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That is the reasoning. This is a speed bump caused by brokerage firm's and institution's inability to take a position in OTC companies. Unless you sell your position, your relative percentage of the company will not change. Once this company starts the "doing business" ball rolling and once the up listing occurs (very soon) it will be interesting to watch the action. Especially since the reverse will greatly reduce the available float. A reverse, while initially painful, should result in a beneficial result in this case. The next announcement we should be anticipating is one giving us further clarity on M.T. and Trisept Solutions. Hopefully that will also happen soon' Good luck.
From the little I have heard that is the reason it is being done.....and I don't believe it will be very long before it happens
2018 year in review released...more to come
If you are new to this stock and don't know the complete story review the releases....or wait a little while longer and it may all become very evident
We'll see who's right soon.... the "sky is falling" contingent or us
maybe in the next couple weeks "I believe" will be replaced with "I told you so"
Not too much longer I believe
goforthebet...try and ignore the sky is falling opinions....I believe our long wait is almost over
We are post holiday season....things should begin to heat up....Exponential would be a good first step
Correct....major roadblock removed, RBIZ stock and Verus stock acquired and hopefully the next step will be revenue producing announcements after the first of the year
Let's hope for a great new year
The important news for RBIZ is that Don Monaco agrees to aid in future financing for Verus.... no more convertibles
Great news!!!
Legacy lawsuits are settled....check out news on RBIZ website
VERY good news!!!
just now came up on MKGI's site
It is coming.It's just that a lot of privately held companies take extended time off around the holidays. Though it would be a nice Christmas present if they got it done soon.
I can't believe Bill would have gotten up in front of an investor conference a few days ago and state that MT would be turning on shortly without being given the green light by MT. It's only a matter of time before we see the news. Will the upcoming Christmas break slow the announcement being made? It's possible. MT is a privately held company. They can handle holidays like they want to. I am extremely impatient, but I sure am not going to panic when we are this close. Try and enjoy the holiday as we all wait for MT to turn on the switch.
I firmly believe it will happen soon, but the exact day it is turned on is not in Bill's hands. MT will turn on when MT decides to turn on. The upcoming holiday season may be a factor in how quickly MT gets it's employees to get it done.
Finally....very good news
This will be my one and only time that I will respond to you. Is it merely coincidental that you suddenly appear only when the short interest report is published? It is obvious to any thinking person that the reason this stock price has been held down is by the constant shorting after having momentum and breaking through the $3 price barrier a few weeks ago. Equating the value of a company to it's stock price in a heavily manipulated environment is a mistake. I firmly believe this company will be up listed and that we are close to the revenue streams beginning. Now, I will take my own advice and no longer respond to whatever negative agenda is forthcoming.
I still believe the revenue streams will begin soon. I, also, 100% agree this waiting is agonizing. The last short report illustrates the shorts have been doing everything they can to hold this stock down. My only advice is continue to give MKGI a chance to execute their plan and try to ignore the new posters with their obvious agenda
As I said please keep shorting....MKGI's time is almost here
Please continue shorting and digging a deeper hole
The shorts have definitely been doubling down trying their best not to let this stock move as evidenced by the short interest increasing over 200% in the last two weeks from 26,000 to 80,000. Those shares will have to be purchased when this stock starts to move.
This debate while entertaining is accomplishing little. It all comes down to the fact that it is now the time for MKGI do start doing business. That is why the company has, I believe, begun the process of opening the spigots on the revenue streams. While less than the revenue which will be realized if and when MT comes to the table, it is a start. While not being on the inside limits my knowledge of how big the upcoming announcements may be, I am still excited that the process has begun. Once things really start I don't believe it will take the street a few quarters to realize how revolutionary MKGI's business model really is. I believe it will be evident very soon. I am anxious to see what the next few weeks have in store for us.
As usual Retirement,your opinions are well thought out. No one wants a R/S , especially the insiders and the Pacific fund that just took a substantial stake in the company. There remains several weeks before the up listing will occur and I am of the opinion there will be several announcements made in that time which will get this stock to the $4 price level without the necessity of a R/S. MT may very well be one of those announcements, but MKGI is no longer waiting. The announcement yesterday will more than likely be the first of several partners that don't need to use MT as a conduit. Everyone is entitled to an opinion, but anyone who believes the insiders won't do everything they can do avoid a R/S is kidding themselves.
As Retirement said on Monday, MT will get here at their own pace. MKGI has decided to push on and begin the revenue streams. I believe this to be the first of many.
It appears you have decided to liquidate your position and you are looking for validation about that decision. You are certainly free to sell, and, since neither of us have any inside information, we are both guessing as to where this stock will be trading in approx 6 weeks time. I am anticipating announcements around the Nov 15 Roth Conference. With up listing a few weeks after the conference I believe MKGI will want to go to that conference armed with something new to discuss. While Mark Travel would be great to announce, they are not the only possible partner. I believe equating stock action on the OTC with the potential value of that company trading on the NASDAQ is a mistake. The true value of this company won't be realized until after up listing. I still believe that since the majority of the stock is held by insiders that they will do everything possible to achieve the required stock price without a reverse split. Time will tell who is right.
Which is true, but they have a few weeks to make it happen with announcements. The insiders own the majority of the stock, and they don't want a reverse split anymore than we do. I have a feeling they believe a few announcements are in the pipeline. ..We will see.
The stock moved over 50 cents several days ago when the shorts temporarily took their boot off the throat of this stock. They have been playing with it since then. I believe their time is short.
MKGI is firmly dedicated to up listing....it is going to happen....and then the multiple institutions they have presented in front of at these various conferences can begin taking positions in this stock. Then this low volume manipulation will come to an end.... By the way they have another presentation at the Roth Conference on Nov 15
Shorts are still at it....making a few cents....hopefully they get burned
Up listing officially applied for today
Thank you both for a voice of reason
Please quit making assumptions about stock action until after MT announces...MT will generate a tremendous amount of revenue for this company
The reason we are going to be up listed is to enable institutions to "come on board". Most brokerage firms and institutions can't trade a stock on the OTC market. Institutions actively taking a position in MKGI will get rid of the low volume manipulation we are seeing presently. We are almost there.
After I posted I realized my gender faux pas .....sorry
Gentlemen....a 1:1 split means no split at all. The reverse split possibility was put in to satisfy NASDAQ. The 1:1 choice was put in to give the company an out to NOT do a reverse split if the stock price is already at $4. This is entirely possible after MT starts the revenue generation and the stock begins to realize it's potential. The manipulators don't want anyone to realize this. Hopefully the weak hands are done selling, because MT is very close. Buying at these levels, in my opinion, will be looked back on as an excellent decision. Good luck
And to add to your point, a reverse split is not a given. The R/S was included to satisfy NASDAQ that the $4 threshold would be attained in the application for up listing. When MT turns on the revenue, momentum will begin behind this stock. Reaching $4 is definitely possible over the next few weeks when the average investor realizes what they have in this company.MKGI will be a revenue generating machine and those perceptive enough to get in at these levels will be, I believe, pleasantly surprised in a relatively short period of time. Good luck.
Excellent post....remember the end of summer cam be considered the fall equinox, which is toward the end of next week. As you advised, use the dumping that occurred today as an opportunity to buy more. I believe we are almost there
Manipulators doing their thing. We are rapidly approaching the time when MT turns on and we are up listed, that these low volume manipulations will be a thing of the past.
Do yourself a favor and quit watching the daily fluctuations as the manipulators do what they do. The stock will get traction when MT turns on, which will be soon.
Getting the company's software to be compatible was and is the main stumbling block. But they have not been simply sitting and waiting. These last several months have been spent marketing the company to numerous other providers so that when MT turns on our eventual number of revenue streams will be coming not only from MT, but numerous other entities.