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no trades so far? no bid x 2 ask?
let's go WEHI! tic by tic.
jordan, you got that right. lower volume is moving the stock. hopefully company buying back.
we have a bid, 1 x 2. even my quote system sees it!
news is the key, especially on the stock buyback. may take a while for raising funds and applying to the buyback, but every tic is 100% from 0.0001. can't ask for more than that.
hey jordan, good to see 2s. the 1s are gone, say hi to 2s. awaiting for next PR re acquisitions and buyback, and potentially money raised.
u da man jordan. looking for some more action and maybe some more buys. got 5m more this morning.
we have a bid!
Lion Taki, how many MM on the bid @ 1?
filled 5m at 1.
got 9m @1. now waiting for 5m more at 1. thought i may show as a bid and lead the way. hahaha
i'm in for another 5m at 1 with 2 on ask. see when they fill me.
i'm looking forward to this one when it starts ticking upwards on the bid. good night all. go WEHI!
bids up. eod run? this is my last post available as a free member today (#15). will read your msgs for rest of day.
mdmn looks good today. hope news is on the way. big spread.
agreed and thanks.
i believe the stock will close green today. there were big bids at 12 that provided big support. it'll come back.
i'm still holding all of mine.
fireman, it was.
some of the traders got out at 13/14. now back to 9.
how we looking l2? 566m, is nite still on ask @1 ?
thanks for the update Dave. looking forward to more contracts and rev for this company.
Wang, thanks for L2.
super support at 12!
go go go!
11 x 13 now. looking good.
bought 900K @ 0.001
we should be getting another PR re the Stem acquisition soon?
did we hit 2s? i see bid back at 1.
actually, what you guys are saying makes me feel better. i had a thought that the number i called was bogus. better yet, i'm not the first one to be feeling like crap after calling! haha
I called the company today, and to my surprise, the receptionist treated me like crap. Below is transcript of what I recall, and in brackets is what went through my head). I don't buy that this company has good investor relations despite the Q&A being updated. I'm not trying to bash the company, but this has not been a pleasant experience.
receptionist answers call: "corporate office" (corproate office? does mdmn have other offices? isn't it "Medinah Minerals"?)
me: hello. may I speak to Les Prince please.
receptionist: you've got the wrong number.
me: oh, isn't this...
receptionist: it's Les Price (ok, sue me for getting his last name wrong)
me: oh, sorry.
receptionist: he's busy. who is this and what's it regarding
me: it's (my name), investors relations
receptionist: ok, go to the website and fill out the form under investors relations
me: i'm a shareholder of the company, you want me to fill out a form?
receptionist: you said you wanted investor relations. so are you a person interested in investing or you own shares in the company (is she stupid or what! whether you are a shareholder or potential investor, it's still called investor relations!)
me: I'm a shareholder, and i think i have the right to find out about what's happening with the company, right?
receptionist: yes, you can do that with the form
me: I can't do that verbally? i have to do that via a form?
receptionist: well, you can't get him, he's too busy on the phone.
me: ok, thank you.
receptionist hangs up without saying goodbye.
darn, was too cheap this morning. put a bid in at 5. should've paid that extra tic at 6.
interesting on the varying quotes. i still show no bid x 1 on 22m shares
i still see no bid x 1
need some news to get this moving.
high warrant price. either they think we will get there, or they are out to lunch on this one.
need couple more PRs on the buyback status. that'll get us moving. anyone know if company has been buying back on top of their already said 600m?
hi massimo,
my friend mentioned this stock to me and he also says something will happen soon.
good move today. i should call the company. they are local here in north vancouver.
correct. the company valuing shares at 0.01. given it's a convertible with a higher convertible price, the value is still 100x than current share price.
did a MM leave the ask just now?
i don't have shares, but i'm tempted to get some
outstanding shares:
if 1.65b = 23.5%, then they have 6.8b OS?
they've increased it since feb 08: Outstanding Shares
6,316,972,049 as of Feb 20, 2008
what does this PR mean? the company reduced 1.6b common shares from OS, or reduction of 23.5%. For every 100 shares, shareholders receive $1 worth of convertible preferred stock. 100 shares x 0.0002 < $1. sounds like a good deal for shareholders getting into the deal and for shareholders holding the common shares. thoughts?
MetaPower International, Inc. Converts 1.6 Billion Common Shares From Shareholders and Directors in Preferred Exchange
Thursday July 31, 8:31 am ET
LAS VEGAS, July 31, 2008 (PRIME NEWSWIRE) -- MetaPower International, Inc. (Other OTC:MTPW.PK - News) is pleased to announce the results of its Preferred Stock Exchange program, which was extended to June 13, 2008. As a result of the program, MetaPower's shareholders, including MetaPower's Board of Directors, who all took part in the Company's preferred share exchange, have submitted 1,605,097,000 common shares, representing 23.5% of the Company's total outstanding shares, for conversion into MetaPower's Series A Preferred Stock.
Due to the reduction in the number of outstanding shares of common stock, the Company is trading with a current EPS of .0001 per share. Under the terms of the Preferred Stock Exchange, MetaPower offered to exchange shares of common stock for convertible preferred stock to be valued at $1.00 a share. That meant for every 100 shares of common stock offered back to the Company, shareholders would receive one share of convertible preferred stock valued at $1.00 for future conversion purposes.
``We received an overwhelming response to the preferred share program and consider it a resounding success. The Company looks forward to a very strong second half of the year as we are on track with our financial forecast, and set to market our Safety Management Product to the Hazardous Process Industry,'' stated Ken Allen, CEO of MetaPower International, Inc.
About MetaPower International, Inc.:
MetaPower International, Inc. is a technology firm founded in 1996 that provides information technology and change management services to hazardous process industries. This link between technology and services is critical to enable the changes necessary to successfully compete in the current environment. In today's competitive world, business operations must be streamlined if new levels of performance and operational excellence are to be achieved.
Safe Harbor Act: This release includes forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 that involve risks and uncertainties including, but not limited to, the impact of competitive products, the ability to meet customer demand, the ability to manage growth, acquisitions of technology, equipment, or human resources, the effect of economic business conditions, and the ability to attract and retain skilled personnel. The Company is not obligated to revise or update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this release.
Contact:
MetaPower International, Inc.
www.MetaPower.com
Big Apple Consulting USA
Investor Relations
Dale Scott
1-866-THE-APPL(E)
Source: MetaPower International, Inc.