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You mean when you advertise a LOI on buying a one year old gaming company from your current CTO for 22 million people run for the hills!?
HAHAHA, Kurt you are getting every bit of what you deserve. I feel bad for the longs that still believe in this trash. At least they're not still on this board arguing for the company while the CEO spend their money.
Good luck to everyone in your future trades.
Looks like Kurt is getting everything he deserves. Hopefully this delists to grey sheets soon. BTW, where are all of the "first quarter of 2018" updates you guys were spouting off about in November/December?
My sale at .05 is looking prophetic at this point. You guys need to realize when the game is over. The fat lady has been singing for quite some time now.
I would never hate any investor over this stock. Just disgusted at what the CEO has done here and continues to do.
CEO buying CTOs year old company for 21 million.... just wow
No, my work is not done here.
I got scammed by this scumbag CEO and my only way of retaliation is to make sure noone else invests in his fraud schemes. I've already lost my money (sold @ .05 post r/s because it was obvious what was coming) but I want to do everything I can to prevent others from losing out by investing here.
Take for example, the fact that the CEO of MMEG is buying the CTO of the company MMEG's "gaming company" that has only existed for barely a calendar year for 21 MILLION dollars. That is an absolute fraud, I want to make sure people are aware. It's disgusting what has been done here and the only way I can make sure Kurt gets his moneys' worth out of me is to inform the uninformed.
How do you feel about the CEO buying the CTO's year old company for 21 million dollars?
That's some "Meaty" news right there, I hope everyone got what they were looking for with that. This could of been posted in a blog post on their website. It's hilarious how they try to sell shares with "News coming tomorrow!" and then release this. It's why their stock drops 40% every time they release news.
They had a great opportunity to announce their current CTO is selling his NEW, ONE year old, twenty MILLION dollar company to them. After all, he's just right down the hall right? Tell them about your fraud scheme Kurt - you know, these things happen all the time right, you hire someone then buy their company for millions. At that point, the CTO would be worth more $$ than the CEO - why would he come work for you bozos?
If he can create 20 million dollar companies in less than a calendar year why would he ever associate with this scum???
Jig is up finkle, einhorn is out of the closet and the laces were actually out.
hahahahaha, /breathes in.... hahahahahahaha
This is just hilarious, Kurt is by far the worst. No wonder his stock has been in a death spiral since last August. Almost a calendar year of RED. Reflects the CEOs abilities to run a successful company.
He came on board with the company as the CTO. He obviously wasn't working for MMEG if he was running a multi million dollar company of his own that he created in what, 13 months?
So basically what you are saying, is ACTING CTO of the company MMEG is selling MMEG his 2nd gaming company for 21 MILLION dollars!? HAHAHAHA
That makes Kurt look like an absolute BAFOON
I don't care what he did 20 years ago, I'm calling it exactly what it is.
Who sells their company to someone, goes to work for them and then develops another entire "successful" gaming company at home then turns around and sells it to their employer for 20+ million. That is FRAUD.
He sure wasn't a "missionary" for share holders here.
Just to even further my point, don't you think you would have your CTO sign a non compete agreement after you just bought his company for half a million dollars (Chimera games). He sold chimera middle of last year and has since developed a strong competitor (yeah right) for it. Now he is turning around and selling the competition (Ignis) back to his current employer!?!?!
WOOOOW, what kind of idiot is running this company? Oh yeah, we've already been exposed to his idiocy. Except this isn't ignorance, this is FRAUD. Out in the plain open, FRAUD. Someone should notify the SEC of this.
Ahh ok, so they're just buying their current CTO (Chief Technical Officers)'s company for a bloated price? Is that even LEGAL!? Seriously!? That has FRAUD written all over it...
We also want to introduce you to our recent appointment of Nathan Levine as Chief Technical Officer. Nathan’s efforts have resulted in the stellar financial results for our Chimera game assets provided above.
Source: https://globenewswire.com/news-release/2018/03/26/1452696/0/en/Momentous-Entertainment-Group-Provides-Update.html
Oh Nathan Levine owns Ignis? Is that public record? If so, that explains a lot. A friend selling a friend a company for 21 million dollars to his company that has no money and the only means of getting money is via shareholders.... ahhhh ok, hmm yeah there IS something there. That something looks more like a SCAM than an actual business deal, because see Kurt isn't spending money out of his pocket that he put man hours into earning himself, he's spending SHAREHOLDERS money.
That kind of sounds like fraud... Friend selling Friend a garbage company for a bloated price to be bought with someone elses money.... Wow Fox I think you just informed us of what's really going on with Ignis. Sounds familiar as well, didn't levine broker the Poolworks deal with his company and get reimbursed with MMEG shares? And what happened to MMEG after that??? Oh yeah, they screwed the shareholders while levine and his buddy cashed out their MMEG stocks for millions.
This Ignis deal sounds a lot like a rinse and repeat of Poolworx, investors better be wary and someone might need to call the SEC to investigate the fraud going on here.
Finkle is Einhorn, Einhorn is finkle.... Yeah some of use are aware *wink*
Laces were in
That's awful, was good debating back and forth with you. You had their back and they let you down. It's a shame honestly. Kurt should feel terrible for what has happened here.
You said it though man, have to learn from this. I lost quite a bit myself and real life is the best teacher. We now know what to expect from these OTC CEOs because honestly, their all the same. You play the pump and get out quick if your "wrong" in the trade. Trades become investments and you hope for the best. I was hoping there would be one last small run before the RS but nope, it sat at no bid for months. I was like you and didn't want to get out and then watch a small run where some could be salvaged but then the worse possible thing happened.
Good luck with your futures trades.
Poolworks relaunch was supposed to be first quarter 2018. Guess that was a big washout or lie one because we haven't seen anything mentioned at all from the company about the relaunch. Maybe they confused poolworks with their own website relaunch? Wouldn't be surprised with the CEO facing dementia. Notice in their latest fluff article, they clearly state their primary focus is only on two sectors. Neither of which is social media... hmm...
These guys can't tell if their heading east or west, they're all over the place because noone wants their garbage stocks. For good reason considering in a few months the shares will be worth 50% less because we KNOW dilution is coming. Those toxic notes aren't going to pay for themselves and MMEG has 850 million shares banked for printing some more money.
Yeah this company is a joke. Looks like people around here are finally catching on. File for bankruptcy Kurt, your a complete failure and you let everyone down that trusted you with their money. The jig is up.
You are ASSUMING the float is still low. I would take a second thought at playing this supposed "low float" considering they have an 800,000,000 A/S they can "create" shares with at any time. The TA being gagged kinda says "we aren't selling old shares, just these new ones from the A/S". So what you think is the float is actually shares being introduced at a steady rate by the company as they dilute (print money).
I will back up what I say with FACTS, so there is no confusion.
Here are MMEGs stats with NVSOS: https://nvsos.gov/sosentitysearch/corpActions.aspx?lx8nvq=Hl5NakkHa2WAYIQE7gyj2A%253d%253d&CorpName=MOMENTOUS+ENTERTAINMENT+GROUP+INC
If you don't feel like researching, I'll paste what's important: New Stock Value: Par Value Shares: 850,000,000
A float is not a float with seemingly unending shares to add to the pile.
yeah, I'm sure he's keeping a watchful eye on his investors. *wink wink*
Down 25%, seems the market didn't react very well to the news. Why do people invest in companies again? Oh yeah, to make money - well this company likes to literally TAKE 90+% of your money so it doesn't surprise me that people still don't want these shares.
The market/trading community is well aware how much of a dolt the CEO of MMEG is. The fact that he's taking bitcoin (Nobody is going to give them bitcoins anyway) doesn't change a thing. He's looking to sell shares (dilution) and steal more money.
I still stand by what I said previously, if your praising this company you are getting paid by this company. I don't think anyone with anything between the ears could like what's happened here if they've had any skin in the game.
Good luck with your bankruptcy Kurt, this is what happens when you destroy investor relations. No rinse and repeat here, resign as CEO and shut this money printing machine down. Your kool-aid is sour bruh.
D fell off after a shattering 2500:1 R/S to shareholders. Nothing to see here but failure.
I'm making sure Kurt gets his moneys worth out of me. I won't be going anywhere for awhile. I think it is important to educate any future investors on the dealings of this company. I wouldn't want anyone else to give $1,000 and get $10 in return.
Based on the shenanigans the company is resorting to, they're running out of options and bankruptcy could be near. Can't wait for the filings! I will be posting my full report.
YOU ARE!? OMG WOW, WHY AREN"T YOU SELLING THEN???!?! OMG you could RETIRE ON THAT TYPE OF PERCENTAGE INCREASE - WHAT ARE YOU WAITING ON!?
Oh you cant sell at that price...... .....oh... well that sucks....
It's only up a large percentage because the D got dropped from the ticker from the R/S. Look at the volume. Someone sold $60 worth of shares way above the ask to attempt to trick people into thinking it's running. Last ditch effort to generate interest in a thieving company.
Yeah, sure you have "baby". You love this company after they took 98% of your cash, of course you do "baby". Who doesn't love people who steal from others, shows great character right baby? Give me $1,000 and I'll hand you $10 back in real life and I bet you'd be fine right baby? You might even thank me! You might even go tell others how great I am for taking your $990, I mean who wouldn't baby!
Bid: .022 Ask: .2988
This company is willing to do anything to try to sell shares, it's hilarious. They have now resorted to selling 60$ worth of shares 9900% above the ask to try to bait people to buy their garbage. How much more pathetic do you have to be?
I love it, this just means they're on the brink of bankruptcy.
I'm sure their accountant left for "family reasons", he probably took one look at what they're doing and got out of dodge. It doesn't take a very high IQ to realize this company is a fraud and he probably didn't want his name tied to it.
Now they (well, I should say shareholders) are probably paying some LLC company a lot of money to cook the books for them. Cookings almost done Kurt. Time to face reality bitch.
I can't imagine you have much left. I can remember you talking about averaging down and "buying cheapies" back when it was at .0007. You've got to be down close to 95-98% at this point.
There's no way you could remain positive if you actually had skin in the game.
A company that tried for 3 months to get financing unsuccessfully and has $648 in cash on hand is going to buy a 21 million dollar company. That is just hilarious, I doubt even Ignis is taking them seriously.
A LOI is just that, interest. I'm interested in buying snap chat an guess what, I'm financially closers than MMEG.
I wouldn't hold my breath. They only listed $103,714 as revenue on their last filings with $852,507 in operating expenses. Not much has changed since those last numbers, we know the blackfox deal fell through so no difference in revenue.
With some quick math, operating expenses, minus revenue, plus their whopping $648 should put them in the hole $749,441. A big ol' (749,441). With those financials, I can't see why you would put more of your money in right now? This is almost guranteed to be in the double 00s or trip 000s by next quarter.
Current Assets: Cash $648 (Per their last filing)
According to their last filing, they had $648 to their name. What is there exactly for investors to get excited about? I have more than that in my dogs retirement fund.
Please explain to me how a company with $648 to their name buys a gaming company for 21 MILLION dollars. TWENTY ONE MILLION dollars... and they have $648...
Exactly, there is no explanation. The SHAREHOLDERS will be footing that bill if shares continue to be bought. Here's the thing though, NOONE is buying shares. NOONE believes in this junk anymore, and how could anyone blame them.
Noone is manipulating this, the horrible CEO is doing just fine at that. Noone is investing here either because the shady dog has done come an unloaded his dump on the brand new rug. Noone want's this crap and for good reason. We already know the game that is being played here and investors are more in the strike out category than the homerun category.
Bobby Dales last name might as well be carhart at this point.
Bankruptcy may be Kurts only choice if he can't get toxic notes to convert to shareholders. I'm honestly salivating at the mouth thinking about it. I just can't allow myself to want anything positive for this man or his company after what he has done to shareholders here.
Taking a quick look at the volume shows that a lot of people feel this way. The trading community is in fact pretty small so word travels fast. This thing is done, will be in the 000's soon and I feel bad for anyone else that didn't dump immediately after the R/S because .05 for your shares was a bargain considering what was coming.
After people realize this, they will start dumping on the bid and the tanking will speed up dramatically.
Just to clarify, if you had invested $1,000 last August @ .0008 that $1,000 would be $10.40 if you held until today.
Why would anyone give this company money?
Investors were crushed... .0008 -> .0001 = 87% loss. Then the 2500:1 R/S went from .25 -> .02 = 92% loss. How in the world could ANYONE possibly see this as an avenue to make money? The OTC is a big world with a lot of big possibilities. I cant see how shareholders could of been treated any worse.
How could anyone be "long", they literally have pennies left.
It would definitely take a special kind of stupid to make an investment here. This company now has a proven track record that clearly shows investor relations are at the bottom of the list. They're looking to take money and that's about it.
Still waiting to see how vert/origo fit into all this? Where is the filing and page number? Oh that's right, your full of it and know very well they have absolutely nothing to do with MMEG anymore after the trainwreck of a purchase they guided Kurt through. They scammed some idiot german CEO that didn't have a clue and then instead of ponying up for HIS mistake he drained share value to nothing.
Don't come on here and act like you know something noone else does and that there is some sort of "silent investor" or "aura" surrounding this ticker. It's exactly what the filings say it is, a horrible company ran by a senile old man that has no clue what he's doing.
Please enlighten us all and show us the filing with this information. You can copy paste it here or give us the filing date and page number.
By all means, share this incredible DD with us all that you speak of.
Can't wait to look at their financials. I will be posting an analysis of the toxic loans they are actively holding and any new ones that show up. Free of charge for current or future investors as a public service to the community.
Kurt, it will be for you too "baby" *wink*
Wow, they didn't waste anytime turning on the dilution pipe. Even though 50,000 shares is only $1,500 they just couldn't wait to start diluting. Didn't they just release news yesterday? Business as usual.
I can remember "longs" claiming these Form T trades were market makers "naked shorting". Looking back on it, I can see now how ridiculous that theory was. So who wound up getting burned here? Did the market makers get burned or did shareholders? I don't think we have to look any further than the 2500:1 R/S to see through fog.
This company is nothing but a bunch of clowns that continue getting away with stealing peoples money. I hope the volume stays at 0 and these guys go bankrupt. Lawsuit would be even better.
Personally, I'm enjoying watching from the sidelines without a dime invested. Kurt took my money so I'm trying to get my moneys worth by watching this thing crash and burn. I hope for nothing but the worst for him and his company after what he has done to shareholders here.
I will continue to warn future investors to make sure that Kurt gets his money's worth out of me. You may have taken my money Kurt (I know you read this board) but I promise you will never see another piece of copper from me. I hope other potential investors do some DD and see how you have scammed your way into the pockets of others. you should be ashamed of yourself.