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If he never moved on..... then why did he say he did, instead of answering my very simple question in regards to MEVT and the 6 weeks.... it has been 7 and a half weeks since that statement was made.
Did the CEO happen to mention when they will be able to move forward? Or is it just another indefinite thing like "When EPRO begins trading," and "When the forward split occurs," and "When the awareness campaign really takes off," etc......
It seems as though this management has failed to deliver in a timely fashion once again....... it was to be expected though, they obviously show absolutely no respect for their own shareholders.
I never recommended anyone to sell their shares (or to buy more for that matter). You can go through all my old posts to verify that. However, based on what management has done for its shareholders, I certainly can't blame you for selling (even at such a huge loss on your end). Good luck to you in the future, hopefully you don't come across another management that lies as much as this one has to its shareholders, and hopefully you are more profitable in your future investments.
It has now been over 6 weeks since you asked me to give it six weeks. What happened with MEVT and MEVT management?
This must have had some sort of set back. It should have been trading by now......
So I see others are starting to agree that enough is enough..... it's nice not being the only singled out saying that anymore. I'm glad you've come to your senses. Let's hope management picks it up and delivers on what they promised us. Good luck to you Lou.
This is a surprise because many of the people invested here are well respected, experienced investors on ihub and thought this management was legitimate. This management pulled a fast one on some very keen investors here.
Those experienced investors didn't invest in this stock in the .30 -.40 range thinking we would be down here at .15 in a few months..... I can guarantee that. And I'm sure the keen investors on this board weren't expecting to not even hear a peep from this management for 3 months while the stock price continued to fall. WOW, it's been 3 full months since this management has even said a word to it's shareholders. Unbelievable.
It's disappointing that management has let this stock die down like this. No volume, no news, nothing..... and this from the management who promised us so many things. Truly disappointing.
He's referring to the deadline date that has been quietly passed around to some investors about when EPRO would begin trading. He's asking if anyone has a new guess as to when EPRO will begin trading.
There's really nothing to say until management steps up and does something.
The issue (well one of them) is that we just don't have enough interest in this stock because many gave up back when management did not deliver on the things they promised us, and thus we can't generate volume. People on this board were THRILLED with 40k volume on Friday and while that's better than previous days or no volume, it's just not enough. Management has to come out with something substantial and show that they will follow through on their word for us to generate real volume here and regain some interest and momentum. With volume we could move up fast but for the volume to come we need management to get their act together. Hopefully we hear something soon..... but we've been hoping for the same thing for a long time now....
It's only looking good if we actually get the dividend of EPRO shares management said they were "investigating" long ago. And as of right now the $5 million dollars worth of shares we were getting from EPRO (which was being "investigated" as a dividend) has been canceled so it doesn't look like we are going to be getting those shares unless they cut some sort of new deal.
Completely untrue. If management comes out and proves what they said back in December and January (that they have a new better product and have made sales on it) by showing us numbers from the sales made and/or test results of our new product, or any REAL PROOF at all I will be more than satisfied and admit that management has FINALLY delivered after all this time and I will praise them for it (just as I praised them in the past before they lied to us). However, with the way management has treated us the past 8 months I have absolutely no reason to believe that will happen until they actually do it. Here's to hoping they prove to us they weren't lying about everything. Cheers!
Yes, many times. All I'm told is we are "waiting" still. The same thing they have told us the last 8 months in a row now. At some point, we just need more than that, it is getting ridiculous.
If you know anything else, I think it would be pertinent to share with the board so that future investors may have some positive reasons to invest here with this management. Have a great weekend and a great Memorial Day!
I also feel that those who say they now trust management (when they have no new reasons to other than they don't want to see their investment continue to shrink) should be held accountable for what they have said in the past in regards to this management. Here is an interesting quote that I feel truly represents how much reality can hurt here in MEVT.
"If management is good as has been claimed by many, I would suggest that they clarify things or at least lay out a vague description of a strategy to shareholders and do it in the near future. If things are delayed and aren't running smooth, we have a right to know. And, if they are going well, it would be great to know that for sure. However, the words 'soon' and what appears to be sketchy PR's does not do it anymore for me. It's close to 'put up or shut up for good' time for MEVT management to keep my respect. They've had enough time and beyond patient shareholders."
This statement was made on March 23rd. Why should we all trust MEVT management now when they have addressed nothing from this previous post (from over 2 months ago) by a very respected shareholder? I believe that for current shareholders and future shareholders to begin trusting MEVT management again that some of the issues raised by this post should be addressed by management.
Refer to post #9830 for the full quote.
All of the statements in post #11514 were made by the self-proclaimed "largest shareholder" of MEVT stock besides management, the moderator of this board. I'm curious what has changed with this company to make us MEVT investors believe that those past opinions no longer apply. To me this management has not sufficiently replied to the past statements made by the moderator of this board and thus we should all be very cautious when trusting this management in the future.
Post #9547: "Management needs to earn back the trust of it's shareholders. Logic would say any one should/would have lost some of their trust in management, if they said they hadn't I would say they are foolish or worse."
Have they really earned back us shareholder's trust by doing ABSOLUTELY NOTHING and RELEASING ABSOLUTELY NO NEWS?
Post #9728: "Management has to give us something to believe in besides always blaming others for delays & asking us to wait & always saying it's coming."
Since that statement was made on March 18th, management has continued to blame others for delays, asked us to wait, and said it's coming. They've done absolutely nothing else but exactly what Post #9728 said they shouldn't be doing.
Post #9764: "I also agree that management has made several mistakes. I believe they would come across better, trying to explain why. Builds character admitting ones mistakes & righting them, @ least that's how I was raised."
Did they ever come out and explain their mistakes? Heck, did they ever even come out with any news or updates at all after post #9764?
Post #9617 "Pay close attention to the below dates my friend(s). [I] will have more news by March 17th as that is a cutoff date (imho) allowing for 2 days to transpire/conduct business & create news from the fiscal year end which is March 15th I do believe."
What did management do by March 17th to create news and conduct business from the fiscal year end?
These are simple questions. If anyone has any answers I think it would be pertinent to MEVT shareholders for the answers to be shared with all.
I don't believe that press release should ease our minds or lead to an immediate increase of .10-.20 PPS here at MEVT. If the issues at hand deal with MEVT management's integrity and trust as you put it then I would read closely what is written in that press release. Some of the wording is VERY interesting about WHICH company is involved. Also, who actually released that PR and who actually owns the exclusive rights to the product in question makes a big difference. Due to these issues, that press release probably should not lead to an immediate increase of .10-.20 in MEVT stock price.
The "MEVT shares being in much tighter hands now" thing has been said at least 10-20 times if you look back through the old posts. And all of the evidence demonstrates that it CLEARLY isn't the case. It was said at 0.90, 0.75, then again at 0.55, then again at 0.42, then again at 0.30, then again at 0.20, and now again at 0.09-0.11 (and many other times in between). To me that means absolutely nothing because every time someone says something like that it seems that the stock price just continues to fall with this stock. It never bodes well for this stock when something like that is said, it's an attempt to explain that dropping in stock price is a positive thing rather than a negative when everyone can see that the stock price just continues to fall.
The only thing that matters is whether or not this management delivers on what they promised to us.
"You are correct on the source, I did not pay close attention but, they would not be mentioned together and standing together, were it all hogwash."
Why not? They were mentioned together by the company who had everything to gain (not the company who actually owned the rights). We've seen things like this many times before in the pinksheets. If the company who actually owns the rights to the product is not releasing the press release itself, I would be vary wary of what the press release says (especially if you pay attention to the actual details and companies mentioned in specific parts of the press release).
"This stock has seperated the men from the boys"
It's more likely that it has separated the fools from the not so foolish.
We have all also seen who left and at what price ranges. At this point it looks as though those who left around the .50s-.20s had much more foresight than the rest of us still here. Especially because if this does ever go back up they will all just be able to buy back in at lower prices than what they sold it at.
Insulting me in order to try to distract from the actual issues at hand with MEVT management does not help to advance the dialogue and is unprofessional. If someone wants to make a point or disagrees with one of my opinions about MEVT then they should respond in a calm, logical manner with counterpoints to disprove my argument. When someone can't logically or rationally disprove something they don't agree with, they use insults to hide insecurities and distract from the actual issues at hand, all of which only help to further prove that my points about MEVT management are valid.
Of course you can change course from your original plan. But if you own a Public company and made Public press releases about your original plan then you should make Public press releases about changing that plan or your new course of action or deviation from the old plan. It's just common courtesy to your investors. This management has decided to keep us all in the dark so we are left to only the things they have told us (none of which have come true). This management has outright lied, disregarded its investors, and lacked transparency all along, it's just unprofessional.
So you pretty much just repeated my post..... That you agree that since this isn't being diluted it's probably not a scam and it's more likely that this management is just completely incompetent.
To me, if this were a scam, I believe the exact opposite of what you said would be true. Management would be the BEST all time at pulling it off (look how many of us are still here). The reason I say that is because they have been doing it without diluting (thus not tipping investors off to the fact that it is a scam like most pinksheets would do by diluting). Because there has been no dilution at this point I am leaning a bit more towards the idea that up to this point this management has been completely incompetent with this company and lying to try to cover it up and due to their incompetence rather than this being a scam. However, the no dilution could just be part of the scam and only time will tell. Hopefully management will deliver on the promises they made to us.
I certainly don't find something negative in EVERYTHING. I mean when there was still hope that this management was not lying back in 2009, I was singing their praises and talking about the positives. Additionally, I know that the product they supposedly have created has some serious potential (hey a positive!), and in the future if they deliver on their promises I will certainly point out the positives (but they have to do something positive for that to happen, which they just haven't). Unfortunately, they really haven't done ANYTHING positive for us shareholders the last 5-6 months (it's been all lies and failure to deliver on so many things they said they would) so it's kind of hard to not see the negatives when they are thrown in front of our faces and it seems that we as shareholders are continuously disrespected by this management. Hopefully they deliver soon and prove that they weren't either just lying or completely incompetent all along, because right now it's not looking too bright.....
"Waiting for news" just about sums it up. Wait, it sums up for the last 8 months in a row! When will we hear something different other than "Waiting for this, waiting for that."
I mean first back in October/November it was "Waiting on the forward split and awareness campaign for the awesome news that will make this explode." Then in December it was "Waiting on the new product to make this thing explode." Then in January and February it was "Waiting on the postponed forward split for the news that will make this explode," then by March it was "Waiting on the dividend of EPRO shares for them to release the news that will make this thing explode." Now it's "Waiting on EPRO to start trading for the news that will make this thing explode." And I'm sure I've forgotten a few of the "waiting on...." topics too.
I mean how long are we always going to be "waiting for" something else? They've dragged out that excuse for over 8 months now. We need to see some results. This management has not delivered on A SINGLE THING that they told us they would over the last 8 months, and they told us they had done a lot. Rather, we've heard absolutely nothing and the stock price has fallen 60-90% depending on your buy in point. It's ridiculous that we are expected to keep believing that they are just "waiting" for something else when that is the only excuse they have 8 months in a row now. At some point you have to take a step back and say, "Really? You really have to wait on something else?" I mean if they say they have the product they do and that they already made tons of sales back in December and January of our new product, then why have we heard ABSOLUTELY NOTHING about this new product or these sales.
Something smells a bit fishy down here in the pinksheets, and that's never a good thing, just ask ANY experienced trader.
I agree, unfortunately we've still heard absolutely nothing about our new product, and have no proof or testing to show that it even exists. We were told about this new product over 6 months ago. At the time we were told we ALREADY had sales of the new product, and yet we have still heard nothing. Something just doesn't smell right man..... If this product is what they claim it to be, why has this not garnered the attention it should, and why hasn't our management given us a single update on it?
I don't think it would have been an issue if they had only made enemies with one of their business partners (afterall, anyone can make a mistake or bad business partner/deal once). However, once it happens again there is definitely something fishy going on. They have made enemies with MULTIPLE business partners from completely different sectors. It's almost like the saying, "fool me once shame on you, fool me twice shame on me," when it comes to other companies doing business with our management in the future. The pattern is out there, and it will be a deterrent to potential business deals and partners. Unfortunately, our management has now created this situation where other companies will be thinking twice before doing business with us.
What do you mean the other way around? The only constant in all the equations is our management. How could our management constantly making enemies with their business partners be construed as a positive? I'm not following.
I previously described my reasons for being stuck in this stock. Read some of my old posts if you need to. Let's hope management can finally deliver here.
When you add to this the fact that this management still hasn't delivered on a single thing they said they would over the last 8 months, things just don't seem to be boding well for us investors. When something smells rotten, there's probably a reason for it (especially in the pinksheets). Hopefully this management steps up soon and shows us they weren't either lying or just completely incompetent all along.
To me the specifics of the suit itself don't matter. To me what matters is the cumulative effect of the numerous times this management has made enemies of their "friends" in completely different businesses from completely different sectors. This may deter companies from wanting to do business with our management since they have developed a pattern of making enemies of the people they were supposedly partners with or doing business with.
It just reflects poorly on our management that they seem to make enemies with the companies who they are doing business with. It deters other companies and big names from wanting to get involved if our management is always somehow making enemies with the people they are supposedly doing business with. It has happened multiple times now with this management and it has happened with businesses and in sectors that are completely unrelated. It just comes across as unprofessional when it has happened multiple times and the only constant variable in all the different situations is this management. Hopefully, it's just a coincidence, but unfortunately it looks to be a pattern.
Actually, our management Gilles Trahan and Martin Baldwin are named in a lawsuit individually, along with the head of our PR Brent O'Conor. While a different company has nothing to do with us here at MEVT, our management and PR director being individually named in a lawsuit could have some negative effect for us.
No, just to show that you can't talk about the "sister company" at all like he says you can. Doesn't matter how you refer to them anymore (ie saying "sister company"), any mention of them is considered off topic. It's the new rule from Cisco and Ihub Administrator Dan.
"Any day now" has been said every day for 8 months....... it still hasn't happened. This management is treating us shareholders like crap. They need to step up and deliver on the things they told us they would long ago. The silence is just getting out of hand now.
I was just clarifying why there was confusion before about which stocks we could post about here. Now I guess "sister company" refers to EPRO, where as before it referred to a different company. Have a good weekend!