Malagueule's Lounge

[malagueule]

MHYS - Multy-bagger

Should run hard here until Nov 17th. Where new O/S comes into effect. (not entirely sure they will be issued.) However New shares due to financing deal do not come into play until July 30th.

I see them issuing only if they come across a new big name project & need financing. (Assuming no revenues from existing projects)

Filed 8K
Link: http://biz.yahoo.com/e/141031/mhys8-k.html

as stated by LongInvestor

Two very good things from this financing deal.

1) The 8% Convertible note is not exercisable till 30 July 2015. The shares cannot be traded till 180 days after that date. So none of those shares can be sold before the end of next year.

2) The warrants that were issued cannot be exercised till the 5th (fifth) anniversary of the date they were issued! ( Will any of you still be here by then?)

Its all there folks - see for yourselves.

http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=10275242

CEO Grodnik answered shareholder questions about profit on finance deals on upcoming movie projects.

Thanks to doebop for info
Link here: ps://twitter.com/doebop/status/528271904382406656

In my opinion this is going to be a fun ride here. Going to buy more this week. Remember to take profits on the way up & if you can, play with free shares.