Mike Lindell Media Corp (MLMC)

[IL Padrino]

2004 they lost $9M with an income of $200K and in 2005 they lost over $4.2M with an income of $600K. They have $5M in cash, but are piling up debt.
Guess who is going to pay for this? The shareholders with dilution.
People are calling for a run on news? I don't think so. All the big news is out and the only thing that will make this stock run is profits.
They appear to be doing better as they continue to gain subscribers.
They went from losing 40x their debt to income ratio to losing about 7x their income.
Although those are horrible numbers, the gain is what's important.
If they can keep this momentum going, they will at least break even this year.
The key for us is for them to not dilute the stock to crap in the meantime.
This year will be crucial for stockholders. I hope for the best.

GLTA