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MMEG .0001 Ask size is now 110.5 million!
A $100 share amount decided to exit from the Ask size!
MMEG .0001 Ask size is now 111.5 million!
Are they using those cheap shares to acquire another revenue producer?
Or, paying for a new 3rd Qtr 10Q?
It's likely that buying of .0001 MMEG shares has stopped as traders wonder WHY a new company which managed to gather a first annual revenue of $3 million and then turns around to look for another company to buy their revenue assets!
How does a company with no CASH buy revenue assets from another company that just started as a new company?
Waiting for MMEG NEWS?
Try it here:
From what I read, that company is a marijuana stock being bet on by casino players.
MMEG will have a similar run in the not too distant future
Yes, I agree! I've been watching penny stocks like MMEG crash ever since I initially lost a lot of my cash in 2014.
LMAO! MMEG! The Monday News announcement just increased the MMEG NoBid x .0001 Ask size to 114 million.
Looks like there are a lot more wanting out!
News Monday
Whatever in the MMEG "NEWS" is expected, don't get too disappointed to read only a quarterly filing of the last of September's status and maybe a current O/S number at the filing date.
The END of June filing told us: At August 21, 2017 (the filing date), the number of shares of the Registrant’s common stock outstanding was 2,488,266,331.
The A/S in MMEG is very LARGE! The Majority of traders who dislike reverse splits are because a lot of R/S penny stock companies do not delete the sizes of their A/S and traders know when they see that, it is because the R/S company plans to use the A/S to create more shares in the O/S after the R/S increases the O/S with higher prices.
A large A/S is a valid giveaway to the loss of any trade in a R/S.
10Q NEWS? LOL, That's like we were supposedly told by a MMEG insider to only wait to read the 2017 Annual report because they already have it all filled out with the 2017 current financials!
Yeah, like wait for April 15th of 2018 to read the 2017 Annual report! That's SIX months from today's date!
I finally talked with investors relation. We have a company that on paper reflects the past valuation and will not show the progress it has made until the fiscal year reporting for 12/31/17 is available for reporting.
David says the turn around is under way and should be reflected in the year end financials. He said only trust what is printed and published by the company. "If you trust and believe what these fly by night investor clubs say, you are on your own. Give them the time to report the facts in their financials and you will see the progress. We reported the debt in our financials, but the "fly by nights" les you astray with their own conclusions. We are close but need time. Thanks for your patients
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=135870767
News next week?
3RD quarter filing is DUE next Tuesday and it is unlikely they will release any NEWS today before the filing is due.
Why would they want their traders to sit around for 5 business days while waiting for the quarterly filing to be issued!
Companies being acquired DO NOT ACCEPT NO-BID x .0001 shares as currency to pay for their companies assets!
HELLOOO, anyone ever considered that?
This still makes me wonder who is actually writing posts on the MMEG Twitter account?
The last Tweet post was 20 days ago!
The expected news date makes me wonder if the 36 million shares which were dropped from the Ask was a pre-payment to the IR that was just lowered?
MMEG just lowered their .0001 Ask size by 36 million to reduce the Ask size to 124 million down from the 160 million!
Sorry, I just received that expectation from the IR guy as another current laughter.
press release next Tuesday morning.
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Wow! November has returned! MMEG has only 12 days before their 3rd quarter 10Q is due to be filed, or 18 days if they file another NT 10-Q hoping to get a filing extension from the SEC!
LMAO! MMEG just lowered their .0001 Ask size by 36 million to reduce the Ask size to 124 million down from the 160 million!
What happened? Did they move to a new management meeting room for brunch?
Yes, that's $16,000 to buy all of the displayed shares at the lowest share price seen.
160 million on the .0001 Ask, with 6.9 million showing in the volume!
That doesn't mean much to the current MMEG traders holding their shares while an insider (salaried employee?) of MMEG tells us that traders need to wait for 5 months to see an MMEG 2017 annual report of the companies financial status filed in 2018 as they still pile on BILLIONS of low price shares to the market!
Yeah, end of 2017 is going to look great as MMEG management keeps their voices shut down!
MMEG Ask is now 160 million at the .0001 size!
2017 Annual Report will not be seen until after March 2018 and maybe longer if they file another NT-10K, then expect it to be filed in April!
Another drift in the current knowledge of MMEG financials to see what was lost in a monitored share account!
What available, operating company would ever accept any shares from MMEG wanting to buy their own assets with a bloated share structure!
I can't imagine any intelligent owner of an available company would ever agree to accept .0001 shares in exchange for his company or his employment situation.
Any simple reading of this company's future would tell the reader that the low priced, BILLIONS of shares produced by the poor CEO to purchase an income producing company, would never happen in the real world!
Merger & Acquisitions Division
http://www.momentousent.com/fin/MEG_M_A.html
A/S increased by 10 Billion?
MMEG is loaded with 'flippers', otherwise there wouldn't be 950 Million shares offered for sale at the Ask price of .0002 or dumping their holdings at the Bid price of .0001
HA! They just dumped their 32.8 million at .0001 that was in the 950 million Ask at .0002
Real flippers rely on a CEO that deals with the traders in real life and doesn't avoid telling real stories on the MMEG Twitter account!
The MMEG CEO cannot get his own loaned money back from the company so how could he possibly get the MMEG traders their money back by creating poor news to raise the stock price up?
Better to sit back and wait for the MMEG 3rd quarter report to be due and instead watch the expected NT-10Q to be filed while the money continues to disappear.
November 14th to the 20th should entertain the traders while waiting!
Maybe he can tell us where the "Supply and Demand" trade 'sells' at .0001 are coming from.
Old News?
No removal of Default status with Nevada SOS
MRIB is now ACTIVE in Nevada!
MBIB files new Nevada Reinstatement, Annual List, Acceptance of Registered Agent and added 7 billion shares to its A/S.
LOL, Nelson now says:
Kurt should have one early next week. Keep you appraised
Kurt should have one early next week. Keep you appraised
— TEN Associates LLC (@PWExchangeINC) October 26, 2017
If what I referenced wasn't there and in a posting, I wouldn't have been able to copy it with my computer to identify it as OLD NEWS!
Yes, looks like "OLD NEWS":
No removal of Default status with Nevada SOS
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=135716561
Yesterday! How old is that photo of the former MRIB CEO?
Rofl cmon man .... thats so YESTERDAY!
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=135715853
MRIB is now ACTIVE in Nevada!
MBIB files new Nevada Reinstatement, Annual List, Acceptance of Registered Agent and added 7 billion shares to its A/S.
I already posted the reinstatement EARLIER TODAY.
OLD NEWS? JUST FILED IN NEVADA YESTERDAY (10/25), SO ONE DAY LATER IS "OLD NEWS"!
LMAO!!!
Better than seeing 3 year old news!
$MRIB - BACK TO LIFE IN NEVADA!
$MRIB - NOW 360 MILLION VOLUME
Is there NEWS out today?
Going over 270 million of the MRIB volume today!
.0003 x .0004 LAST WAS .0003
MMEG 10Q is due 45 calendar days from the end of their 3rd qtr (Sep 30) which makes it Nov 14, but based on their past history of filing a NT-10Q, it will likely be moved to Monday Nov 20th or later!
And another 3 million after the 9 million and the MMEG .0001 Ask size still remains at 8.5 million!
MMEG traded another 3 million and followed by another 9 million at .0001 and a mere 1 million is pulled loose from the 9.5 million on the .0001 Ask size and sets it only to 8.5 million!
MMEG traded another 3 million and followed by another 9 million at .0001 and a mere 1 million is pulled loose from the 9.5 million on the .0001 Ask size and sets it only to 8.5 million!
We have 9.5 million on the .0001 Ask size and get .0001 trades totaling 18.98 million and haven't changed the Ask size yet! Still have 9.5 million!
Chalk this trading up to another MMEG cartoon scene!
We have 9.5 million on the .0001 Ask size and get .0001 trades totaling 18.98 million and haven't changed the Ask size yet! Still have 9.5 million!
LMAO
Thanks for all of the details, but that was filed 4 weeks ago (Sep 26 & 27) and nothing has been added with MMEG since then!