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Serious question. I live about 45 min from Austin, and they supposedly have an office in Austin. If I drive down there and they do not in fact have an office down there....is that a valid case for suing for fraud? And if so, how would we go about doing so?
Honestly...it does make sense..and no I highly doubt it is the company selling and here are my reasons why..Sometime around Nov/DEC NITE started taking a big interest in MSMY. When news came out in Jan/Feb, it was NITE that kept it down. The news should have popped it above .01. But when you have Nite selling off 5k blocks at 1/4 of what the share price was then, it keeps the stock from moving, and decreases confidence. Look at the history...the MM's let this stock rise a little, then crash it...rise a little...and crash it. Why would they do this? 2 words...short selling. When you are selling 500k Blocks off like they are nothing, and controlling the stock price like they are, it only makes sense. There's not enough volume to push past their game. Honestly if all of us massive share holders were to be buying now vs when we did between last oct-now the push would be enough to get past the resistance. Unfortunately until some solid financials come out, there just isn't going to be enough push behind the stock to get past the resistance the MM's have built. They have 100% control of this stock right now. If I had the ability to short sell this stock I could have made a KILLING doing it too with how they have been playing it. At one point in Feb we had all 3 of the Major OTC MM's playing this stock for that...if that doesn't tell you something I don't know what will. Once financials come out...even if they are amazing..they will still probably try to drive it down for a few days...the more it runs, and the more they can drop it down after...the more they make. Just my humble opinion and analysis.
Funny how I write a message asking Sonoil for honesty and it magically gets deleted, and Sonoil just happens to be an administrator. There was nothing derogatory in that statement. If the admins of this page want to slant the view of the stock and restrict freedom of speech on it, then there's something wrong here, and it's only going to hurt the stock. I've had over 2 million shares for quite some time now. I think I've earned the right to voice my opinion and question people who make suspicious statements
You obviously don't know much about the company...the answer is yes...they have products for sale. They have an online store where you can purchase their 'zorb" products in both small and large batches. It's all on their online store. And since when is Nigeria or west African an "unverifiable" place? What does that even mean? In this day and age anything is verifiable if you know where to look. As for the opportunity (that is how it is spelled fyi) to "showcase" in Haiti? I think you should really do some research into how contracting works and then get back to me. Next time, please take the time to do a tiny little bit of DD before posting...google would even work. So yes...they have plenty to show they really "exist." They have a verifiable product line that you could go order right now if you would like. That is more that almost any other pink sheet or OTC stock period can say. A little more research before posting next time...thanks.
Is the market even open today? weird to see 0 volume
Thank you. Interesting to see puma and nite playing the same stock...not familiar with the ctsi...will have to look into that. A lot of the big mm on the same stock...interesting. Lol I'm not gonna lie...I have a sell order for 300k (a little less than 1/5 of my shares) in at .005. Need a little extra $$ to buy a ring ;)
anyone got a level 2 they can post?
I don't...not as long as NITE is on this stock...he is making LOADS by short selling MSMY. Why would he stop? If NITE wasn't shorting this stock it would have broke a penny a long time ago. But he is short selling like crazy. It would have broke .005 yesterday most likely if he wasn't around. This stock should be in the pennies..go look at other stocks that have 1/4 of what this stock does and you will realize how undervalued it is. The ask may look really thin, but that is what NITE does, when in reality you aren't trying to break through 10k shares of resistance, you are trying to break through 500k. I'm about to start just following his lead to make profit until he decides to get out of the MSMY game. IMHO of course...
Ok first off...please use some logical reasoning before posting. Suspicious? Pumpers? ANYONE with a lick of common sense could tell this was coming early this week. The online store opened last week. That was no great secret. Once you see that happening at the end of a week you know there is about a 99% chance of PR on Monday, when it actually has a chance to affect the market. Secondly, revenue is revenue. It does not matter at all where it comes from or what part of their "core structure" it is. If their next balance sheet shows progressive income, that is all I care about. If their zorb products start bringing in a good chunk of revenue, WHO CARES if their contracts are delayed or in the works. A positive balance sheet, with the potential to maintain it is far more important. You are stuck on a line of reasoning that makes no sense. Maybe you can't see how outside investors are going to look at this. Even if it doesn't produce much revenue at all, it gives the company credibility. A product that investors can see and verify with their own eyes. That means a heck of a lot when it comes to a stock that is trading in the sub-pennies. So there's a big MM who is holding it down and has been with each PR. Apparently you don't know what a pump and dump is, because today sure as hell wasn't one. And lastly, their "core product" revolves around construction. An industry that is unstable at best, and has to deal with contracting and a plethora of other loopholes and possible delays. If they can market the zorb products on a wide scale, that give a stability to the company that is very rare in any construction based industry. If you can't see the potential that those products have for growth and revenue you don't belong in this stock. Maybe you bought into this thinking you would see MCE green homes popping up all over your neighborhood. Either way you need to adjust your views on the company, or stop complaining. You chose to buy into this stock where you did and hold it. I chose to buy and sell based on market movement...I had shares that were bought at .008. But I saw the downward trend...did my research and when I saw that it bottomed out, I loaded up. Then when it spiked in Jan I sold off 3/4 of my shares, reasoning it would most likely go down at least a little after the initial hype. Now I'm back up to almost 2 mill shares bought between .0024 and .0027. To date I have made over 5000 in this stock that is in my bank account right now, plus over 1000 in the green with the shares I still have. I will sell some again after it breaks .0045, to both mitigate my risk as well as retain profit. It's not that hard...basic deductive and logical reasoning. I would highly suggest trying it out.
Holy hell. The market is barely open and already almost 2 mill in volume....jeez. People can poke fun at the kitty litter portion of the news, but the fact of the matter is that this substantiates the company, and gives it some credibility, which is not something very many OTC stocks can say. This stock is so dang under valued it's not even fun.
Alright...I had a sell order in for 400,000 shares at .0038 in (I have 1.9 mill), and I cancelled it today and here is why: Prior to this, there wasn't even any verification that the company had any kind of product to market and sell (homes or otherwise). Now that you can actually order online, we know that they have a physical product that can be purchased and marketed. Sure I would still like to see contracts and such, but having this up shows that the company is real and not just blowing smoke. Hell I'm going to post on facebook about litter (that is the kind you use for ferrets as well, and way cheaper than the store) and I have some contacts in the oil business that I am going to tell about the products as well. Hell anything I can do to help the company's profit be in the green. I would suggest that you all do the same. Given the fact that there is now a verified product to be marketed and sold, the company's share structure, and a variety of other factors, this stock is so undervalued it's hilarious. Once the PR comes out about the store and other things this stock is going places. I'm expecting to see some positive income when the company reports its financials. If they get contracts on top of that too? Bye bye pennyland. Just my thoughts
Disclaimer--all of the above are my personal opinions and should not be construed as investment advice
You have to understand how contracting works. Especially when you are talking government contracting. I've explained it before and don't have the time to do so again right now. However, needless to say, it makes perfect sense why there is no revenue is showing for them right now, and is not an idication that they aren't in the works or finalized. I deal with military/government contracts every day. I know what I'm talking about. It also makes sense why they are concentrating PR on dualzorb. These products are easily marketable, and have the potential to show positive income much sooner than the main products which require contract negotiation, funding and approval process ect. You're essentially talking about the difference between retail and real estate. Short term, and long term potential. How would you do the PR to appease investors?
You really don't understand much about the middle east do you? There are about a million and one reasons why there aren't more details about the buyer, and I don't have time to go into all of them. Could be anyone from LN's to military or outisde contractors operating in Kuwait. For all of the above there would be reasons that the name wasn't disclosed. Things operate very differently over here. Just the nature of the beast.
I don't think your definition of "shipping container" and theirs is the same. A shipping container usually refers to a 20' or 40' DRY or Refer "seacan" or connex box. It can hold a LOT. I mean really. We use them for offices in Afghanistan.If they are talking about shipping stuff into Kuwait I can almost guarantee this is what they are refering to. The only other option would be shipping something like a triwall, but that would have to be done via air, and I doubt they are paying for that since it is not a cost effective solution. Plus they refered to it as a shipping container, which is pretty much the same as saying seacan. Look up the specs for a 20FT Seacan..should be something like 20X8X8 or 1280 Cubic feet of space. A 20' container is a lot of proffit, especially considering the previous quarters earnins or lack thereof. Just saying. It's a pretty substatial start in the right direction. It's not going to make the company rich overnight, but it is a major step in the right direction.
I would like to see above .0065 by mid next week. Idk how realistic that is though with how it's been trading
ok....I think ihub is on crack...it says the bid is .002 and the ask is .02...anyone else seeing that lol?
Lol..no I'm good...just doing it out of boredom really. I picked up 1.4 mill at .0025. I've got almost 2 mill now.
Yep...I'm slapping away...sad I didn't get my 250k, but I'll take the 149
The problem is, even if they get several contracts, it might not reflect on their balance sheets for a while. There are a few reasons why. For one, if it is a government contract or funding (i.e. hati), and they have been awarded a contract or a BPA (bulk purchase agreement), it will be 3-6 months before the government pays out. Just how long it takes to get through contracting and funding. If it is not governement there are a few ways it could pan out. A lot of times in construction only a portion is paid upfront in order to pay for starting/actual construction costs. The rest would be paid upon completion. Sometimes nothing is paid until completion, and sometimes it is all paid upfront. Just depends. Even if they paid it upfront it could still be 6 months or longer before the contracting/funding portion is done. There may be amazing news come out about a multi million dollar contract come out, but their balance sheets might not reflect it till summer time or longer. Just the way it works
Why are you even on this board? I've doubled up more than once as far as profit goes, on several of the bounces, and just buy more and more. Your "facts" don't really mean much when there is no big reason for this stock to have crashed. 1 company dumped it's shares. Plain and simple...there hasn't been news. BUT at the same time, there hasn't been dilution, toxic financing, or bankruptcy. None of the normal things you would expect to see in a stock that has tanked. It won't take much...not much at all for this stock to take a major bounce. Yes, I will sell a portion of my shares when it does to cover my losses/increase profit. However, I will keep the majority of it trying for a larger rise. When this stock breaks .05 again, I will be laughing in your face...if it doesn't, well I still will be because I have played this enough to cover any losses I may incur, and still hold almost 2 mill shares. If you don't have the b's to risk and play to cover your losses, it's not my fault. IMO this company is worth the risk, and this "down" time has made plenty of opportunity for smart traders to cover their losses on small bounces and buy back at an even lower price. But, you seem to know everything, so I will bow to your overwhelming experience and knowledge base. If you aren't here to invest in the stock, this isn't the forum for you.
He told me I should wait until almost everyone bought their shares at $2, and that I would magically be able to make an amazing profit
God told me today that this stock was going to skyrocket...so everyone else here needs to buy 200k shares each at $2 a share! K? Ready set...go! Don't miss out on this opportunity!
Geez if msmy sold for 24 bucks a share I would just retire. There is no way I would hold onto it that long though. Geez if it even broke a dollar I would sell. It's nice to dream about though.
IMO it is not going to break the .005 mark without some kind of news hitting, so when it topped out in the mid 4's I knew it would hold stable with a few trying to push it higher, then the short sellers would hit. That pushed it down, and as I saw it swinging downwards I knew more people would start freaking out and sell. Probably a lot of stop-limits in place as well that added to it. When I saw it was back in the 3's again I was betting it would hit the 2's based on past recent trends in the selling. It isn't a hard stock to push up to the mid 4's, and until news comes out it will most likely continue to bounce between the 2's and 4's. However, once news comes out it will not take long to break the .005 barrier and IMO it will blow past most resistances up to the .009's at least. Maybe farther. Depends on the news. IMO with good news it will blow past .005 pretty rapidly, and continue to rise steadily. As things improve in Europe and after the beginning of 2012 things should get better as well. My hope is by the time I redeploy next summer to have it in the .1's again or higher. Just depends on news really. I think it is a really good time to buy and hold this stock. Short sellers will bail several times along the way probably, but with news comes a broader spectrum of support, which this stock really needs to take off IMO.
You just have to watch the market, I saw this coming. 2 days ago I put in a limit order for 200k Shares @ .0024 and they filled today while I was out :) Not really too concerned about it. Siting on about 1.4 mill now, and I will be holding onto it. The upswing will come.
Lol...and what is that? Oh, and I would buy more, but I'm about out of buying power after all the christmas gifts I bought
Well kids..I finally joined Ihub so I could reply. I'm in for 1.2Mil shares as of yesterday. Definitely ready for some news