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fersure he does.
WAKE UP PEOPLE PR!!!
Market 99 Reduces Outstanding Shares by 1.21 Billion
DALLAS, TX, Dec 18, 2007 (MARKET WIRE via COMTEX) -- Market 99 LTD. (PINKSHEETS: MNTY) today announced that in an effort to keep in line with company direction and avoiding a reverse stock split at the current time, Desmond Milligan has concluded that it is in the best interest of the company as well as shareholders to retire his personal (1.21 Billion) shares back to the company treasury.
Retiring the 1.21 Billion shares; the total number of outstanding shares of Market 99 is reduced to 1,216,636,000. Company officials believe this is yet another positive step in creating value and trust among current and future shareholders.
"Looking at our company's current situation with new leases signed and moving into a new year, our board of directors agreed this was the only solution that made perfect sense. Market 99 now has negotiation opportunity to raise capital while focusing on the opening of the new stores," stated Desmond Milligan, Market 99 CEO.
ABOUT US
Market 99 is a discount retailer with 15,000-20,000 square foot stores selling mainly name brand merchandise to value-conscious consumers. Market 99 carries Consumables, Health and Beauty Aids, Stationery Items, House wares, Cold Foods, Frozen Foods, Women's Accessories, Women's Clothing, Men's Clothing, Children & Infant's Clothing, Seasonal, Arts & Crafts, and Toys, all for .99 cents or less.
www.ecflinvestor.com Please visit www.MyMarket99.com for additional information Disclaimer:
CAUTIONARY STATEMENT ABOUT FORWARD-LOOKING STATEMENTS
This press release contains "forward-looking statements," which are statements related to future, not past events. In this context, the forward-looking statements often include statements regarding our goals, plans, projections and guidance regarding our financial position, results of operations, market position, pending and potential future acquisitions and business strategy, and often contain words such as "expects," "anticipates," "intends," "plans," "believes," "seeks" or "will." Any such forward-looking statements are not assurances of future performance and involve risks and uncertainties that may cause results to differ materially from those set forth in the statements. These risks and uncertainties include, among other things, (a) general economic and business conditions, (b) the level of strategic partner incentives, (c) the future regulatory environment, (d) our cost of financing, (e) our ability to complete acquisitions and dispositions and the risks associated therewith, and (f) our ability to retain key personnel. These factors, as well as additional factors, could affect our forward-looking statements. We urge you to carefully consider this information. We undertake no duty to update our forward-looking statements, including our earnings outlook.
Contact:
Market 99 LTD
Desmond Milligan
1.800.513.6902
Email ContactSOURCE: Market 99, Ltd.CONTACT: http://www2.marketwire.com/mw/emailprcntct?id=53C3CBA400B79976
Copyright 2007 Market Wire, All rights reserved.SUBJECT CODE: Financial Services:Investment Services and Trading
Retail:Supermarkets
Retail:E-Commerce
thanx 4 da link.
got it thanx man.
i think otc's dont have the ability to trade AH or am i wrong...... i mean tell me if im wrong .
130,600 just went through @ 0.0773 @ 16:09:26 (over $10,000)
who the hell can buy below the ask wich was .082 then two more @ .08 and two more @ .075 ??!!!
got it thanx.
what was the O/S b4 yesterday?
if there is no news on monday we tank.
my opinion !
hope so cuz there's only one MM (nite) on the bid @ 20
be 4 pm ALREADY!!!!
wow, somebody wants to let go @ .085
take em' boys im all poor and SH*%.
i know its no pretty but if anyone has a free trade around there it would be cool to paint the ask @ close .
goodbye 85's hello 9's
.085's getting smacked .09 in no time
i think if that holy news comes marching in we can expect a full .20 by EOD on Monday.
u serious bout the multi dollar thing?
im happy if we dont see teens 2day!
bid .064 ask .065
Grandma (Oma) is from Deutschland.
and im never gonna get there at these prices =,(
Guten Morgen from Buenos Aires, Argentina!
WAKE UP MNTY!
put 5 grand in this puppy today and had my nutts in my hands 4 a while there, but i think that that was the bottom and next weeks PR will finaly be a substancial one.
Dec 15 is a saturday. is this possible or do u have the wrong date ? if u can clear this up for me i'd really appreciate it. =)
thanx 4 da insight
buying @ .06 hope this starts moving!!!
grrrrr.....
the 100 @ bid guy must have flipped this already ,
hope he's moved on to sumtin else now.
p.s. EFFC (use to be MCCY) is @ a 52 week low for those of u with a little extra cash, always bounces back to 25 to 40 cents.
lets go!!!!!!!!!!!!
i agree.
last trade 10;45 10,000@ 23
as*ho*e is a bad word and drives the PPS down dont use it c'mon are u like five ?
plus da people that drive this stock down dont care bout paying commissions that only matters to us poor folk.
so down on little vol. = means if we get sum sellers say 2 or 3 mill we will be in da 20's or late teens . then agayn the ask is just as thin as the bid
20 for sure today even maybe some teens but be patient we will c betr days.
(thanx 4 the email) in all honesty im happy with a pps than can hold ground on its own (or tick one or two beats) not due to constant PRs that in some cases contribute very little or very iffy info.
we should be happy with what we know and market99 stores will grow along side with us (thus rising the PPS) .
better a bad day on a real company than a run on a shell that posts PRs like they are drugs.
my two cents
holding long and strong!
ur upset ur upset nananaaanaaaanaaaaa.
p.s. i aint no newbie , ive lost tooo much in the past years to be called a newbie (LOL)
p.s. 2 this board does not affect the PPS no matter what we say.
p.s. 3 we will all make money on this one .
it was a crash to my stomach. . . . . .
but im confident that on the first PR (even if its blank) we get to 30 @ least
ok. thanx
how can u tell?
guys this thing crashed to 21 with just 3mill shares sold its very thin on the up and down side we get 3 or 4 million buys and its 29,30.
4 or 5 thousand bucks takes us back to 29 plain and simple.
p.s. anyone got a couple grand to do this? =>
c'com spill the beans phil. . . . . pretty please.
cuz the sales are @ bid not ask