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Before expecting MMEG to buy into bitcoin in the future, it would be best to read and understand this article all the way through:
No trader of cartoon related currency would be investing in MMEG while expected MMEG to buy into anything like a make-believed bitcoin!
Like I said about getting MMEG into a speculative asset, all of the info is open on the internet, such as this about the "block-chain".
MMEG - Future?
Bitcoin/cryptocurrencies for MMEG? LMAO
No one expects bitcoin to increase in value
check out the additional fee MMEG owes to the Nevada SoS now:
Need a good MMEG laugh while the wait continues for a MMEG market relapse? Try reading this company website, especially this part:
Was the last 8K filed by MMEG just a joke?
Should we expect to see a MMEG Bankruptcy filing after the 1st since they have no publicly displayed cash to pay back to their creditors or any market trading to issue common shares to the creditors so they can sell the shares to retrieve what they were owed?
Almost every trader knows what authorized MMEG shares are used for:
All MMEG traders look at the A/S first for all reverse split stocks.
MMEG setting the A/S to 850 million warns every NEW trader that the reverse split will be open for the poor management on MMEG to create a much larger O/S to decrease the pps of the reverse split common stock again.
Every trader concerned about any common stock reverse split always includes the use of the large A/S to be expected to be used to drop their trade values.
MMEG will die again after the reverse split. It doesn't matter if it is 2018 or after reading a delayed 2017 Annual report in April 2018 or a MMEG PR in January!
An A/S is dead-meat for a penny stock doing a reverse split!
Merry Christmas to the MMEG CEO whose MMEG reverse split has never been published by FINRA.
The FINRA they claim they filed the documents with.
Will MMEG update all of their shareholders with the large bill FINRA is expected to send to them?
All MMEG traders already know the MMEG 2017 Annual report will not be released until April 2nd, 2018.
Maybe MMEG is waiting for their Xmas parties to end before they file for a bankruptcy (Chapter 7 or 11?). It would be embarrassing to have to tell all of the party attendees how much their common shares are selling for.
According to their latest MMEG 10Q filed, they do not have any cash to pay off their creditors and only have few assets to sell to pay their creditors off during a Chapter 7. Not likely that a Chapter 11 will ease the creditors anyway by giving them common shares they can't sell.
But hey! Xmas is coming and maybe if they publish their real office address instead of another P.O. Box, the mighty Santa will deliver a present to them?
FINRA 6490 RULE gives the time frame specified in SEA Rule 10b-17 (10 days prior to the record date involved):
To today's date, FINRA has not posted the MMEG R/S document or the expected date of that action.
MMEG traders are told to be patient and wait for 2018!
MMEG traders are never told that the expected 2017 Annual 10K will not be shown until April 2nd 2018 with the 90 day delay every company performs and the 2018 1st Quarter will no doubt be delayed again only to be seen on April 15th or five calendar days later with another NT 10-Q.
The info would be to remember this CEO's name before investing into another penny stock in the future.
LOL, MMEG created an 850 million A/S (much larger than their O/S size) so any 'buyback' would only display their pure ignorance of current traders.
The low-thought (IMO) CEO would only try to sell or distribute more shares while watching the pps drop again.
They didn't start a R/S with any thoughts on the MMEG price future for current traders, other than waiting for another, larger pps drop.
Just remember they still have a very large, recently created share package destined for their employees.
Whatever R/S date is announced, the MMEG transfer agent will be required to replace ALL of the reverse split shares with the new shares.
Until that happens with each individual's brokers, no old shares will be accepted for a sell price.
The MMEG transfer agent waits for the FINRA REPS to send them newly modified shares to divide them up.
More cartoon writing by the MMEG management:
LOL, What happened to the MMEG reverse split of "30" that reduced the size of the A/S to 850 million instead of the 2500 reverse split published?
A 2500 reverse split would only reduce the 24.9 Billion A/S to approx 10 million, not the 850 million being disclosed on the Nevada SoS website.
MMEG shareholders have been lied to again! There wasn't a reverse split of 1-30. Buy at $0.25 and watch your money disappear as a new O/S will be generated!
Fits in along with the current 8K informing us about an officer resignation on November 10th without telling us when the Secretary/Director (JOHN PEPE) departed.
They have increased the MMEG .0001 Ask size from 504 million to 534 million after the 450,000 trade. Ha! Volume is still 24 million!
The current MMEG volume at .0001 is only equal to $2400.00 which MMEG will likely need to pay their attorney to work out any adjustments with BlackFox lawyers before they start buying back any MMEG shares, IMO of course!
The only MMEG Bid I see is still ZERO.
They have increased the MMEG .0001 Ask from 470 million to 504 million right after the 24 million were traded at .0001.
So either more traders have decided to sell MMEG or the 24 million buyer(s) have decided to try to get their money back by selling at the pps (.0001) they bought at.
Could be though, that the MMEG cartoon writer just decided to entertain the standby cartoon audience.
MMEG - Has appeared to have been trying to sell their CD since 2013. What's that now? Four years ago? Sounds like time for an NEW effective ad campaign other than a twitter message!
Maybe the MMEG CEO will tell us why the company lost or changed a Corporate Secretary or even tell us why JOHN PEPE left and went to another company?
I looked up on Amazon and found only two items sold by zonbrands with no list of the maker(s) of the products. Maybe I missed their products.
Thanks for that, but this MMEG CEO can't even post the physical business address other than the P.O Box to receive letters to him, or the company.
Something is missing here with MMEG and no one wants to show any interest in it. I'm also starting to wonder about the Skin Scientific LLC that was supposed to go to BlackFox and if BlackFox decided to stay away after reading the Rip Off Reports complaints which included multiple websites.
My MMEG guess is that the low rent CEO is planning to move the corporation to Wyoming.
That way, he puts every mistake he made behind him including missing out on the Nevada SoS Fee charges.
I checked the Wyoming SoS website but couldn't find any company with the "Momentous Entertainment Group" name so maybe he is creating a new company name?
LOL, MMEG files a 10Q Amendment and shows an OS of 10 Billion shares, yet tells the Nevada SoS that they lowered their A/S shares to 850 million, just to lower the Nevada Fee bill?:
MMEG - Reverse Split? - Where Is It?
That is the same date of the reduced A/S:
Anyone ever find a press release from MMEG about the reduction/change of the Corporate Secretary that use to be
IF MMEG Common shares were reversed, EVERY brokerage account would show a reduction in every account holding MMEG shares and they would not allow their holders to sell a trade on any smaller amount.
MMEG - I'm still waiting to see the Nevada SoS reaction to a reduced fee amount from $11,000 down to $900 after MMEG changed their A/S amount from 25 Billion to 850 Million before they executed their reverse split.
How can they get away with paying a smaller fee amount if they haven't even filed their reverse split yet with FINRA.
Do we have to assume that FINRA is delaying their acceptance?
Did the MMEG cartoon character now acting as a current CEO, possibly read my comments about acquiring positive run companies with MMEG's NO-BID .0001 shares?
Is that what pushed MMEG into a reverse split now?
MMEG just paid a reduced fee to the Nevada SoS.
The license page says that the List of Officers removed John Pepe from Secretary and Director and replaced the Secretary with Tim Williams.
Divide the last MMEG A/S by the current A/S: