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It does seem that .02 has become the line the the sand which has created volume on the ask whenever it is sold into and below.
thats nice of you to look out for the "little guys", like TD Ameritrade.
I wonder if things are getting close or its still one shareholder loading a very large position.....
well the good news is they will probably want to leave south Florida after about a week. So maybe we will hear from them sooner than we think.
SHHH!!! dont speak so loudly you might spook management into another 18 month vacation.
As far as the paperwork and filings are concerned I agree with you. Operationally and the language on MVNTs website points to being completed.
https://mvmnt.in/solutions/
IoT & Automation
Our in house development team spans multiple portions of the Technology field from custom designed software platforms, to hardware platforms and the integration of Internet of Things (IoT).
Remote Monitoring
Cloud Solutions
Chemical Injection
Artificial Lift
https://mvmnt.in/industries/
Technology
The next frontier of technology is building an end-to-end data acquisition system fully integrated with an analytics engine on a secure flexible and elastic architecture to harvest, ingest and mine the data for smart decision making based on data.
Software
The Software sector is crucial as the driving component behind all hardware and communications.
Hardware
The Hardware sector comprises technology hardware, storage & peripherals, electronic equipment & instruments, and electronic components sub-industries.
IoT
The IoT sector is enabled by technologies such as WiFi, 5G telecommunications infrastructure, and fiber optics.
I think the since Sami's name is on the movement website under leadership then there isnt really a need for further proof that sami is an integral part of the public entity and its just a matter of time before sami's private entities are wrapped up into the public one. Operationally i'm sure its already done just need to do it with filings.
https://mvmnt.in/about/
That is pretty interesting because if you use google maps measurement tools and add up the square foot of TNN's two properties I only get 83,280 Square feet. And that is if you count 100% of the footage as "work shop" Space.
the square footage of the buildings on Hi-alloy property add up to: 36,286 or 51,803 if you include that long narrow loading area shared by tnn and hi-alloy.
This company is also connected in some way.
Houston Foundry & Machine
1332 McCarty St, Houston, TX 77029
http://www.houfm.com/about
https://opencorporates.com/companies/us_tx/0802909126
I noticed on Linkedin that Chau Tran
https://www.linkedin.com/in/chau-tran-5a4237a3/
They used to work for TNN but 9 months ago now also works for Houston Foundry and Machine. If you read her posts she explains that she didnt leave TNN but just moved "departments"
https://www.linkedin.com/posts/chau-tran-5a4237a3_ugcPost-6772176465174822912-Dwvu
Then if you follow
TRANG PHUONG TRAN as an officer of Houston Foundry and machine
https://opencorporates.com/officers/385380520
you will see that a company called HTQ Machining LLC has Tran as a director and is located at:
6834 FLINTLOCK RD
HOUSTON, TX 77040
TNN's Address
I tried to make contact with him on twitter but didn't get a response. Its possible the volume we see is from what ever target reverse merger getting closer and people familiar with the deal buying some cheaper shares. Or could just be retail noticing the same things we did.
Lazar did the custodianship and cleaned up the shell, brought it up to SEC reporting current.
Then Ross Di'maggio purchased the shell from lazar for $245k in cash.
https://www.otcmarkets.com/filing/html?id=14563104&guid=UgypUeSHJMVYG3h
Also as part of the purchase Dimaggio got 18m shares of common stock(62% of the outstanding) this is good news because whatever he does to the common shareholders he does to himself.
if you look at his linkedin profile it appears he follows/helped some companies that went from OTC to big boards..
https://www.linkedin.com/in/ross-dimaggio-0b4b9219/
all of these factors are why i purchased a large chunk of shares a couple months ago and am now just waiting for something to happen.
could be someone easing out of a position 100k at a time. not necessarily flipping.
Yes as of Friday I saw him there.
I noticed that lihn follows one of the two original mexican companies announced as acquisition targets. He recently liked a post of theirs on LinkedIn . The one he follows is the company that provides heavy equipment for field services. I can see that as a natural fit for service South American utility companies.
he also has a large amount of series B preferred:
7/23/2019 New 300,000 Series
B
Pref.
$0.001 No Luis Beita
Share
Exchange
Restricted
Exempt
I agree. I looked at the website to see if they had also changed it on there. Was curious how urgent they were to remove luis from all connections to the company but couldnt find where he had been listed.
I was also curious about that. So i used:
https://web.archive.org/web/20201115000000*/https://mvmnt.in/about/
to see if he was listed in that about section previously and the oldest history they have for mvmnt.in/about was from august 10, 2020 and luis wasnt listed there then either.
where do you remember him being listed on the website so i can dig a little further.
ok thanks. It must be a TD issue. top bid for me is CSTI at .02 for 225k shares.
Is MM CDEL Gone? I don't see it on MVNT or some other stocks on my watchlist. maybe its a TD issue.
I'm not sure that is accurate. I have received emails from the company as have other people. I know of other people who have recently spoken to higher level folks in the company.
do you think that was a signal for how much they still need to cover? interesting volume so far today. 1 hour 921K all above opening price.
Maybe Ross Dimaggio is close to executing on whatever plan he has for this shell. He is very active on linkedin with other OTC COs that are all trading above $50 million market caps. I'm not sure if his Company was involved with their going public but that is the impression I get.
Its easy to be bitter considering how long most of us have been holding and how many "soons" we have heard. Personally, I hope his timing is impeccable and we get something this month. Hope springs eternal.
i dont think he is arguing that the company shouldnt keep shareholders update more that the CEO hopefully isnt the one to do it. If the CEO has time to update individual shareholders then he has to much time on his hands.
yea and not to get to in the weeds you can also see where if you go into the TNN lot from w little york road pass the dirt parking lot on the right you can drive under that thin brown roof building into the Hi-alloy lot. There are tire tracks that show movement from one lot to the next.
Ive centered the screen on the area im talking about.
https://www.bing.com/maps?osid=120382e6-ca1b-4fa5-9ffd-dddeaa593ffa&cp=29.86644~-95.521977&lvl=22&style=g&imgid=fd301344-92e3-4548-b949-5106fccfde2a&v=2&sV=2&form=S00027
you have to rotate the camera to see the tire tracks on the hi-alloy side.
And you can go further if you consider the tnn office that says to unload at Hi-alloy part of the team then there is another 20 vehicles in the dirt parking lot and under the over hang as you can see with this angle.
https://www.bing.com/maps?osid=db78daed-426f-47fc-93f8-518226a87d39&cp=29.865966~-95.521867&lvl=22&dir=270&style=g&imgid=d4eceb21-2053-429a-8ecd-b79fda7be746&v=2&sV=2&form=S00027
Thanks for the info. And if you look at google maps you will see that the arial photo you can see that there are another 12-16 vehicles parked back behind the second gate leading to the yard. So you most likely only saw 50% or so of the staff vehicles.
The connection between TNN is interesting. Either they are very cozy competitors(share the same facility) or are owned by the same Co.
look at the street view you just posted. follow the blue gate to where to opens to the property. Notice the two signs that say "Shipping and Receiving 6829 Flintlock Road"
Does that address ring any bells?
http://www.buzzfile.com/business/Predominant-Pumps.And.Automation-Solutions-LLC-713-775-3033
Revenue:$ 1,895,028
Employees Here:2
Employees Total:17
here is the link for TNN
http://www.buzzfile.com/business/Tnn-Manufacturing-Company-Inc-713-849-0062
Revenue:$ 12,934,260
Employees Here:55
Facility Size:10,000 sqft
http://www.buzzfile.com/business/Tnn-Machining-Company,-L.L.C.-713-849-0062
Revenue:$ 4,060,730
Employees Here:25
Combined : $17m in revs and 80 employees
We may not know what the company is up to but we know it’s not dilution. So I guess that’s a positive.
looks like it got updated
https://www.otcmarkets.com/stock/MVNT/security
Share Structure
Market Cap Market Cap
6,959,587
03/02/2021
Authorized Shares
600,000,000
02/28/2021
Outstanding Shares
316,344,882
02/28/2021
Restricted
59,777,272
02/28/2021
Unrestricted
256,567,610
02/28/2021
Held at DTC
186,944,159
02/28/2021
Large blocks on the ask below $1 are going to get hard to come by.
$1 is on the ask!
this is the truth. and then when you make the effort to reach out to the company and do actual DD they claim you work for the company or are a pumper....
http://velocitymfgcorp.com/contact/
Phone and fax
P 713.849.1300
if there has been then it didnt hit the float. I see no signs of dilution on L2 and its very obvious in most cases.
It does feel ready to pop over $1
nice buying pressure over the last trading days.
Anyone know whats going on here.
Is Ross DiMaggio going to sell the shell or is he going to R/M something into it?