MNGA - I always struggle reading those legal documents...LOL. Honestly, I didn't even see there was an 8K filed. I had seen on Yahoo there was an 8-K/A, but when I opened the link there didn't seem to be a whole lot of info, but the info there just made me assume that it had to do with the purchase of their new facility.
Anyway, I've now read the 8K, and maybe I'm wrong but am I understanding that MNGA basically bought out ESSI? If I'm reading this right, this is great news to me and the rest of us MNGA longs. The only way I see them doing this is if they are 99.9% confident their business is set to explode in the next 6-12 months. As we know, they have many "irons in the fire", and to now make a facility purchase and then also a lease agreement on another facility in just the past few weeks, that tells me something is brewing.
