. Can you sell it to a mechanic who can fix it for only parts and make a profit?
That is mostly pennyland profit. If you can fix the junk car make it run great but that is not required or expected. Balance sheets only matter insofar as how they can forestall and give people a reason to invest short term. No penny stock like this has ever become a large company. It can, the U.S.A beat the Russian in Hockey on February 22, 1980.
So relax let Kurt run his game there should be a run to some extent. Maybe he can sell or merge his company for parts so to speak and be viable in some sense or sue or settle with Black for a run who knows but for now "she'll be coming round the mountain when she comes."
A cursory overview of Tom Nelson's tweets shows that more often than not he is correct. Not to a significant degree but when he says going north or play of the day or something he is generally correct.
The thing is the jump is not usually substantial though it is enough to make some money and does not usually last more than a day or two if that.
Here he he only said news so we will see.
The crux of your posts is condescending mockery without substance. You have come on this board most recently just to mock people who are down but perhaps you can glean that nobody is laughing with you they are though laughing.
People wear masks to hide their true identity and by doing so actually reveal it.
Look before you leap, he who hesitates is lost. Figure it out. Even old axioms need to considered in context. Patience is not always a virtue. In fact it is Warren Buffet who said the biggest loses come because people do not know when to get out.
Please listen: It is stock class 101 for kiddies. Penney stocks especially those at 0.0001 can not be looked at as viable companies. If they do survive great but to invest that way is so far beyond the common sense pale it reflects on those who believe more than anything.
This stock is play for jumps.
I agree in part. Let me refine.
Kurt is good when his back is to the wall as is the case with a lot of scam artists. When he has some leeway he is comfortable but when that stops he needs to be creative to survive so to speak, that is the chance I see.
He did after all set up the pseudo company to get in the position to run his game. He just sucks at being a success he is only qualified to scam. Sometimes I would bet he believes he is able to be a CEO but then reality comes into play and he has to revert to the only thing he is good at.
If you read my posts you will see they are they are not either positive or negative they are measured. I do not need to defend myself at the expense of truth I am not that way.
Your rely was essentially empty, only words not connected to reality. You are defending yourself not reflecting reality.
I do not know if MMEG will run I believe it will. I stated numerous times Kurt is not good at being CEO but he good at what he does, manipulation.
It is for that reason I believe it will in a a day or a month or at most two months have some run.