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thanks Cheeky,
just started learning how to analyze charts...not elder lol
guessing fat finger like yall said before??
haven;t been in this morning...whats with the 0.67???
sorry for the false and misleading statement
againstallodds wanted me to elaborate what I stated about Chad so I did
everything is my opinion and no there is nowhere that says this but those who know about Sulja Bros know about Chad
i emailed him b/c the PR stated in quotes "the SIMCO Group" w/o any clarity as to who they were. many people on here wanted to know more about this so called financing company so i felt compelled to shoot him an email thats all
trust me if i can get out making a little green i will
BTW, a stock that can be up or down 50% on a couple hundred shares is not quite a solid company yet
a tighter bid/ask and some more volume will bring investors in...obviously spitting numbers out in the millions is doing nothing right now
just to clarify, I am in not way bashing this stock, I feel they do have potential but not confident until everything comes together
Chad Curtis:
He was the head person who promoted the fraud company Sulja Bros.
This ties MDOR to fraud, so there is in some way risk involved here
Things can change
glty
<of which the institutions committed $15 million USD>
"the SIMCO Group" notice i always put quotes around this
Ok this confirms they didn't get a dime yet.
Probably correct but you never know
Why didn't he write disbursed ???
this is Chad Curtus we are talking about here
thats what i don't like about this stock....such huge swings....as soon as i put my sell order in at .42 the ask dropped to .40 and a sell/buy went off at .37.....if i sell below .40 i will be in the red...so as long it takes for me to sell in the green i will be here
imo this is dead money for another 6 months....."near future"
when is the near future....it has been near future for a future now....give me some backbone.....i have 0.42's for sale if anyone is interested
once I see a tight spread and increase in volume I will jump back in....if I can get out of this with small profit.....glty
email the company about "the SIMCO Group" and was told I could share this...I'm sure you may have received the same thing
Here is what I got:
As always we will update the market with more details in the near future about this transaction. There are several reasons as to why we didn't completely spell out the entire deal as this would of and could of affected the overall execution of this funding package. This is a complex deal and it involves several large institutions however we here at Magnum pushed to get the best possible terms and executed on it. We publicly released the terms of the financing to the market so that everyone could understand the transaction and see we executed one sweet deal.
The overall scope of the project we are involved in is roughly $400 million USD of which the institutions committed $15 million USD of it to Magnum in what I and many others call, "More than favorable terms."
Regards,
Chad Curtis
this is the only thing that keep me interested and i can't let it go....the A/D line
the A/D line continues on a relentless march north. just waiting for the stock price to catch up with it and if it does we should see some pennies....imo
first time doing an annotated chart so go easy on me...lol
strong buy imo
MatlinPatterson writes off $450m investment in mortgage lender
http://www.privateequityrealestate.net/Article.aspx?article=35269&hashID=612097438F7E69431A0B7219AF093B7041CC8DA5
thanks for this info.....i do not want to sell but there is money to be had in other stocks...can get back into this one later....doesn't look to be going anywhere any time soon...imo
looking forward to more info later
thanks again for confirming this
well the way i look at it is, if you can't find them on the internet then they don't exist...i need proof here....if there is none i will defiantly dump my shares
here is something i came across on a website
Magnum D’Or Resources (OTC:MDOR), the small rubber recycling company, disclosed a $15m capital raise from SIMCO group. The company has not generated any notable revenues to date, only making references to $130m of contracts. The terms of the transaction as filed with the SEC are less than robust. Further attempts to gain informaiton from the company and to verify the investor group failed. We did find a a SIMCO group in Pennsylvania, that is led by a Francis L. Simola. In recent years, SIMCO controlled pink sheets listed Powercold Corporation (PINK:PWCL), a maker of HVACR units. Per the SEC website, Francis Simola earlier this month settled charges accusing them of fraudulent revenue recognition from fictitious contracts. In the settlement, Mr Simola did not admit or deny the accusations but agreed to pay a $75k civil fine and consented to a 5 year ban from being an officer or director of a public company. We cannot confirm the identity of the SIMCO group in the press release.
http://middlemarketfinance.wordpress.com/2009/03/23/transactions-in-focus/
is there anyway you can PM me what you were trying to post? been trying to find info on SIMCO as well
totaly agree....im kicking myself in the ass right now for not going elsewhere myself
might be dumping my shares tomorrow....this thing is dead money for me right now.....there is money to be made in this crazy market and this is not it for the time being...just scared b/c as soon as i usually dump a stock it runs the next day....will leave with profit though....we shall see
I would like to know about this SIMCO Group as well.....did a google search and came up with this bs looking site, http://www.thesimcogroup.com/
if this is the company, i don't see them funding $15mil to anyone....smells fishy to me....would like some clarification also......jmo
hello all
tempted to jump in....just can't get the balls to do it.....seems to be setting up for a potential run depending on BK.....SIRI ran like crazy after they took huge dive so I'm hoping for the best....good luck to all in this one...will join conversation if i add position
shouldn't Seaside 88 be buying 1mil shares today?? is that the reason for price drop???
i am assuming the loan process has finished and its a go.....huge accumulation going on this month.....news anytime imo....then pop
i am assuming the loan process has finished and its a go.....huge accumulation going on this month.....news anytime imo....then pop
interesting....dont know how relaiable this is
http://davisjonesresearch.com/reports/BCON_Davis_Jones_Research.pdf
not bad today....should continue to move up imo
after hours show 0.38
just seen the Q4 results and I agree....there will be some selling tomorrow
do we go red tomorrow or continue with uptrend???
how do you know it's going to be a BIG week???
0.0008's....7's......6's.......5's........4's.......3's........2's................................1's............R/S
I still own this stock and have faith due to charts, but this looks like it is heading to 0.0001 within a couple of months maybe longer....I know it has been said by JD no R/S as of now [\b] but come 5 months from now it might be needed.....jmo
50's coming by end of next week...imo....i will sell and buy back in the 20's and 30's....then repeat....this is how it has traded for a while now...higher pps will take a while....again jmo
emailed the company asking about company updates. here is the response i received
For your records please make sure to email us directly at mdor@magnumresources.net. The one you used was from the site I think and doesn't get checked as frequently as this one here. I am happy to have caught your email as I was just finishing up some work here at the office (late night as usual 12:20 a.m) and was about to turn of the computer.
To answer you question, yes we have a lot of good news to release in the very near term. We are waiting for a large transaction to finalize so that we can update the market with this fabulous news. We also have a variety of other very positive events ranging from Magog, New expansion, New clients, positive test results in Malaysia with MagnumSRI, and others. We will also be getting more involved with some new strategic marketing that we have planned as well as the upcoming "Our Planet" show and "21st Century Business Solution" show. We have already done the script writing for the "Our Plant" series which will air 19 times and have been working with both production company's.
If you have any question please feel free to ask them as we keep our lines of communication open 24/7 with our shareholders. It is also good to go to the source rather than getting it from a 3rd party if you know what I mean.
Hope to talk to you soon.
Take care and Regards,
Chad Curtis
Founder & Sr Advisor
not looking that way....i wish it was though
the Accum/Dist line looks ridiculous (in a good way).....share price just needs to play a little catch up....imo
fsmith, can you tell me where i can read about them getting the wrong machine?...i dont pay any attention to this company anymore so i am a little behind on things....i just pop in here every now and then to read the posts and look at the ridiculous share price
when is the tv show Our Planet going to air???