D, IMMG is getting ready to pop imo!
Check out this post I found on another board on that MDVX we discussed. Sounds encouraging.
Join Date: Jun 2005
Location:
Posts: 310 I have added a sizeable amount of shares in MDVX. I would take advantage of any stock for sale below .50 cents.
We're still early in this company's progress but I think with time, any shares bought here will be found to have been purchased at an attractive price.
It will take some time and I view this as an investment. I believe you are risking about 10-15 cents to make upwards of a couple of dollars. In other words, approximate risk to reward is around 15-20 to 1. I'll take that bet every day of the week.
We will see the consolidated results of the merger of Kino and Modavox going forward. Modavox should now be profitable with strong cashflow and a solid cash position. I look for some new additions to management or maybe the BOD's going forward as new management surrounds themselves with quality talent.
Some of you may also want to go and check out www.avnet.tv
This entire bit of business is run for Avnet by Modavox. Avnet is about a 3 billion dollar company. This alone is pretty impressive. Ironically, this was just launched last week.
With ample time for management to execute and communicate their progress to the market, MDVX shares should trade much higher. For the year, 7-10 million in revs seems feasible. Margins are about 75%!. They should at least generate .10-.20 in eps. At an ultra-conservative PE of just 20, this would imply a $2-$4 stock price as realistic.