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Bogs,
Good to hear you are going to the open house.
I was very impressed when I visited the plant in late June.
It's also good to hear that more investors are making the effort to see what is really happening at Colortec.
This company will turn around.
Go American Auto Industry!
Ya , i will , but later , wind is down and I'am off for the day.
Sorry guys , I have been flat out trying to enjoy my vacation with my family who have flown in from around the planet. No wifi on the boat yet, so I am away from this site a lot lately. I will try to post those photos later today, weather permitting.
When at the Colorteck plant I saw people working very hard all over the facility. I was told at the time that 24 employees were working on the shop floor with another 4 doing office work. I counted 20 plus auto's in the parking lot :)
I was very impressed with everyone's enthusiasm towards getting the very best product out the door.
UPS truck arrived when I was there to pick up the daily shipment to one or more clients depending on the daily completed job orders.
Large lots of inventory of auto parts waiting to be painted as daily orders demanded.
Organized and orderly painting process which is very easy to adapt to changing client requests.
Plant and equipment appeared very good condition.
Not happy with this RS or share price lately but I am a very long term investor in this one so I will wait and see how it all evolves.
Thanks, I will check this out later today when the sun goes down and sailing is finished for the day.
Or someone who was born and raised on Cape Breton Island where the locals are known as Caper's .the 28 is the sail number on my first boat. Just saying.
Just tried to upload some of my photos of my Colorteck visit but no luck, anyone want to give this teck challenged old dude a few tips?
I mentioned I would post the pictures when I got my boat in the water. Floated yesterday, mast stepped today, flat out mate. I will do what I can in the morning.
This is exactly what I saw at Colorteck and Chuck Pinkerton did speak at length about pending work for a very large industrial client. Chuck Pinkerton also made it very clear that most of MWWC's present and hopefully future clients DO NOT want any word getting out about signed contracts . Loose lips sink ships!!
Hi , I really have been flat out since arriving in Canada with July 1 ( Canada Day) and all . I will make a big effort to post those pictures I promised within the next few days. Must get the boat ( Cornish Crabber) in the water and ready before the bride arrives on the weekend.
Just landed at my vacation location after 77 hours of travel so after a good sleep (and when I have my boat in the water)I will post photos of my visit to Colorteck.
Have a great weekend folks.
It's real, get them cheap while you can.
Caper
Sorry for the slow response to my three hour visit yesterday to Colorteck in Baroda, The long travel took it's toll and I crashed a half hour after leaving the plant at the first hotel I could find. Traveling again today so not much time to post.
First of all, I must thank Chuck Pinkerton for his extensive tour of the painting facility and his candid and frank discussions regarding MWW. As you are all aware ,I had to sign a nondisclosure agreement so I can't talk about numbers mentioned to me but I can say I was impressed. In the past I have worked in the painting facility at GM in Oshawa Ontario, and later at TRW Automotive in Tillisonburg Ontario and while I know MWW is not in this league size wise they still put out a very high quality product. They are very adaptable to the ever changing demands of the client which is fantastic. MWW is keeping its present clients very happy and there are no signs that this will not continue in the future. I fully expect to see this company grow with new clients and to increase size of orders from its present clients.
I also spoke with Rainer while I was in Baroda about the current situtation with the shares hitting the market and he expects this phase to be over soon. Sorry I can't say more but I will say that I am going to be buying more shares in MWW and expect to see a strong little auto parts painting company down the track once all this finance company BS is behind us all.
Falling off the grid for a couple of months as I am going sailing on my yacht in Canada ,so I'll post when I can. Keep the faith investors , this is a good little company with a very dedicated management team and a seemly happy workforce.
Caper
Of course you can. I've sent you a private message.
I have been traveling so I just read the last few days of posts. MERR, you and Risk-Reward are welcome to join me in Baroda on the 28th as far as I am concerned. Please contact Rainer and run this by him to insure it's cool.
I neglected to mention in my post how greatful I am to
Rainer Porter for his assistance with my pending visit to Colortek. Rainer was very quick to respond to all my emails, and he also said he would try to get Chuck Pinkerton to visit Colortek on the same day to show me around. This meeting with Mr.Pinkerton is now all lined up for my visit.
Thanks again Rainer and I look forward to speaking with you from Baroda after I tour Colortek.
I am meeting with Chuck Pinkerton at Colortek on the 28th for a tour of the Baroda facility. Having worked for a few years at GM Oshawa,Ont,CDN (paint line) and at the TRW auto parts plant in Tillsonburg,Ont,CDN I am very keen to see MWW auto in production mode. I will update here soon after my visit.
Ya, I hope so also. Only one chopper, four airplanes, one rental car and 12000 miles between me and seeing some stacked MWWC product. Too easy!!
You're right, I am fine. Just watching from down under with the patience of a salt water croc '-)
Great research mate, looking very promising for MWWC down the track. Keep up good work, I always look forward to reading your posts.
Cheers Mate!
Flights booked, car rental booked, all for my pending visit to MWWC's Baroda facility on June 28th. I am making a list of questions to ask management, Positive, constructive suggestions welcome :)
Fantastic news!
Well said!
Thanks, Yes I am in for the long haul.
I agree with you BMAN!
I am planning a visit for late June. I'll have 24 hours on a Jet just to get close enough to drive to the Colortec facility, I hope you are located a little bit closer Merr :)
I have, check post 20671.
31.5m and holding , Mr. Kletter you are now #2 shareholder ' )
100% correct!
Great post!! If we all give these guys a bit of a break and a bit of time they will turn this little gem into diamond. I am backing you for 2014 and beyond. In long and strong!!
Again I am not a insider , check out my post 14666. Just a keen MWWC supporter like yourself.
Presently holding 17.1 million shares at an average price of .006. I have most of them locked in to sell at $7.77 and I have no intentions of selling any until they are well north of 15 cents. I am not a insider just a former car plant worker (GM, TRW) who got a good tip on a good come back story in the making. I saw what happened to Magna years ago with a low of around 2 bucks per share and I did not want to miss another major turn around, so I jumped in big time. GO MWWC!!
Great news, I can now look forward hearing the CC again. Thanks Bogatstvo!
I will be in a plane from 30min before the CC until 10 min after , talk about bad timing !! Will this CC be recorded by anyone for later use?
My wife and I entertained some old friends and their children tonight and I spoke about the new app called Private String. Parents were mildly interested but the kids aged 13 and 15 were all over it and wanted to know exactly how they could get to use it. Once this generation catches on to this app it will be sky's the limit for BigString!!
I also would like to see how you came up with this figure.
Just signed up on PriviteString and testing it to see if it works , so far so good. Go Bigstring!!
I have signed up for the Beta test and have sent invitations to friends and family too also sign up. Go BSGC!!
Is 3m your cut off due to the 5% rule?