Of all the posters on iHUB you seem to be the ONLY one to have built a strong relationship with the IR firm with a proven track record of screwing their stocks, suing investors over rants that weigh more truth than whatever the PR they ever put out. All MMG ever did was hang the blame on posters, their clients, naked shorts, everyone but themselves yet they're the only one who walked away with money in their pockets leaving shareholders hang out to dry. Seen it MANY times. I wish they came out with real news, real substance, real plan to help the stock heal back up. Let's recap a few quick points MMG never delivered on:
- share buyback
- cash divvy distribution (affected no one but prefer'd shareholders i.e MMG)
- LOI's that never materialized
- forward looking statements they never followed up on
- list goes on and on...
but what the IR company really did was conduct pump and dump campaigns, get their hands full into the stocks they had a control over and sell their portion of shares until they drained the last drop of juice and then start over. I've seen it MANY times. Again, of all the stocks I've been monitoring / trading for years, MMG ones tend to be most abominable and this is probably due to the fact they did it EXACTLY as I described. Of course nobody can ever come out with a proof their theory is right and that's the problem. MMG is pinning their hopes to toss their negative spin on the "drama", turn around and threaten posters/investors with purported defamation lawsuits instead of doing a good job to the delight of the shareholders.
FACT: MMG was never able to collect on any of the proceeds of their defamation lawsuit! It's the same investors that are paying for MMG's decisions, wow!!
How did that ever help HIRU step up? In the end of the day, it's the history that tells it all, I can go on and bring up more info I got back from the IR back in a day like that would help the stock gain traction in the market. It's just I don't feel like the IR and their people being passed around like they ever did a thing for any of the stocks they put their claws on. Challenge me and I can bring up more verifiable facts to your attention. I pick who I start a fight with too.