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Sooah

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Sooah

Re: coupleofsnipes post# 29047

Tuesday, 05/27/2014 1:52:43 PM

Tuesday, May 27, 2014 1:52:43 PM

Post# of 54103
MDNT has book value of ~2.6c and that cannot be ignored. I adjusted the assets for about 13MM but even after doing so still leave a positive BV which is unheard of in this space. And that MDNT owns the Yellow assets and approaching its imminent release with guaranteed revenues of $42MM (this is the only thing I believe out of LC's mouth), it makes sense to buy in at these levels and go LONG.

Could the share price go lower? Sure. Could it retest 002/0021s again? Sure. The point is not where the bottom is here but that MDNT is CHEAP, all things considered.

In God We Trust. All Others Must Pay Cash.

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