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Almost 5.5 million shares traded so far this morning.... Cannot be too bad!!....GLTA
I cannot believe that there are people still selling at this stage with the positive news just released. Go luck to all the longs here!!!
MC Endeavors Offers Business Update: 01/12/2012
MC Endeavors, Inc. (PinkSheets: MSMY) (MCE) is pleased to announce a reorganization of the company's operations, the retirement of 158,336,885 shares back into the company treasury, and that it continues to pursue business with respect to its primary products.
CEO Tim Algier stated, "After a disappointing last quarter of 2011 and a few months of unexpected events, we are looking forward to an exciting and prosperous 2012 after the restructuring of the company, the opening of a new office in the business friendly State of Texas, the prospects of consummating international product sales after building the groundwork over several months, and the successful closure of some projects that have carried over from last year."
"Although we have been quiet for a while, we have not been idle. We apologize for the lack of news in recent weeks but we felt it was best to delay any updates until the unexpected significant sales of shares in October by pre-merger shareholders and others were exhausted."
MC Endeavors is pleased to announce that Ricki Groetzmeier has been added to the Board of MCE and as a new Officer with the title of Secretary/Treasurer. We have also added Israel Sanchez to our team as Director of Design Development.
The restructuring and the reversal of purchase agreements with Western Door and Seismic Foundation resulted in retiring over 158M shares back into the treasury which brings the total number of shares returned to 500M over the last 6 months. This has resulted in a new Issued & Outstanding Share count of 210,132,694 of which approximately 48% remain restricted at this time. Management believes this action demonstrates a commitment to the shareholders to improve the share structure thereby adding value to those remaining with us.
The new office in Austin is strategically located in the Texas Capital between major oil company offices in Dallas, our product testing lab located in San Antonio at the Southwest Research Institute, and the port city of Houston.
In November we exhibited at the Texas Alliance Energy Expo, which is a smaller version of the big show to be held in Wichita Falls, Texas in April where we plan also to have an exhibit booth. We made a number of very good business contacts at the show to add to our growing database of companies in the Oil Exploration and Oil Services Industry which we contact via email on a weekly basis. A number of our products are of interest at these shows, including our disaster resistant manufactured housing made from steel components, transportable in-the-field rig-shacks for drill-rig operator lodging, barge housing in container apartments, and of course our natural biodegradable oil-spill clean-up materials and services. The increased activity in the oil fields in distinct segments of the country has brought serious interest in these products.
On the international front, our business partner Cornelius Shogunle of Fiscal Dynamics Limited is leaving for Nigeria during the first week of February to work with his sales and service teams executing our joint path forward with oil-spill clean-up projects using our biodegradable products DualZorb® and PondZorb®, both made of all-natural cellulose material that immediately breaks down oil and any hydrocarbon molecules into a non-toxic environmentally safe inert mixture that can be tilled into the soil and just left to decompose. The Nigerian market for our products is forecast conservatively at $10M over the next few years.
We also have a business partner, Eddy Daniel, who is working on the ground for us in Haiti. Today is the 2nd Anniversary of one of the most devastating natural disasters in history that struck that already impoverished island nation. People have been living in tents, essentially camping for two years now as international contractors are still clearing debris. The turmoil, poverty and disorganization experienced by Haitians across their homeland are unfathomable for most Americans. Haiti today looks like the earthquake happened two months ago, not two years ago. Where did all the aid money go? According to a November 2011 report by the U.S. Government Accountability Office (GAO), of the $1.14 billion of U.S. money allocated by Congress for Haiti reconstruction, only 20 percent or $184 million has even been obligated, and most of this money, $120 million was transferred to the Haiti Reconstruction Fund. Less than 1 percent of the $412 million in U.S. funds specifically allocated for infrastructure reconstruction activities in Haiti had been spent by USAID and the U.S. State Department and only 12 percent has even been allocated. So there is still a long way to go in the reconstruction of commercial and residential buildings in Haiti.
Please know that MC Endeavors, Inc. is committed to moving forward and building shareholder equity as responsibly and quickly as possible. We will continue to focus on the building of this company and we intend to make every effort to update you concerning our achievements and progress.
MC Endeavors, Inc. is a global smart-home builder and self-sustaining community developer of natural disaster resistant building systems that utilize steel framing or steel shipping containers with rigid closed-cell foam insulation instead of conventional wood framing and rolled fiberglass. MCE integrates green technologies including solar, wind, and biogas powered generators that are ideal for durable transportable oil field rig-shacks. We also provide water and soil biodegradable-remediation from oil, chemical and sewage spills after natural or manmade environmental events with our patent pending DualZorb®, PondZorb® & AcidZorb® products.
FORWARD-LOOKING STATEMENTS
The information contained in this release consists of forward-looking statements within the meaning of Section 27A of the Securities Act and Section 21E of the Exchange Act. These statements may involve risks and uncertainties that could cause actual results to differ materially from those described in such statements. Such forward-looking statements involve known and unknown risks and uncertainties, including all business uncertainties relating to product development, marketing, market acceptance, future capital requirements, and competition in general that may cause actual results to be materially different from those described herein as anticipated, believed, estimated or expected. The Company is under no obligation to (and expressly disclaims any such obligation to) update or alter its forward-looking statements whether as a result of new information, future events or otherwise.
Contact information: Gary Patterson & AssociatesPhone: 714.369.2933Email: IR.MCEi@Gmail.com Website: www.MCEndeavors.com
BUY/SELL volume ratio at the moment is 34:1. Looking good!! I think there should be some more PR out before the end of the week... GLTA
Looking real good so far today. Perhaps we will get past these resistance levels and start the climb soon!!...GLTA
More important... tomorrow's schedule to meet with Secratary of State, Hillary Clinton
Wednesday, February 8 :
At 8:00am, the Prime Minister will give a press conference at the National Press Clu (529 14th Street, NW, Suite 1300, DC 20045). At 10:00am. Garry Conille, will meet with José Miguel Insulza, Secretary General of the Organization of American States (OAS) before to lunch at the World Bank. Lunch that will be followed by a briefing / talk on gender, with Yanick Mézile, the Haitian Minister of Women Affairs. That same day, the Prime Minister will meet the Secretary of State Hillary Clinton at the State Department before attending a reception at the Embassy.
Haiti Prime Minister's Schedule for to-day in Washington
Tuesday, February 7 :
8:30 am breakfast meeting with the organization of Men and Women of Haitian affairs. The Prime Minister will meet at 10:00 am and 11:00 am. congressmen [the Congresswoman Yvette Clarke and Frederica Wilson] before going to a meeting with Mr. Luis Alberto Moreno, President of the Interamerican Development Bank (IDB). Meeting will be followed by a luncheon in honor of Prime Minister and the delegation. Around 4:00pm, the Dr. Conille, will meet with Senator Mary Landrieu. The day will end with a dinner at the residence of Mr. Leslie Pean.
Hey RISKON any input on how we could give the stock some more exposure. I think it needs to be exposed to more than just the people in this hub. Most on this hub have been here for a while now. Need to attract more new faces. JMO.......GLTA
If you got in at .004 then it would appear that you made a good choice. Did you?....GLTA
Looks like most here are waiting on some more news. Either that or the longs are out of funds!! We definitely need some news for a catylist.....GLTA
There is still not enough pressure being applied on the ask... IMHO ....Wish we could see some more ask slapping and this should fly..... GLTA
200 back at ya!
Looks like a little buying pressure could move us up pretty quickly. The time is come to make a run.... GLTA
We might see a "Run Incoming" if you and Illinimatt were to double up on your share count!! ......GLTA
We are going to need a whole lot more buying volume to get to those levels ....GLTA
My observation is simply that no one (even those that are long amongst us) are buying at these rediculously low prices. I hate to see the momentum from the last PR dwindle when I feel there will be more News out soon according to the wording of RISKONS post. Seems to me all the buyers must be still sitting on the sidelines. I don't understand why!! Anyway GLTA that have stayed the course.
Good luck to you MSREDDY I think you are in a a great price and very much doubt if we will see 3's here again..... GLTA
All of that great posting you did might just spark the attention of some buyers for a nice little afternoon rally before the big move comes with another PR...Where is our RETIREDMM? ....GLTA
Great job on all of your posts Riskon! Perhaps that will keep folks interested until the company news comes out. Their PR was was out on January 12th so I really think that the follow up news won't be for another week or two since only 14 days have passed since the last one.... Keep slappin' and GLTA long MSMYers
That ought to put you up about $4,500 this morning. Keep on slappin' .......GLTA
Good morning all MSMYers ....I would sure like to see a little more volume on the ask slappin. IMHO it is going to take some volume to move this in an amount sufficient to make a difference in the pps.... So lets see if we can move this on the anticipation of more news....Volume begets volume.... GLTA
We need some more ask slapping just to get above yesterday's close of .0057
New earthquake just reported in Hawaii...No injuries reported. Some twenty aftershocks
Looks like a tiny little bit of ask slappin' this morning will move us up fast.....Bring it on!!.... GLTA
Welcome Gail... You are in at the right time ...Hope you can bring some of your Snow Angels with you for the ride. GLTA
I guess that could be the case with any disaster stricken country. Fact of the matter is that many countries throughout the world are chanelling millions of dollars anually to help the reconstruction of the area and Mc Endeavors just happens to be in Haiti at the moment actively chasing contracts and they are diversified enough not to need to rely on just what comes out of Haiti....but thanks for your input anyway...GLTA
Haiti relief dollars finally resulting in real reconstruction. Where are all the ask slappers?
http://www.foxnews.com/entertainment/2012/01/18/sean-penn-says-haiti-relief-dollars-finally-resulting-in-real-reconstruction/
Good Morning MSMYers...Since the news came out, the number of followers on this board have increased from 195 to 208 and is still rising. Good sign!! We need a few more ask slappers to take this on up to where it should be...... GLTA
Sweeeeeeet ...Keep on Slappin up to five now!
Hey Riskon, where are all the ask slappers? The last trade was almost an hour ago and the ask is sitting at .0045
Here are some more contributions about Haiti finance and reconstruction and the IDB's part in the progress
http://www.haitilibre.com/en/news-4726-haiti-social-$5mm-for-haiti-sean-penn-new-ambassador-at-large.html
http://www.haitilibre.com/en/news-4499-haiti-energy-$20-millions-for-peligre-hydroelectric-plant.html
QUOTE:- Every single Automobile Repair Shop and Industrial Engineering Shop in the Nation have a use for the the OIL ZORB PRODUCT and that is just one potential market within the US....GLTA
Welcome aboard woodman5577. You seem to have a very good position here at .003 ... I retired from the Shell Oil Company a number of years ago, however I did spend some time in Lagos, Nigeria and can certainly confirm that they have a dire need for the companies Zorb Products. The coastline around Lagos is one massive oil slick,which really until recently went unregulated. Mc Endeavors only needs a small percentage of that market to come out smelling like a rose. Also every single Automobile Repair Shop and Industrial Engineering Shops in the nation have a use for the product!!...GLTA and good luck to MSMY for their continued efforts.
back at ya!
illinimatt81.. Looks like less than half a mill of ask slapping may take us back to penny land. Riskon how about an updated L2
Good morning all MSMYers and welcome to all the newcomers. Hopefully we will see this upward trend continuing today and in the weeks to come. I felt very encouraged with the new interest that was sparked after yesterday's company PR. 23+ million shares changing hands is IMO quite impressive. GLTA and good luck to MSMY for their continued efforts.