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Holly cow, with this rate of dilution, why would anyone buy shares!
Cant say about management, but I can vouch for the quality of the lighting they put into the Sarasota Boys Club gym. The old lighting was dim and colors on the court and lines on the floor were ill defined. After the new lighting, It looked like a new floor. I video recorded many youth basketball games both before and after the new installation. The difference in the video quality is amazing.
If I remember, Evolucia donated the lights and installation. They also did the install of cobra head lights on the Ringling bridge in Sarasota. The bridge lights seem a bit dim to me and they seem subjectively closer together than the previous lights.
Not sure about the business model, but they do clearly have good products and are quite real as a manufacturer. SP has its own dynamic, but it does seem that thier share count is too high given the sales figure. Not sure if this really constitutes a share selling scam, but the products are for real.
I will tell you another company doing this. You may have heard of it.
It is called Gatorade.
Yes they do have a recovery shake, and it is cheaper and better tasting than P3 and in much higher distribution.
Only volunteered this becaused you asked.
Regards.
How do you know about a promo?
I tried this with a company called NXOI which was similar to MHYS in that it related to video technology albiet for real estate. They actually have revenue producing products and lots of anciliary streams.
OK, but that certainly does not mean that it is ready now.
Are you saying that it is ready now?
Not without some big news or legit developments. Notice that no pumps have been released in a long time. This is because everyone is already on to this stock and there is no pump potential left.
I am long on MHYS, but the short term plays are over until something real happens.
Not sure I understand how this will benefit MHYS. Grodnic is one of the producers. However, there is certainly no guarantee that fees generated by his services will be used in MHYS. These fees could be kept by Grod outside of MHYS.
I really do not see where there would be any motivation for him to place these fees into MHYS. MH has been created for the purposes of producing second screen movies as well as conventional movie production.
Does anyone know if Grod has conteracted for his services through MH, or is he contracting on his own behalf?
I appreciate that the news sales figures are encouraging. However, debt and other issues may results in an earnings reports that is not as impressive as the sales figures suggest.
If this was a sub penny, then I may see your point. However, the current market cap of $40 million just does not make sense. Furthermore, the share price was at current levels or higher prior to the news of the most recent sales.
Past 10Q's suggest that there was warnings of the company's future as a going concern. The new sales may put this off for a while.
Municipal budgets are tight and not conducive to capital investment, especially when the investment only replaces infrastructure that already exists. LED lighting, while desirable, is not necessary. The real bread and butter will be a cost analysis which balances energy and maintenance savings against the cost of admission. It either works or it does not.
Not sure I understand. The announcement you left a link for is dated May 2011. Has MHYS become involved with this? There is no info about this on their web site.
What I do not understand is how this stock can be trading near 3 cents. This gives a market cap around $40M with no earnings.
What is the stick that is proping up the tent? Can this be entirely due to some kind of good will? Not sure what typical P/E ratios would be for this industry, but if it were on the order of 15, then this would require about $3M in earnings. In a lack of earnings, it might be pretty difficult to reconcile a meaningful value, but it seems to be that this should be less than 1 cent per share.
Someone proping this thing up?
That article does not look like any kind of breakout.
Without any progress by the company, I am afraid you may be right and it may be even less than your predicition.
The recent big dilution makes historic lows a greater possibility.
Of course, a movie release, or better yet, the interactive app or announcement of a license agreement, will make the point moot.
That is the dream. Unfortunately it remains only a dream, and now 6's have become the predominant SP which represents a steady decline over the past 2-3 months. May not stop at 6's.
Regards.
What makes you say that?
Do you know something specific? Please share if you do.
Thanks
Not much going on here.
Looks like everyone has left to persue more active issues.
I agree.
However, lets be clear that these releases are NOT news. This is deceptive. Additionally, the sources for these promos are not independent.
These promos are either hired by others or the promo writers are vested by virtue of owning shares. This should be disclosed when posting here. These are not objective sources.
I am hoping that MHYS will release news. In fact, I think that if interested parties want to help spread the word, they should not spend their time doing it on stock boards. Everyone on stock boards already knows about MHYS and the SP is built in to that familiarity.
Instead, why not spread the word by contacting mainstream media who write about technology, the movie industry, etc. A couple of good articles in these types of publications would bring immense amount of new interested parties into the fold and liklely result in much higher demand and increased SP. I am not sure why Grodnik has not bee doing this.
The problem with biased promos as well as rediculous postings on these boards, is that it discredits the reputation of the stock and lowers it to the level of a plaything. Serious investors pass on this since the board no longer has integrity and no one can believe claims made by posters.
Look, I own a bit above 12M shares and want increased SP. It is just that huckster talk on boards does not benefit the share price. If people would be more accuate and credible in their statements, then people reading might take the posts seriously. It is all about having integrity.
Regards.
I did not see anything about MHYS on this insidebulls web site. Only a prompt to join their list.
I did however, see this in their disclaimer.
"In such a case insidebulls.com directly mentions at the bottom of this disclaimer along with the exact form and amount of compensation. insidebulls.com, its affiliates, associates, relatives and anyone associated with insidebulls.com in any manner reserves the right to either BUY or SELL shares in the profiled company's stock, either BEFORE the date of the profile, DURING the date of the profile or at ANY time after the date of the profile"
Look at the document disclosing the 'Employee benefits plan"
Boils down to core business. If MHYS gets their act together an keeps their promises of movie releases, then this will all be a moot point.
IF you go the the PR section of their web site and look at all the promised releases which never happened, then you cannot blame shareholders for being skeptical. Of course, this history is built into the current SP.
While I am not sure, this clause appears to pertain to conditions under the event of a reverse split.
It is a bit frightening to have such language in the document since Grodnik had referred to a reverse split in the SST interview and seemed quite willing to consider.
For those wo have not been in a stock which undergoes an RS, it can come without warning and have instantaneous negative effects.
Check out NXOI if you wish to see a case in point.
Regards.
MHYS has diluted by 35% for an apparent "Employee Benefit Plan".
This is not encouraging considering that Grodnik has shown in his SST interview that he believes it beneficial to reduce the share count via an RS.
Recent trends in the SP are probably reflective of these events. Volume was down signficantly from past days which indicates that to have a respective share volume, futher reduction in ask price would be likey.
No distribution details have been made regarding the next movie. What, if any, rights does MHYS possess for this movie other than providing production services. They may not have any benefit from ticket sales. Until these details are disclosed by the company, then proper assessment of benefits to MHYS cannot be reliably made IMO.
This post contains information which is on topic and pertinent to MHYS investors.
Can you provide a link or tell us what the nature of the alert is?
Was this published by MHYS or by a promoter?
I was just on the MHYS web site and saw no such alert or any news. Admittedly, PR's come about on osurces other than the MHYS web site.
So please, if you are going to make the claim, please provide the info.
Thanks.
Jets board?
What is that?
I saw ATTD on one of the P&D newsletters yesterday.
I guess it had some effect today, but I would imagine the end result will be a return to pre-pump prices in a few days.
There has been no substantial developments in the company or sales data that I am aware of. Things do not go up for no reason and I have followed dozens of these penny stock runs. The same thing happens nearly every time.
Of course, maybe some good news will come out soon to legitimate this run, but somehow I am skeptical. Tomorrow will prove me either clairvoiant or complete fool.
Its your money, you decide how to invest.
Regards.
On Reverse Splits.
As per Mr. Grodnik's comments in the SST radio interivew, a reverse split is possible. Having invested in Pennies for a while now, I have found that RS typically follows issuance of additional shares via dilution. This has happened recently at MHYS.
This is not necessarily sinister, but logical. Company needs services but is under capitalized. Therefore shares are traded for services. Once services are rendered and shares paid, the service providors want to get paid and therefore sell their shares.
Unfortunately, a large quantity of shares hit the market to the point where SP gets stuck, often at .0001. Therefore an RS is issued to bring the SP in line with marketable product and reduced the supply, therefore balancing supply & demand. Happens all the time.
The attitude of the company is that shareholders bear risk and risk is calculated into the share price. You get the glory or get the shaft. It is the way of life in investing.
Grodnik stated a willingness to institute an RS. Therefore no one can come back later on and say they were not warned. While the context of the statement implied a different tact, the reality could be different.
Swim at your own risk.
So you still think that Employee Benefit plan is a great sign?
I think the big trades at .0006 are the direct effect of the 35% dilution that occured. Certainly was not a shareholders benefit plan.
Why would someone divest of 14M shares friday before the closing bell? Probably because they believe that things will go much lower following this massive dilution. Could we see levels below .0004? .0003? .0002? It is not unheard of after dilutions with pennies.
They do have history on their side.
Tuesday will tell.
Regards.
I think competition has something to do with it.
I think that the RS and subsequent big dilution has tarnished LHPT. Lack of trust lead to skepticism of new claims.
I think the rubber has to meet the road and there is not really any substitue. By this I flat out mean earnings. Period.
News releases, pumping oil, potentialleases etc, really mean nothing. I have seen this with many pennies who appear to have good stories, but the business end never seems to produce fruit. Makes you jaded after a while and willing to believe the words of no one.
I appreciate management changes, but the same old trends prevail.
When oil and money flows, the stock will move too. Otherwise trips are not out of the question.
Regards.
You always find small trades, whether they are paints or not.
The bigger problem that has evolved here is the news of a bunch of new shares being issued as part of a so-called "Employee Benefit" plan which was just announced.
This dilution could have a significant downward effect on share price. It would appear to increase the OS by around 35%. This is not good.
I think you should probably be more concerned with this development since it cannot be undone. Small trades really do not influence SP to any appreciable extent unless they are used in times of panic over dropping SP's.
Regards.
Are you sure?
Per past data, I believe the OS is around 325 Million shares. The float is around 225 Mil. Has anyone contacted the TA to see what current count is?
The end of what?
Can you tell us your source? How did you find these miraculous things out?
I thought I was pretty good at researching this company, but my DD does not reveal anything on the radar screen.
Does ALGF have revenue? Positive earnings?
Numbers are greatly appreciated.
Regards
Check out the volume.
This thing looks dead until the next pump.
Anyone know what their earnings are? Naturally, I do not mean revenue, I mean earnings. Are they positive?
This stock was treading deep trips for quite a while. This may very well be its resting value.
Regards.
Sure dead here.
While I do encourage monitoring film releases, I am not holding my breath. ALL of their other promised releases did not occur on schedule.
Not sure, but I think that rights to these movies are limited. In some cases, they have only provided some pay for service production services.
Still I hold the torch as well as a fairly large cadre of shares.
Still the 70+ mil sell the other day makes me nervous. Is that a one day record? No movement in price with that volume spells selloff. Anyone check the TA to see if there has been dilution?
Anyhow, in a lack of interest, historically this stock has migrated to about .0004. It did dip recently to .0003 for a split second. Wish I got those.
Anyhow, no real forward momentum right now. Money has moved on to more active stocks. I am guessing that the 70 mil sell was done for this reason. Wow, about 1/3 of the total float abandoned in order to move on. Does not inspire confidence.
Hope Grodnik is working behind the scenes. The RS comments in the SST interview were sincere but badly placed. I do not think he understood what the ramifications were. That is what happens when you are completely honest. I think in the long haul that this is a good trait, and one I respect. In the short haul, it created an exodus.
I hope his honesty prevents him from going the RS or dilution route. I am impressed by him for his lack of stock savy. This means that he is dedicated to the core business. I just hope he is able to pull the interactive movie thing off.
If that were to work, it would be really cool. Happy to be part of it.
Regards.
It depends upon the revenue that is generated from sales/rentals.
Nothing is given and stock holders perceive share value differently than what may seem obvious.
Bad real estate investments can have disasterous effects on the bottom line on individuals and companies.
I would prefer to see updates about movies, the app, or licensing of MHYS technology. Then the SP will really go. Otherwise, I think it will be busines as usual which, in times of stagnation, can be surpisingly low.
Regards.
Can you tell me who's projection this is?
It was a 100 share sell at .0008 which triggered this.