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Well, they kept their word on issuing filings, now I would like to see the Updates and rapid fire announcements that will turn our heads.
From Paul Wylie:
"xxxx, there are going to be some major changes that at this time I am not at liberty to say. I can say this it will be to all the investors best interest. The train was slow getting out of the station but it gave me time to see the bottlenecks and now to do something about the problems.
Until we get all the legal issues sorted out I think we'll leave the site down until we can come out with rapid fire announcements that will turn heads!"
We're expecting to see updates and new filings.
Go to the other stocks you follow which have a float in a Billions.
I don't know, if it's a two minute update, or it has to be an official filing.
To me the important fact is that RW has never signed any filings issued by Magaly.
She may had to deal with him when the company had been transferring to new Megola.
The attorney stated on April 2014 filing (the last one)
is
9) Third Party Providers
Please provide the name, address, telephone number, and email address of each of the following outside providers that
advise your company on matters relating to operations, business development and disclosure:
Legal Counsel
Name: Sharon Mitchell
Firm: Sharon Mitchell, Attorney
Address 1: 57492 Onaga Trail
Address 2: Yucca Valley CA, 92284
Phone: 248 515 6035
Email: rday@rdaylaw.com
Rowland W.Day
Legal Counsel
Firm: Rowland W Day II, Attorney
Address 1: 1 Hampshire Court
Address 2: Newport Beach CA, 92660
Phone: 949 – 642 - 7816
Email: rday@rdaylaw.com
has signed the two previous filings Oct. 31st, 2013 and January 31st, 2014.
These are the only filings issued by the new Megola management
Megola Inc. Completes Restructuring
MISSISSAUGA, ON--(Marketwired - Nov 15, 2013)
Good Points!
They'd better post updates/financials this week. It's about time.
Thank you, very interesting. Learned something new today!
I'm looking forward it.
Great Chart!! Thank you DPS.
NITE has been trying to get cheap shares. They've been painting the tape by selling 5 and 4 shares for a while, trying to scare longs into selling.
THIS IS THE BEST NEWS and the BEST CONFIRMATION:
"It came out a nice color on each side. My wife and I tried the first pancake by itself without any syrup or butter. It had a nice subtle sweetness and flavor to it that we both loved (and my wife is a picky eater)...
Then we of course had to try one "all the way" with butter and syrup. Guys, these are amazing. "
THANK you PoPo!
Great photo proofs and description! Thank you PoPo.
Looks Yummy!
Short Interest has DECREASED AGAIN. This week it's -99.80%!
This is very unusual for penny stocks. Hopefully it's a sign that the shorts know that good is coming.
MEGOLA INCORPORATED
$ 0.01
MGON
0.00
Daily Short Sale Volume
Short Interest (Shares Short)
100
Days To Cover (Short Interest Ratio)
0.0
Short Percent of Float
%
Short Interest - Prior
50,100
Short % Increase / Decrease
-99.80
http://shortsqueeze.com/?symbol=mgon&submit=Short+Quote%99
NHMD must have not just a plan, but some very good indications that this plan is going to go through, since they've already ordered the supplies:
"2. On December 1, 2014 the Company placed its initial purchase orders, through SouthCorp Capital, supplies for the initial product deliveries. The supplies typically take 4-6 weeks from ordering date to arrive. As such, the Company will begin ordering supplies to satisfy up to 3 months of orders."
Thank you wallstreet. Best of luck to you too.
I know, I've build a house (not by myself, but by a good builder) and have remodeled some of my investment properties (single home rentals). Even relatively small projects like these always have delays, I'm used to it.
Small cos with limited resources and, if they don't want to pay through the nose for the overtime, are bound to be late.
I will stay put to see what kind of updates we will get from Megola.
Well, well - they just reset it for 9 weeks!!!
I guess they don't want to post anything until after their planning inspection, which they asked Health Canada for anytime after January 15th.
So, it looks like, now their plan is to update the site AFTER their license will be approved by Health Canada, or at lest the inspection results will be available.
According to Magaly, at least we should get filings and updates from Megola much sooner then that:
"The July and Oct financials are just going a final review and all the postings should be updated soon.
Magaly"
I agree, it's irritating.
If you're fed up then sell.
Personally I'm going to give them more time. I don't have to sell for any reason now and would be really upset, if the good news would come after I sell.
I've emailed to Paul Wylie and asked about Green Relief status.
Here is his reply:
" I know they have been busy readying the facilities and expect notification any day."
Here is the response to my email:
Magaly Bianchini
Today at 9:09 AM
"Thanks xxxx - I just responded to him.
The July and Oct financials are just going a final review and all the postings should be updated soon.
Magaly"
RE: RESPONSE FROM OUR CEO. I'm pretty sure Magaly doesn't have the time to read the board. To prevent all further speculations, I've emailed to her both of your messages and asked to respond for the benefit of all, who is reading this board.
Funny, I disagree with your DD as well.
Apparently you knew that Richard Weed, the attorney investigated by SEC, HAS NOTHING TO DO with the current management and that OTC information is VERY outdated.
Sorry to know that, I was hoping that it was just an honest mistake.
Hopefully will get great news Monday, since Nate was meeting with his 3 food brokers last week.
Paul Wylie's blog.
https://plus.google.com/rop/1/wm/1/+PaulWyliePanama/posts/arD3RiRvqEE
Mr. Wylie, who is the CEO of MedCan Marijuana has never disputed the fact that MedCan Marijuana, Inc. is a wholly owned subsidiary of Megola, Inc.
Thank you Moras for doing additional DD. I appreciate your cautious attitude and your effort to get answers to your questions from the co. I hope you will get the response to your inquiries very soon. we're looking forward to reading your next post.
I've done some DD myself and have found that I have to be careful to separate the data from the old Megola management and the new one, which is a totally new company with all new management restructured on November 15th, 2013.
Earlier docs are pertaining to the old Megon Co.
You have valid concern about Richard Weed, but according to the document I've found, HE HAS NOTHING TO DO WITH THE CURRENT MANAGEMENT. He was an attorney of the old management. It is evident by the document I've researched dated May 29th 2013 and referred to the old treasurer Aldo Rotondi.
https://www.otciq.com/otciq/ajax/showFinancialReportById.pdf?id=105772
The current Megola treasurer is Daniel Gardner.
http://www.bloomberg.com/profiles/companies/MGON:US-megola-inc
Chief Financial Officer is also new:
http://www.bloomberg.com/profiles/people/16560888-craig-wagenschutz
One thing nobody can say that the current management is pumping the co. My beef with them is that they're too quiet, but according to Mr. Wylie it will all change soon.
If some fool will drop it, I'll buy it.
Just as I thought, the minute someone is buying at that 2M+ 0.007 ask, that 2M is being immediately replaced by 10K.
It could be the last week, or perhaps last day to get in under 0.10 pps.
What a variety of themes!!! I love them all.
Thank you Lyons.
Thank you investor229, same to you!
Thank you SW. I took a profit from another play and put the $$ into NHMD and MGON, which IMO should start running up pretty soon as well.
Two low float penny plays that look to me as a great opportunity.
I've never sold, but added almost 400K between 0.102 and 0.12.
Yes, you did!
We're steadily moving up. The chart looks VERY PROMISING.
HAPPY THANKSGIVING TO ALL US INVESTORS!
Good one!
Fantastic and Fun!
THANK YOU LYONS! SAME TO YOU!
I'm with you, but I'm planning to keep a few million shares long term. This stock used to be $3+ with the previous management. At that time they only were selling water and air filtration equipment. Marijuana is a totally new vertical for Megon.
Today there is much more demand for such equipment then it was 5 years ago.
China AIR and Water pollution is going from very bad to worse.
"China’s Water Pollution Mire
Despite all the focus on air pollution, the contamination of China’s water is at least as serious..."
http://thediplomat.com/2014/05/chinas-water-pollution-mire/
http://static1.businessinsider.com/image/53d91c4e6bb3f7585c7937a3-1200/pollution-china.jpg
MEGOLA CAN HELP.
I've got his email from the contacts info:
paul@medcanmarijuana.com
We don't know when the news will come, but we know they're coming.
Those, who is still sitting on the side lines, may loose this opportunity to load up on cheapies. Once the news will start flowing the pps will be running straight up.
"...there are going to be some major changes that at this time I am not at liberty to say. I can say this it will be to all the investors best interest. The train was slow getting out of the station but it gave me time to see the bottlenecks and now to do something about the problems.
Until we get all the legal issues sorted out I think we'll leave the site down until we can come out with rapid fire announcements that will turn heads!"
Hopefully next week?
http://medcanmarijuana.com/
Of course, it's my opinion only. Personally I've been adding almost on a daily basis, but others should do their own DD and assess their own risk.
HAPPY THANKSGIVING!
We've took the time to do our DD and know why we have invested here.
If someone doesn't like the co and wants to sell the stock, I respect that.
Nobody can claim that they have a crystal ball.