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Revenues are projected to increase to 4 to 5 k per day by year end. The stock is being beat up for several reasons, such as manipulation, shorting and the need for cash. This is my opinion.
storm can you repost that link. I have an idea
But I believe the ones that appear in the top 200 are even more valuable than they were two months ago, meaning better revenue.
Storm, with metatron adding more apps and other content companies doing the same, It would seem to me that to make the top 200 would be more and more difficut. To see a consistant amount in the top 200 would leave me to believe that revenue is increasing just based on the fact it would be harder to do. This is just my opinion.
I thought there news was good. Especially the revenue part which will drive the stock price. good luck to you
I thought there news was good. Especially the revenue part which will drive the stock price. good luck to you
What happened to the RaRa you posted a few weeks ago. In fact you were going to put 20k more in once your money cleared. We don't need pumping or bashing. Time will tell. Watching storms post do give insight into the revenue and it has increased. We had a pr and you stated you were happy. This will take some time and I have come to live with that.
Just to let you know, Victoria said there is over 1000 investors not the 123 listed. Just ask her and she will tell you why.
I answered that a few days ago. I was ticked off because of no response from IR. I got one. I also stated that during that time I believed in the concept of this company but it was hard to hold because of no news about the 10Q. I never said the company stunk but that the IR person did. Please go back and check. I also stated in the past that reasonable increases in share price would happen if revenue continued the way it has or is expected too.
Just like the bid slapper. If mj is a pumper then would you consider yourself a basher.
Storm, hopefully if things go well and you have enough shares, you can buy a new car of your choice. Good luck.
Fair enough. I for one think they might get there my year end. Revenues are up to 1k per day with the expectation of 4 to 5k per day per Victoria.
I would like to know what your solution is. The need cash and there are only a few ways to get. Stock sale, borrow and private investment placement which is a stock sale. If you eliminate the fact that venture capitalist money is scarce and the banks won't lend, what are you left with. It is there only chance in my opinion.
Dude? Ok. It is not about scaring investors away. It is about raising capital. In fact dilution does not always scare investors away. In some cases it attracts investors who are unable to get shares because the shares are being held. Anyway good luck to you. I have my opinion and you have yours. I do look at things more optomistically than most. I haven't always been high on some aspects of the company, but I think there is money to be made here on the long side.
450k shares traded today. The stock was painted both ways with small trades. If you post, you should post objectively in my opinion.
The company is going to sell shares. I believe these shares will used to generate even more revenue therefore making the stock more valuable. Revenue is increasing and the bashers don't mention that in the posts. I ask why, especially if you are objective. If you are long you will live with the increased shares. If not, you will probably sell. Good luck to both.
When I asked Victoria about some type of debt instead of increasing shares, she stated money is tight out there especially for start ups and it really wasn't feasible. After I got off the phone, I thought what is really the difference. A line of credit has to be paid off in a certain time period. Equity financing allows the company to keep the cash and leverage it for more apps, hiring, pr's and savings for future issues. Although I didn't want to see the increased shares, for the long term survival this is probably the best way.
Vicky also stated that she would like to see revenue of 5k per day by year end. In my post the day I talked to her, I reduced it my a thousand to temper expectations.
This is JMHO except the info regarding Victoria.
Look, I don't care what you said, it would take revenue in the tens of millions. So if you hold for a decade then more power to you. good luck.
In March 2009, NYSE Alternext U.S. was changed to NYSE Amex Equities.
I don't see that kind of share price any time soon. We need to take steps back to 1 cent to 5 cents then 10 cents. 50 cents at the current share amount of 300 million would be 150 million dollar market cap. That won't happen with revenues at best of 1.5 million a year in the next year or so. Let's keep it realistic.
My take. If we raise money to hire programmers and we can get an attractive rate of return for their work then why wouldn't mrnj do it. Revenues increased as the amount of apps increased. I see the correlation and so do most longs.
We may not get a release until the qtr end which I hope would be in October and not november but we will see revenues close to 80k and up. Anything above that will show that mrnj is striving for their goal of 4 to 5 thousand dollars a day. We have a significant library and are still in negotiations for something big which I believe is the michael jackson material. If we get that before the holidays then I see a big jump in stock price, no matter how many shares they sell on the open market. Just my opinion.
at a 1000 per day for two months given that Victoria is correct then the revenues should be 80 to 90k for the qtr. This is my guess and I would look at Storm kings post for a better idea.
Cheche, I want to believe I am a long holder of this stock. I won't pump and admit to bashing Victoria for no news. Truth is I haven't added much to this board except for the ocassional post from conversations with Victoria. I also believe that this stock is being held down.
I am not saying that either. She is gonna go over the 10Q. I didn't ask for specifics because there are way to many to ask about. She did say like she did 6 months ago that negotiations about the MJ app are still going on. She laughed at me 6 months ago when I asked her if it would take 6 months. She said she thought that they would've been complete awhile ago. I asked about the revenues because I wanted to see how they expect to meet expenses. I felt she was confident that they will grow alot bigger than the 1,000 per day that they are at now. She gave the figure of a goal of 5,000 which I tamed down to 4 or 5 because things never go as planned.
MJ, I just spoke with Victoria. We should have a press release in the next two weeks, and possibly sooner according to Victoria. She is going over wording with the lawyers or else it would have been released by now. She wants to be very careful on what she puts in writing and for that I don't blame her.
Revenues were down in June and July due to the concentration of getting new apps out. Revenues have been consistantly over $1,000 per day the past few weeks and with a target by year end of closer to 4 to 5 thousand per day. I discussed other stuff with Victoria but it was speculation on what the company might do, what if stuff, so it is unreliable and not factual so I won't discuss it here. Revenues are increasing and Storm is definitely on the right track here.
She does look at this board but cannot post. Believe me or don't, these are just the facts I have. GLTA longs.
We can suppose that someone is taking advantage of no news and driving the price down. If and I mean If news hits then all bets are off. I do believe Victoria is doing more harm then good to the current stock price. Sometimes you have to defend the stock with some pr's, and she is not doing it. This is just my opinion.
don't know and at this point I don't care. it is 5 million out of 300 million shares. Just over 1% of the float.
now it hit a 52 week low. oh well
Her job is to inform the shareholders. That is why she is the Investor Relations person. She is tired of all the calls, because she hasn't done her job. I believe this stock definitely has some possibilities, but she is making it hard for me to hold onto this stock.
mj, any news from victoria. 4 weeks since the 10Q and the statement she would follow up soon on it.
Victoria is so buys that she had time to write this article and not respond the shareholder emails. I hope we do well so if not just for shutting up Compro and MRNJsukz on yahoo. Good luck to all longs. To all shorts, I hope you get a wedgie from being short.
Personally I think cheche is right about the manipulation. I don't see how that post is an abuse of the terms of service. JMHO.
If you bothered to look at the previous posts you would have seen they pick a stock everyday to pump. This stock will do ok if we get the news we think we are going to get.
The guy can't spell either.
BIGENS? REALLY?
They have been doing this the past 20 minutes and it is BS. Either that or they want cheaper shares in case there is news. My opinion.
She hasn't replied to my emails or phone calls in almost a month. The last one was the day the 10Q was released. Good luck getting a response in my opinion.
I would love to see a huge run. The last few weeks have been tough on this stock. Time will tell.
I am telling you what was on etrade. I own over 600k shares
on etrade it hit 10 minutes ago at .0058.
The ask keeps dropping. Down to .0058. What the heck is going on here.
I have been the same way the past month or so. I kept most of it to myself. I ranted today, got it off my chest. Opinions are like butt holes because everbody has one and they all stink. Including my own. I am done for the day here. Good luck to all.