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10,000 nickels traded on Friday or a whopping $500.00. Come on pumpers, are there that many naive people out there????? Will we get an announcement when this is removed from trading?
Apparently some of you do not know how to read the filing. This goose is cooked. Done. Over. Thank Mr. Montgomery for his stellar work.
1 Creditors $ 3,639,851.79
2 Senior Litigation $ 1,602,000.00
3 Lenders $ 4,614,139.15
4 Series E $ 2,530,000.00
5 Series F $ 9,489,162.50
6 Series G $ 438,523.56
Total Claims $ 22,313,677.00
Settlement Amount $ 22,313,677.00
Marcus check out how the 22M is being distributed. Common share holders get nada...nothing. Its creditors, preferred share holders and of course, Harold Montgomery. This is going to zero in a hurry. We might see one other pump and dump. I lost about $17k in this mess. It is all right there in the filing.
Get out now. This is headed for zero land. Read the filing. Thanks Namah for sharing the settlement breakdown.
MOMT is finished. Way to go Harold. Glad you got $747k. Us common shareholders got the shaft. Sold all at $0.095.
So where does this go from here? Tax loss selling season is getting close. With all the silence one would think that this ticker is a dead duck. Or, is there someone waiting in the dark to snatch all the tax loss selling shares for some good news? Has anybody any kind of news to share with the rest of the board? Anything will be appreciated.
Haven't heard a peep out of Harold. Outlook for this ticker is bleek. Harold, if you are reading this, I think you owe it to the stockholders to provide an update. Do the right thing and issue a statement.
This goose is cooked!
I do not believe that there is a plan to bring this back. Now he is asking common shareholders for help. The rug was pulled out from beneath us while somebody was asleep behind the wheel. Disgraceful.
I do give Harold credit. He does still return phone calls. I still believe he should be periodically addressing the shareholders. Silence speaks volumes. Do you think for one minute that the share price would be at $0.16 if MOMT was keeping us updated? Even feeding us a line of BS is better than this big nothing burger.
Is this the end? Did they run off with our money? Or is it a giant head fake to get your shares? Who knows. Guess the recent prices ar from tax selling.
Maybe Harold decided it was easier to join them then to beat them. Not even a little information from him. I would imagine that the hostile takeover isn't good for the companies image. Very disappointing.
I did reach out to Harold on Friday via Twitter. No response. Starting to get the feeling I am out $20K with this one.
Someone is trying to be crafty. A rights offering begins today. Coincidence the stock is up almost 28% on extremely low volume? And on May 9th the stock spiked for the day, too. Coincidence, I think not. The days in between the May 9 spike and todays spike the stock traded at roughly $6.25 per share. I am no genius, but this rights offering is not a gift. It is a way to further dilute the dilluted. I sit with 2K shares of this at an average of $10.27 per share. Pissed, yes. I do not believe they will get there anytime soon. Somebody please change my mind.
Does anybody have any insight on this company? It isn't really looking good for the home team here. Any information you have to share would be great.
Correct me if I am wrong but isn't MOMT turning their focus toward ATM's? If India is working toward a cashless society, where is the logic?
Some nice large buys today. What is everybody's future predictions on share price?
What a complete crock. Holding the little I have left. Hopefully it f**ks with their accounting.
After reverse split, my average is now 7.25 per share. I hope that their earnings looks fantastic. Otherwise, this is a bust. Nice to see the CEO is putting up some cash. Shows that he believes!
Finally, even downward movement is better than no movement at all.
This stock has been ridden harder than a pony at a kid's party. 9k shares at $1.64, out at 1.84 if that ever happens.
This article explains what we are seeing with drys today : http://abcnews.go.com/International/wireStory/pirates-hijack-freighter-off-somalias-coast-officials-46111360
I have visited Turdsville with this stock once before. Hope we are not heading that way. I may have to buy some more from ole George.
Permission to board, Captain.
RJETQ has been a great revenue source for a while, I think the well is drying up until corporate explains the future. It has been a great ride while it lasted.