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10Q stated 20 million of the 150mil plus rfq's currently waiting for final sign off
Big News tomorrow? New contract?
I agree the 10q is already factored into the share price. The only negative impact is and always has been the convertible financing.
I would like to see Mr. Rainer buy some more shares on the open market and then PR it with a "company outlook"!
We are trusting Mr. Rainer at this point that what he told us at the conference call is the truth. If that is the case, we should be able to generate enough revenue to triumph over everything. The big question is then do we TRUST Mr. Rainer? Afterall, he is the one who told us that those shareholders who get in early (now) will be rewarded. I like to take people for their word.
***Here is one thing I noticed: Sounds to me like a lot of what took place in the first quarter won't actually show up until 2nd quarter. Management might have a plan up their sleeve. A nice pr campaign to run the stock back up and then BAM better than expected 2Q earnings.
"The Company defers any revenue for which the product has not been delivered or services has not been rendered or is subject to refund until such time that the Company and the customer jointly determine that the product has been delivered or services has been rendered or no refund will be required."
"Revenues on the sale of products, net of estimated costs of returns and allowance, are recognized at the time products are shipped to customers, legal title has passed, and all significant contractual obligations of the Company have been satisfied. Products are generally sold on open accounts under credit terms customary to the geographic region of distribution. The Company performs ongoing credit evaluations of the customers and generally does not require collateral to secure the accounts receivable."
I'm not sure about that. em
So in other words there would be 394,521,257 shares outstanding if all note holders decided to convert? So in other words at some point the OS count will climb to that amount?
Am I seeing this right?? 394,521,257 shares outstanding once all notes are converted?
Hire hurtzzz, hire hurtzzz, hire hurtzzz!!!
What r the sizes of the notes yet to go through, im out on my phone and cant view the report yet
New Holland news with revenue projections will send us even higher.
Revenue News will send us back over a penny.
you know. em
With the promise that the OS will not go above 200 mil this serves as a tremendous buying opportunity given our future revenue growth expectations. Now if Rainer is lying then thats a whole other story.
Well, we are already in the second quarter...so we should start seeing or hearing about results now!
Exactly em.
**Sliderulex..I'm starting to think you are connected to MWWC management given your type of thinking.
You are embarrasing yourself now. Do you know what will happen if this goes to .001 and stays there for a little while. As the company continues to need financing and they start dilluting again can you imagine the number of shares that would have to be sold at that price to get the money they would need? What if more conversions took place there too?? Its bad enough we are at .004. If we hit .001 you can kiss .01 goodbye unless they pulled a rabbit out of a hat or put on a major PUMP and dump, and by the time the company actually started generating meaningful revenues they would have had to increase the share structure to 1 billion. Lets get real.
Hurtszz, I agree with you. Its a joke.
Lets be REAL a lot can happen between now and 2013/2014 in this economy that can cause everything to go down the toilet!!! No investor in MWWC expected the last down turn. Their 1-2 year investment horizon back in 2009/2010/2011 now turned into another 3+years wait.
Good strategy if we were on the NYSE or NASDAQ, but not in OTC where company's triple their share structure in a matter of 6 months. The more the OS is increased the harder it is to climb to old highs.
Management dropped the ball in regards to maintaining shareholder equity. This is why I got upset earlier on a few weeks ago. There should be a non stop press release campaign from now until all convertibles are through. If they dont, the stock will drop and management will show itself as looking out just for themselves and the company at the shareholders expense. I'm still hoping management has a plan to tackle this situation, afterall Ranier said several times at the conference call that we are at the bottom here.
I thought most convertibles were already traded through? There must be more going through, although volume was still relatively low. Thats why they call it toxic financing. I hope it ends and we get the news we need.
I agree. We are at Rainers mercy. I mean the volume was still weak, but we still need a consistent and frequent pr campaign. This is very undervalued.
I agree. em
*This alone can be really big:
"We are also working with ROUSH on electric charging stations for electric vehicles across America."
Sounds good Big Papa, have a good weekend!
"While our share price currently does not seem to reflect the potential that is inherent in the large number of RFQs that we have processed during this year, or the number of programs for major global manufacturers that we already have begun production with, we truly believe that 2012 will demonstrate the results of the restructuring efforts of MWW's devoted management team during 2011. The potential of the company will become clear and establish the expectation of improving financial performance with increasing revenues and net results." ...Charles Pinkerton
We should be near the bottom in this stock right now. Its a good opportunity for anyone.
I would think there are around 180 million shares out by now.
Thanks Kymmer
**KEEP IN MIND** MWWC began production for Ford F-150 and Chevy Sonic components back in September!!!
Anybody have Level 2 this morning?
Next leg up heading past .01 again begins now. This time it should be for real.
***MWWC*** GET IN NOW FOR NEXT LEG UP
**MWWC** GET IN N0W FOR NEXT LEG UP
I'm putting a chunk of my tax return into this. Should get it by next week.
we needed some revenue numbers today, because that is what it's all about
Currently valued at .03-.05