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If you don't think that the MM's are not working with the company think again. These people are not out there to make you rich. THEY are out there to make themselves rich. Insiders know. You just have to hang in there and wait until it's your turn.
Yes, there are no sellers and no buyers at these levels. The good thing about this is the .005er's are drying up. Any movement going further will be to the upside with any real news. Watch for volume on Monday late in the 1.6 million share range
Nate, you got me there. What does it mean? Obviously they waited for after hours but why? Are the MM's trying to protect the share price? Or are they going to short it at the open? My guess is they were doing their buddies a favor before the good news hits. Any one out there have a contrarian viewpoint?
Nate, you got me there. What does it mean? Obviously they waited for after hours but why? Are the MM's trying to protect the share price? Or are they going to short it at the open? My guess is they were doing their buddies a favor before the good news hits. Any one out there have a contrarian viewpoint?
Did anyone notice the 200k shares traded at (after) the close? What was that about? Lower than the bid price? Anyone have a thesis on this? MM helping out his buddies before the news hits?
Boys we have revenue. And any revenue is more than we had. I placed any order for 100k and it did not get filled. I wanted to see if there are any ,005er;s left. I don't think so unless there are more trying to unlock their shares. There is a huge fee associated with unlocking the shares which makes it less attractive for the .005er's to sell at these levels. Only people wanting or needing their original investment are selling right now. Yeah Nate I know it doesn't say anything in the 10-q about these restricted shares… blah, blah, blah...
Late volume! you know what that means. The .005er's can't hang on forever. They will soon run out of shares. My friend knows where 4million of those restricted shares are and they are not selling. Soon to be as green as the grass that goes in those pens!!
Well Nate more fluff! But the news release says that they are growing at a phenomenal rate. Pretty forward looking and deceiving if it's not true. I still believe the game is to get rid of the .005er's before they release anything newsworthy.
Can't argue with your latest post. Dead on! however I know that they are having good revenue streams and my source tells me that there is a patch in the works.
Where's is everyone? Schoo, what happened to Nate? We are still chasing out the .005er's. Volume dictates there should be a news release tomorrow. Go long and go strong!! Can't tell you how I know but I do! Did anyone check out the restrictive stock purchases? How many were there?? That's the only thing holding us back.
Shroo a lot of the buying is by people in the know. It is also by the .005ers that are hedging. Profits are looked in so its a no brainer for them to be buying more at these levels. The only people selling are the .005ers that probably need the $$. The smart .005ers are buying more and more and are going to take this higher. The scared $$ will be gone shortly.
45k shares for $1260 gross take. Not bad since I have 95,5000 shares left to sell. And at the going rate (.028) that would be another $26,740. So who do you think is selling?
Let them take their $$$ and move on. The Question remains is how many of those individuals are out there? And will the company issue any more of these deals?
Nate what you are describing is exactly what we are talking about. Shares that are restricted and have been sold for .005 Those need to hit the market and clear. Lot's of resistance at the .03 level. However it won't last too much longer. These people know exactly what they are doing.
Don't worry guys, I'll let you know when I'm ready to let those millions loose. Nate you have no idea how restricted those shares are!
Anytime you see the late volume there is going to be another news release. Let the MM play their game. They can't do it much longer. They are systematically moving out the .005 sellers. And they know who they are and when the restrictions unlock. They're in business to make lots of $$. They make theirs and we longs will make ours. Be patient my friends.. Be patient!
Yeah, Goldman is going to tarnish his reputation for $1500. Actually double down on his reputation.I don't think so.
Did you ever think that MLCG doesn't want to publish where/who they are selling to in fear of being undercut? Let the 10-Q speak for itself. Granted the news releases are not staggering but why tip your hand? To appease a few measly shareholders ranting on a message board? If that happens then you need to start worrying about your 50,000 shares.
Goldman knows why the stock is oversold.
i do you a favor and let you know when I'm going to sell.
not sure why my post was deleted. Must have said something truthful about the lock up period for the .005 share holders. 5.5 mil of the 9.4 are not going to see the market anytime soon. Big news coming this week.
Its good to be firstin
Shorts sellers are about to get burned. The early investors are just getting their original investment back. There are not that many in at .005 that are selling.
Nate we have already gone over this. Your assumptions are somewhat misleading. Fact #1. Those shares you are making reference to are restricted. Don't believe me? No problem. I own a lot of them.
Fact #2. At least 5 million of them have not hit the market yet? Does that make you nervous now?
Fact #3 The shares bought on Thursday... I know where 35,000 of the 39,000 went.
Fact # 4 The shares issued on Jan. 3rd became unlocked on Thurs. Do the math…How many shares would you need to sell to cover your initial investment of 5k? About 160,000.
Relax… No one is really selling there stock. Only doing the smart thing here.
Fact # 5 News this week. Good news! Buy now because you are not going to see these prices again.
Remember… It's always good to be firstin.
Im not real tech savvy, so am I in the right place. I apologize and will change my name.
Hi! I will change my name. Thanks
That is why i asked the question does anyone know from the 10-Q how many shares were sold at .005? I believe until those shares are sold off or the volume spike into the millions for a week or so we will not move higher anytime soon.
Again,your assumptions miss lead you. Here... let's play a game. Say I bought 2 million shares at .005. And they are restricted for let's say 6 months. If the shares are being unlocked as we speak, do the math. I can easily make 7x's my money or at least sell enough to cover my original investment,take some profit and let the rest ride. Can't do that if Lisa closes the door due to lack of cash. BTW, these people know what they are doing. Be patient and be positive!!
Dude you are full of assumptions that are down right inaccurate. There are restricted shares. Take that to the bank. If you don't like the way Lisa is running the business sell and move on to another board. It's her business not yours. Until you have 51% of the shares sit back. Lisa has 40 million reasons why she wants the company to succeed. I'd rather her dilute the stock than run out of cash. MLCG stays in business and I sell my shares at a higher price. Simple!
Gentlemen, every little detail doesn't need to be listed. There are shares yet to be unlocked. Question is how many and if those shares have been sold into the market yet. And so what if the Nelson's like nice things, who doesn't? I'd rather Lisa pay for work rendered with shares than cash. Cash keeps us in business until we get established. Shares worth 5 cents do not. Help the cause and anytime you pass by a store that sells anything related to smoking drop in and give MLCG the plug. Be helpful not destructive.
There are not as many as you think. However there is a lockup period attached to those shares.
According to the 10-Q how many million share investors are there at the .005 price? This is obviously what is holding down the price.