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Good morning Bogs.
That was a great heads-up from you on CMGO back on June 11. Since the beginning of June the stock has move up nicely from a low of 0.008 to a high of 0.045 this past Friday. That is up over 560 percent in one month! Pretty impressive, and wonderful timing.
Does your charting indicate that this thing will continue to climb, or does it look like time for profit taking?
Otherwise, it looks to me like it has a lot of room to run. I see overhead resistance at 0.06 cents . . . and then again at 0.10 cents.
Any thoughts?
Vaya con Dios, my friend!
Enjoy your summer. Best for front line troops to take a break at times.
Your posts were always welcome . . . , another thoughtful and thought provoking voice crying out in the wilderness here.
I welcomed hearing in this last post that you spoke with Rainer about the different methods of financing. I am now comfortable that MWWC's current plan, although not in your opinion the most effective one, was a reasoned decision made after looking at other options.
I don't know enough about the ups and downs that needed to be weighed, considering all the information that only management has access to, for me to make judgement on their decision (and right now we seem to be in desperate shape), but I do now know from you that it was discussed and well informed. As is always the case for management when it has to make a tough call, the devil is in the details.
I believe the latest deals only reflect reality. One must play his hand with the cards he is holding. Management does not disregard me, the investor. But rather, management serves me best when they do what is most effective for the survival and future growth of the company . . . for only if the company prospers do I have a chance to recover.
Like you, I don't like being in the dark. I would love to be at MWW for every meeting, a party to every phone call and decision, to review every contract before it is signed and be able to tell management exactly how to proceed to make this company successful. But then I look at my own checking account, and the nightmare of managing that makes me quickly realize that I had better let management handle things on their own! (LOL) Besides, regulations and client demands dictate what can be disclosed. Management must be very careful in this regard . . . as there are no limits, it would seem, to the number of ways this company's detractors can find to undermine every development, every announcement.
I don't know if we are destined for an RS . . . or for Fortune 500 status. We are, however, in agreement that, " we will see what the future holds for MWWC shareholders."
Best to you and your family. I hope to hear from you again from time-to-time and that we will have much more to discuss about this company in the coming years.
Dear Brian, try to relax. I can see you are feeling as frustrated as the rest of us, including Bogatstvo and Rainer and MWW management! However, flailing about in search of someone to blame will not improve the current situation, and it probably won't make you feel much better either.
If you are really a "valuable long-term shareholder," don't beat yourself up over the ridiculous drumbeat of negativity that "most are saying" elsewhere. Why listen to faceless unknowns who know less about tomorrow than you do? Why would you even trust that others share the same goals as you and management?
MWWC is still a game in progress and, more than that, a season in progress. Season ticket holders don't bail on their team in the middle of a game when it is trailing by a few runs. Not even when others in the stadium are screaming out how badly the pitcher/manager/owner are and that the team is a bunch of losers. They don't give up on winning the pennant just because their slumping team strings together a few losing games. They stand with their team and cheer them on until the end.
I understand that MWWC has had serious setbacks that have depressed the share price significantly. After dealing with my own frustration and disappointment, however, I realized that the tremendous fall in share price allowed me to purchase several millions of shares for a fraction of what I paid initially. This past week, I did just that. And so, when the share price goes to dollars (as I believed it would when I invested initially), I am then going to enjoy profits tenfold what I would have if there had been no sell-off. If, however, the gamble does not pay off and the company goes under, I will have added to my loss only a tenth of my original bet. I call that a once-in-a-lifetime opportunity!
For the record, I am not a flipper. When I invested in MWWC, I didn't expect to take profits for at least a year, and maybe three or four to allow time for potential growth to be realized. Not much has changed.
Also, charts are a trading tool. Some may find them silly; others find them useful. I find it helpful when someone shares charting knowledge that allows me to interpret what it indicates. I don't agree that it is pumping the stock to offer such information.
The fact that Bogatstvo may, or may not, have received payment or other consideration for services rendered from MWWC regarding information distribution of the company through his SWI web site in no way implies any wrongdoing or unprofessionalism on his part and is irrelevant. To suggest that he has insider information from management fails to consider that he could only have access to such information if he signed a non-disclosure agreement as required by law. He would then be precluded from disclosing such insider information, by law.
Try to look at the current situation as the tremendous buying opportunity that it is, even if you just want to cost average down. Thank the doom-and-gloom static you hear every day for doing more than anything else in the marketplace to drive the share price down to where you can actually afford to place that once-in-a-lifetime bet of lotto-winning proportions.
Load up now, then forget about the stock for a few months. Check back later, and you will have saved yourself a whole lot of angst by not watching the day-to-day ups and downs. And, you just might be very pleasantly surprised!
Good luck to you in your investing.
Thank you, for your kind remarks about my post. Thank you more for your first post, which was far smarter than mine.
I appreciate your long, difficult fight to keep this company going against terrible market conditions and those who will benefit by undermining your efforts. Someday, those who hung tough with you will look back and thank you and MWW management for everything you did. I choose not to wait. I thank you now.
Meanwhile, I just had a post from meathead . . . , confirming that some are still working on their answers to the quiz! LOL
Keep up the good work. God bless you and your family. And, have a wonderful and peaceful holiday.
Sorry, Quigley, that would be cheating . . . as I am sure many are still working on their answer.
Besides, if I were to predict the future of MWWC in a post, no one on this site would believe me. Investors here are much too intelligent and savvy to listen to predictions about the future of MWWC. Could you imagine someone telling you what is going to happen tomorrow or the next day . . . never mind what is coming in the next three weeks?
Anyone who tried that would be laughed off the boards!
(LOL)
I will, however, give you a hint. Over the last two trading days, I bought three million shares of MWWC cheap. Tomorrow, I hope to fill an additional order for five million more.
Good Luck to you and all, and have a wonderful 4th of July.
Overnight question for the class:
After the close (4:11 pm), 5.9m shares were purchased at 0.0002. The Bid has been growing (now at 23m shares @ 0.0002) with very little dumping of the stock.
Question: Why is there so much buying and bidding activity at this level and very little selling if the end of the MWWC world is in two weeks?
Answers (select one):
1. Investors everywhere have been affected by the heat.
2. Financial suicide rates always spike in July.
3. The 5.9m trade was very obviously a delayed paint but should not be "called out" because it's in the wrong direction.
4. California investors are going to dump everything at the close but don't realize they are three hours behind New York time!
5. Some fools are taking seriously the recent post: "It's real, get them cheap while you can," by a hoodwinked investor after his visit to the facility.
The correct answer will be posted in three weeks . . . if anyone is still here.
Great post, DRock! Well stated and right on point.
I could add another question:
How would you overcome a continuous barrage of criticism, negativity, and personal smears against management and MWWC by flippers that were designed to destroy investor confidence and manipulate the stock price into oblivion for personal gain?
But, I wouldn't expect an answer.
Thank you, King, for your kind words, and thanks to all who responded so favorably to my post.
Your posted pictures are a most welcome treat! They make me, and many, smile. If true, that a picture is worth a thousand words--then my posts are mere scribblings to your Picassos. Please, keep them coming.
I was posting to encourage fellow investors to think for themselves and to realize that MWWC efforts to reestablish profitable business, while seemingly maddeningly unsuccessful to this point, are active and ongoing. So too, is the company. Thanks to Rainer Poertner, Chuck Pinkerton, and other management folks, MWWC is still a work in progress.
The future is unpredictable. This simply means that, while anyone can speculate on what it will be, no one knows! Not really. My years in emergency medicine have taught me that while there is life, there is hope. So, thank you, MWWC management, for your hard work and sacrifice. And thank you for making the tough, thankless decisions, without benefit of a hind-sight safety net, that keep MWWC and hope alive. May we all, "live long and prosper!"
It may be too easy to despair and to lash out at management personally (and at others, like Bogatstvo, who are pro-MWWC based on their DD). However, it would make no sense for me, as a fellow pro-MWWC share holder who wants the company to succeed, to attempt to destroy them and their effort to save MWWC and our investments. I could not, and would not, do so without real evidence of malfeasance--of which, there has been none to date. To again quote that other Vulcan gentleman not involved in posting here, "It is illogical, captain."
Everyone here should, by now, understand that the complicated undertaking of resurrecting a business already compromised by strong negative market forces and natural disasters is a most difficult job. There are no guarantees of success. In fact, I assume that most would agree that the odds favor the opposite.
Why then, when projections are not met or plans (stated cautiously and with the best intentions) need to be changed, would I be surprised? When I hear that dilutive shares needed to be sold as a hopefully temporary but only means to keep the lights on and the doors open, would I demand that MWWC cease this practice at once and immediately shut down . . . thereby ending any slim chance for eventual recovery and also making my investment worthless? I say, "No."
If, while flying across the Atlantic my plane developed unexpected engine trouble and then ran into thunderstorms and was being violently tossed about and shaken by severe turbulence, and survival seemed questionable, I would not criticize, blame, falsely accuse, berate, and threaten the pilot, co-pilot and crew. Nor would I tell them how to fly the aircraft or demand their immediate resignations. Rather, as if my survival depended on it, I would tighten my seat belt, voice words of encouragement, and pray for their success!
Perhaps, as if our share holders’ survival depended on it we all did the same things here; we might encourage further investing in MWWC and an appreciation of its share value. That would be a win-win for everyone!
GLTA
DD and common sense are still the best tools.
I have a lot of confidence that companies like Mazda, ROUSH, Toyota, Ford, GM, et al. would not give contracts to any company that is not going to be around for awhile, or does not have the wherewithal to satisfactorily perform as required.
Should I trust that several Fortune 500 (and other) companies who are daily fighting for market share in a highly competitive, multi-billion dollar industry and are staking their reputations and future financial success on their own independent, informed, and certified evaluations got it right?
Or, should I listen to invented, negative outcomes based on misconstrued "company facts" and misrepresentations of events? (And these by posters who have no access to company records, contracts, production figures, accounts payable, etc., and are probably subverting the company for personal gain?)
Thankfully again, most of the investors here can recognize that kind of wrongheaded analysis for what it is and get a laugh at it . . . or just ignore it.
GLTU
Good post. Smart investors have been buying and accumulating as the sp dropped. Management and others on this board have been laying out the plan for recovery for those who were able to tune out the steady noise from the "sky is falling" crowd. Patience is the key!
It is easy to stampede investors in a falling market. People should ask themselves, why do the same voices sing in chorus of "doom and gloom" every time the price drops? Is it the Salvation Army come to save me? Maybe the Peace Corp.? Why do they care so much about me, that they spend hours a day at their keyboards, crystal ball in hand, sending out a steady S.O.S.? If you believe that pitch, you probably believe there is a real Vulcan posting on this site.
There is nothing new or mysterious in MWWC financing efforts. Nothing nefarious either. It is S.O.P. for a struggling concern. You didn't believe you were buying stock in Apple, after all.
This constant bashing of the company, the personal attacks on members of management and their attempts to keep the company afloat until revenue gains momentum, the cleverly worded and oh-so-thoughtful and pseudo-learned questioning of every development and bit of positive news, and even the failed attempts to destroy the credibility of a certain moderator who has refused to join in the negativity and has instead been a voice of moderation and reason, has only one purpose . . . to drive MWWC stock price down so they can make money and get you to sell your shares at these low prices.
Sadly, their strategy does great damage to MWWC, to the share price, and to you and me--the investors who are interested in buying MWWC and those presently maintaining long positions. Be aware, when you join in the negativity, you empower your enemies to destroy your investment.
Don't be fooled! If you have ridden this stock down, hold on. Don't bail now, when the downside risk is infinitely smaller than the upside possibility. If you are an investor looking for a great opportunity, tune out the negative noise and buy MWWC for the same reason.
GLTY
DD and common sense are still the best tools. And thankfully, we have you, Bogatstvo, here at "Stock Watch Index" and back as a moderator on the MWWC board for intelligent and informed updates and appraisals.
I have a lot of confidence that companies like Mazda, ROUSH, Toyota, Ford, GM, et al. would not give contracts to any company that is not going to be around for awhile or does not have the wherewithal to satisfactorily perform as required.
Should I trust that several Fortune 500 (and other) companies who are daily fighting for market share in a highly competitive, multi-billion dollar industry and are staking their reputations and future financial success on their own independent, informed, and certified evaluations got it right?
Or, should I listen to invented, negative outcomes based on misconstrued "company facts" and misrepresentations of events from uninformed unknowns who perhaps have a completely different agenda here than MWWC or myself?
Thankfully again, most investors here can recognize that kind of wrongheaded analysis for what it is and get a laugh at it . . . or just ignore it.
GLTA
Right you are BD! This is the turning of the tide. Long awaited start up of secured contracts; successful company investments in upgrading manufacturing equipment, as attested to by numerous certification audits by leading auto and industrial giants; pending new contracts; increasing revenues; and finally, the failure of the orchestrated attack posters to stampede a sell-off of shares, means that the future looks very bright.
I believe this is what management has been promising all along and is why they were keeping their powder dry and not panicking, and why they were willing to use last resort financing to keep the company alive despite the barrages of criticism they had to know they were going to be subjected to.
Will we not see stormy days ahead? Of course we will. But the outcome is secure IMO. As revenues increase and the share price starts to rise, dilution becomes a thing of the past.
True investors will begin to accumulate, flippers will be left behind (like people jumping off the subway and not jumping back on before the doors close, and the train pulls away with them still on the platform . . . chasing it), and shorts will be bloodied and frantically buying at accelerating market prices to cover.
Meanwhile, those who take substantial long positions in MWWC at these prices and hold on, will be among the lucky folks that can live out their years in comfort with financial independence and security.
Carpe diem. Seize the day. Waiting for higher prices will only mean shares will be more expensive!
GLTA
Greetings, Hazarderk. Thank you for sharing your thoughts bringing light on one of the more destructive obstacles to the successful turn around of MWWC and an increase in its share price. Sorry I took so long to respond, but busy holiday weekend.
I agree that posters, while free to declare their position--up or down--on a particular stock and then further support their position with relevant facts, act improperly and, perhaps, illegally when they engage in a disinformation campaign to purposefully cripple that company and bring harm to shareholders, management, and other investors. Recently, I introduced MWWC to some friends who then decided to purchase substantial positions at these bargain basement prices for their children's savings. When they came across iHub and saw the litany of derogatory posts, they called to inform me that they would be withholding their purchases due to the extraordinarily negative posts. As it turned out, these investors, MWWC, and all shareholder in long positions were damaged by the unwarranted attacks.
When reading through the posts, it becomes apparent rather quickly that a certain small group of individuals have been launching continuous barrages of extremely negative and disabling claims about the company, management, press releases, contract announcements, positive analysis and statements, et al.
At times quoting selective facts to gain credibility among readers, they then loftily proclaim their damning "conclusion" as truth, but always without evidence. For example: Truth #1--"It is sunny today." Truth #2--"It is very warm today." Conclusion without evidence-- "Therefore, it must be July." (It could be July, but not necessarily.)
At other times, personal attacks ensue. Unsubstantiated charges are thrown about without any relevant or supporting evidence that are little more than name calling.
Another tactic is the distortion of facts--to proclaim an action that is legal and proper to be illegal and improper and a "scam." Example: "The company Investor Relations person, (whose paid job it is, by the way, to bring positive company developments to the attention of shareholders and potential investors) has started a site to do so, and (Oh My God!) he is receiving compensation in the form of shares. How dishonest and illegal!" But, the real dishonesty is the distortion and smear.
Your question about motive for driving the stock price into the ditch is one that others have asked. Could it be for personal gain? I think one could safely surmise so.
Well then, financial gain? Again, that would be a safe bet. Falling prices would greatly benefit disguised shorters and flippers. We know of incidents of dumping on peaks and buying again after the price drops.
And you can never rule out a far more destructive motive . . . revenge. "Heaven has no rage like love to hatred turned / Nor hell a fury like a woman scorned."
By the way, I would not use the term "jarrhead" in this case. It is too close to an affectionate term for for brave and honorable friends of mine who live a code of "Semper Fi" or "Semper Fidelis," latin for always faithful. It just would not apply as used by you in this case.
Good luck and good investing.
Maybe, no where to go. But they were still fighting to turn things around. The alternative was to go out of business--and leave all the investors with nothing. While true longs may still lose all in the final analysis, at least flippers like Meathead (if he was being truthful when he told us about that) got the opportunity to churn, recover their losses, and even profit from the instability over time. Seems to me that some here would be downright happy and grateful for that!
I didn't get through Viet Nam by throwing down my weapon and yelling "Chieu hoi" ("I surrender"). I'm still in this fight and until someone comes up with real facts of malfeasance by management, not some wild speculation based on fantastical construction, I will support them and their desperate efforts to save this company and its loyal investors. And, I bet I'm not alone. If you, and others here want to strap on a bomb vest and blow everything up, go for it.
Meanwhile, this is my last allowed post of the day. Thank you Meathead.
That "change" occurred six weeks ago! April 12, to be exact. As moderator, you should try to keep up. But hey, facts can be so annoying.
Lest we forget . . .
MDR310 (Rainer Poertner)
Share
Wednesday, March 21, 2012 11:54:24 PM
Post # of 22077
While I read all the posts on iHUB, I typically do not get involved. Everybody is entitled to their opinion and I am not attempting to convince anyone otherwise. Nevertheless, I'll will get involved this time, maybe against my better judgment, to correct a few severely wrong facts.
Management of a public company is responsible to generate sales and profits for its shareholders and make sure that it is in compliance with all SEC rules and regulations. Naturally, communication with the markets is also of crucial importance, but we at MWW cannot and will not "manipulate" the market with unsubstantiated fluff.
During the last year we have been making certain decisions that are, as we believe, very much in the company's and accordingly in the shareholders' interest.
THERE IS NO DIFFERENCE BETWEEN THE COMPANY AND SHAREHOLDER INTEREST. IF THE COMPANY DOES WELL, THE SHAREHOLDERS WILL DO WELL.
Based on tight cash flow, caused by well known circumstances over the last 2 years, the company needs cash (please see our SEC filings) in order to finance the many awarded new productions that we worked very hard at to secure with new large clients. Since traditional bank financing for small companies has literally evaporated, we decided to use the currency of a public company, namely its stock, to finance new production. Accordingly the company had to make a few simple choices:
1. Raise no funds, generate no new revenues and eventually shut down.
2. Responsibly raise funds through currently available financing instruments (convertible debt), take advantage of the currently existing opportunities and make the company profitable again.
We believe that #2 might be the version that most shareholders would prefer. Although it has caused a temporary drop in the share price, it allows us to launch new productions, begin increasing revenues again and subsequently the share price.
To support this strategy, many managers in the company, including the Chairman, the CEO and myself have in the past (and still are) been deferring salaries for extended periods of time in order to bring the company back on track. In addition the CEO has advanced personal funds to the company and I have invested significant amounts of personal cash into the company over the last few years and as recent as a few weeks ago. So, we are actually not "stuffing" our pockets, as one post implied, but actually "emptying" them as a sign of our commitment to our company and its shareholders, which by the way, also includes us.
Every Dollar we have raised has gone and is still going right back into operation, mainly production. I would hope that this is in the interest of all shareholders.
Nevertheless, all that aside, the only thing that matters is performance, and THAT IS EXACTLY WHAT WE ARE WORKING ON EVERY DAY. I sincerely hope that we can show this performance to you soon enough, so these painful days will all be a distant memory.
P.S. We will turn up communication when we believe that it will have a long lasting positive effect, so we are not wasting our resources for a potential one-day spike. In the meanwhile we are always here to answer your questions.
This message should not be interpreted as investment advise, or as a solicitation to sell, buy, or hold MWW stock. PLEASE READ OUR SEC FILINGS CAREFULLY AND DO YOUR INDEPENDENT DUE DILIGENCE.
__________________________________________________________________
I, invesdebater, now say the following:
The 10-Q informed us of the financial status as of 03/31/12. It is now nearly two months later, business is growing, and we are that much closer to the anticipated recovery. Only three trading days ago the pps was .0029 at the close, based on the more recent company developments.
While it is true that the negative numbers of the second quarter were terribly disappointing and frustrating, it is the ensuing panic and self-destructive tearing down of the company that can be most ruinous to the shareholders, as well as to MWWC.
We all demand performance from management but at the same time, in my opinion, some posts undermine management's efforts with a steady barrage of angry, negative, out-of-context, and selective "facts" that present both a distorted picture of MWWC and the character assassination of those working hard to build it up. Some here claim to be altruistically saving potential new investors from calamity, while gleefully destroying the equity and potential profits of current investors and the future of the company and its employees! Give me a break.
Does the naysayer on this board claiming to be long really want to "cut off his own nose to spite his face?"
"THERE IS NO DIFFERENCE BETWEEN THE COMPANY AND SHAREHOLDER INTEREST. IF THE COMPANY DOES WELL, THE SHAREHOLDERS WILL DO WELL."
Can we not wait, at least until the end of the 2012 fiscal year that management indicated to us as the time needed to turn things around, before we pass judgement? Is it necessary to perform an autopsy while the patient is still breathing and has, no matter how faint, a pulse?
Let's give management, and ourselves, the chance to survive . . . and prosper.
TY BD and Bogs for your explanations. Today's intraday correction seems to bear it out. As of now, we recovered back to yesterdays close and again bumped off that overhead resistance.
If Bogs prior stated theory (about repetitious bumping leads to a breakout and subsequent run) is correct, we can anticipate more strong upward movement in the near term!
Also, great re-posting of Rainer Poertner statements by Thermoking. Tk always has the best pictures posted!!! Tinker Bell never looked so good.
Fifth day in a row with a higher close. How long can this go on before a dip/profit taking? Chartwise of course.
Morning Bogs--like a breath of fresh air in a latrine! Things are looking better already in this meat market. LOL.
Thermoking, you post such great pictures!!!
Wish I knew how to do that.
Good Luck today! Almost post time.
Case New Holland is a World-Wide company. While not as impressive as the pictures of their giant farm equipment (Thank you THERMOKING, post 19219), this information from their web site, herein submitted for your DD, does help to illustrate the potentially tremendous benefits to MWWC:
North America
CNH, a leading global manufacturer of agricultural and construction equipment with approximately 11,300 dealers in approximately 170 countries, had net sales of $18.1 billion in 2011. Of total net revenues, agricultural equipment sales represented 73 percent, construction equipment about 20 percent and financial services about 7 percent.
About 43 percent of CNH’s net sales of agricultural equipment and 37 percent of construction equipment were generated from sales in North America in 2011. Globally, CNH has approximately 30,000 employees and operates 37 manufacturing facilities and 28 research and development centers. Manufacturing locations in the United States include Benson, MN (sprayers, floaters, packagers, cotton pickers); Burlington, IA (tractor loader backhoes, tractor loaders, forklifts); Calhoun, GA (crawler excavators, dozers); Fargo, ND (tractors, wheel loaders); Goodfield, IL (soil management (tillage) equipment); Grand Island, NE (combines, windrowers); New Holland, PA (hay and forage equipment); Racine, WI (tractor assembly, transmissions); Wichita, KS (skid steer loaders, track loaders); and in Canada: Saskatoon, SK (planting, seeding equipment, components); and Mexico: Queretaro (tractors, components).
Wanted to drop in an say, "hello." Hope you are relaxing this weekend and getting ready for the next round. I sure do believe there are more than a few people on these boards and in the markets who look forward, as I do, to your sage and calming posts.
Sometimes it seems like kindergarten (LOL), with squabbling and hysteria and just NOISE. Then you step in with a reality check and reestablish equilibrium. It's like, "Whoa, an adult has just entered the room!"
I have been following MWWC for almost six months now, learning about the company and markets in general.
One thing I noticed is how the ups and downs of the market are a lot like life itself. Some days you're up . . . some days your down. And you never know when the ground is going to shift under your feet. Seems like the markets (and life) aren't always playing fair!
Another thing I noticed is that the whiners and complainers are always ready to quit . . . to sell out. The real winners hang tough. They reevaluate, make necessary adjustments, reinvest, and continue to march.
My investment experience here has been wildly exciting and rewarding when we hit those highs, but painful and frustrating recently.
It's OK. It's life. I'm hanging tough. I want to be there with you and the other winners when we head up to the next highs!
Thanks for listening . . . and for being there. GLTY.
I've got my fingers crossed with you, good buddy.
Sorry I allowed my frustration to vent on you this a.m. After reflecting, I requested the board admin. to delete my post.
Got to remind myself from time-to-time that we all get frustrated when the share price keeps dropping . . . and the hole gets deeper.
I haven't been here as long as you and most of the others, so I suspect you've been getting hammered more than me.
Meanwhile, we got a respite today and, with luck, maybe this is the "turning of the tide"--so to speak. I strongly believe it is only a matter of time until we see a sustained and spectacular rise in the SP and revenue stream of MWWC. Just don't know when that time might be!
Good luck with your investment here. And, thank you for holding on with MWWC for so long. When it comes, you'll certainly have earned it.
Keeping the faith!
Kudos to you, realfacts. As one who has had business dealings directly with MWWC and then shared with us your confidence in management, it seems you got it right. As you predicted in your last posting, it appears that Hillair Capital Investments entered into an agreement with MWWC, "in such a way as to get a fair return but not hurt the company." (See yesterday's SC-13G filing.)
Quote: "As far as conversions, they (MWWC) should have already paid 2/3 of the big $250,000 convertible plus interest with the last 1/3 coming up in June. It has either been paid in restricted stock or renegotiated. My sense of Hillair, the fund with this convertible, is they are not greedy and will settle in such a way as to get a fair return but not hurt the company. I expect an 8K about this in the next 60 days."
This may be the conversion news the market has been waiting for that will alleviate downward pressure and allow this undervalued stock to begin its long anticipated upward climb. Thank you, again, for your good efforts regarding the future of MWWC. Live long, and prosper!
I knew that. Just wanted to let you clarify the paper trail. Seems that too many things get distorted on this site . . . sometimes intentionally!
Thank you, DB. Excellent advise for all investors!
Greetings, Bogs. I don't think you agree with Neo when he states, "Games being played by management". While true that the current OS figure (last reported at 341 million) is not in the SC 13G filing in question, this fact in no way supports his prejudicial slur.
Firstly, the filing to the SEC is by Hillair Capital, not by MWWC management. The filing states:
Page 2 of 5
1. NAME OF REPORTING PERSON
Hillair Capital Investments LP
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
90-0809696
Secondly, the method of calculating the percent of shares is not misleading but is based on the Form 10-Q/A, as specifically stated in the document itself on Page 4 of 5, to wit:
(b) Percent of Class: Hillair Investment beneficially holds 9.46% of the Issuer’s issued and outstanding Common Stock (based on 173,029,486 shares of Common Stock issued and outstanding, as stated by the Issuer in its most recent Quarterly Report on Form 10-Q/A filed with the Commission on March 1, 2012). (italics are mine)
Thank you again for your excellent postings. GLTY in all your endeavors.
Neo, how about posting all the data next time. TDA shows additional trades for .0015 at 3:34 pm and 3:51 pm. (Just for accuracy of course.)
Spoken like a true meathead.
Thanks for the kind remarks. I much appreciate your insightful and reasoned posts. Keep them coming. Good luck and success.
BEWARE THE SIREN SONG OF THE DOCTOR KEVORKIANS!
Thank you. Hang tough. If this was easy or an exact science, everyone would be millionaires! Go MWWC and GLTA.
BEWARE THE SIREN SONG OF THE DOCTOR KEVORKIANS!
Thanks Q. Just another voice crying out in the wilderness . . . , but your response made it worthwhile.
BEWARE THE SIREN SONG OF THE DOCTOR KEVORKIANS!
Well said, BD. I tried to warn folks last week of the same, but my post was deleted!
Investors here and everywhere should exercise their own DD, but be aware that not everyone measures success as they do.
Some on this board can only achieve their agenda by seeing MWWC fail. They continuously defame management, deride every attempt to rehabilitate the SP, and "graciously" warn off investors with relentless opinions of doom and gloom.
Everyone is entitled to their opinion, but investors must recognize that facts and statistics can be constructed to support any side of a position--positive or negative.
Because MWWC SP has been in decline over a period of time, the naysayers gain credibility. But if they were so smart, so clairvoyant, they would not have empty lives to spend hours a day posting what, at last, are only predjudiced opinions. While poisoning investor confidence on this site may be "entertainment" to some, it can be very expensive and destructive to many.
I made my decision to Buy MWWC due to its potential to produce and increase its value. I still have confidence, despite the day-to-day bickering, that is true.
BEWARE THE SIREN SONG OF THE DOCTOR KEVORKIANS!
Good to get your response to my question and thanks for the invite to drop in. Very encouraging past week here, and I saw you identifying other promising companies for fellow investors. You do great work and are a real credit to this venue. Your efforts are much appreciated. Thanks again.
Thank you, for your informed response. I recognize and appreciate how hard management has been and continues to work for the success of this company. It certainly is not as easy as some would assume to avoid the many pitfalls. They have earned my support. Good luck to us all.
Thank's for your response. Your dating the 8 made it clear that I was reading it incorrectly. Also, your explanation of the demand, or lack thereof, and its effect on price was most helpful. GLTY
Hello Bogs. I haven't posted for awhile but have been keeping up with this board when not overwhelmed with the "chicken littles." Also, registered with your other board and happy for your steady hand on things.
So pleased, and relieved, that MWWC has started heading in the direction most of us have been waiting for. I am long and strong about MWWC.
Somewhat new at this, so could you please comment on my thoughts that perhaps MWWC management, upon seeing the explosion of 63 million shares traded in one day despite the lack of any spectacular new developments, increased the A/S in anticipation of the buying explosion that might be anticipated when the reality of accelerated company growth is announced in the near future.
In short, does a huge increase in demand for stock call for an increase in available supply?
Your opinion would be much appreciated. Thank you.
Wow! That is quite a serious charge. Are you saying that the company is filing false and misleading official documents with the SEC? Perhaps you should report them to the government.
Meanwhile, since you are sharing it with everyone here publicly, you must have quite a bit of evidence to substantiate your allegation. How about sharing that with us too!
I agree that IBOX is not providing us with the latest released information. Do you suppose they are involved in a conspiracy with MWWC to mislead us? Or maybe the SEC is part of the scam too!
What to do?
So many questions . . . so little time.
I hope that by the time you figure it out, we all become wealthy MWWC shareholders.
Good luck with your investigation. Here's a clue--find the missing TA.
The number of 213,158,364 shares issued and outstanding as of Feb 29 2012, was the amount reported by MWWC. If you dispute that, please show us your data.
The 173 million figure you quote was accurate for Feb 15, 2012, but MWWC issued additional shares raising the total to the 213 million amount as of Feb 29, 2012, and they reported that in their SEC filings.
The web site you referenced simply had not been updated after their posting of 173 million shares on Feb 15, 2012.
Any additional information would be helpful, but you have not presented anything new up to this point.
Thank you for the additional data defining a TA.
Hope this answers your questions.