Thursday, November 27, 2014 2:18:33 PM
The PPS is about as low as it gets, and MTVX has some cash [albeit not as much as some of us had hoped] from the Cerner deal. MTVX should spend about $400k and buyback about 3billion shares. Add to that the 1billion-ish shares they got from the MonsterMoto crew and retire the 4billion shares. Then R/S at a 10/1 ratio (both O/S and A/S). Now we'll be looking at 400mill-ish O/S and 2billion A/S. Much more attractive SS.
But, with the likes of IR, Tangiers, and WHC Capital, still in the picture -- things would still look awful. One thing about this management team, they certainly know how to dig holes. With all my "averaging down," I'm down over 90%! I know I'm not the only one, and there are some who lost more.
Anyway, enjoy your Thanksgiving with your families.
Glidelogic Corp. Announces Revolutionary AI-Generated Content Copyright Protection Solution • GDLG • Jul 26, 2024 12:30 PM
Southern Silver Files NI43-101 Technical Report for its Updated Preliminary Economic Assessment for the Cerro Las Minitas Project • SSV • Jul 25, 2024 8:00 AM
Greenlite Ventures Completes Agreement with No Limit Technology • GRNL • Jul 19, 2024 10:00 AM
VAYK Expects Revenue from First Airbnb Property Starting from August • VAYK • Jul 18, 2024 9:00 AM
North Bay Resources Acquires Mt. Vernon Gold Mine, Sierra County, California, with Assays up to 4.8 oz. Au per Ton • NBRI • Jul 18, 2024 9:00 AM
Nightfood Holdings Signs Letter of Intent for All-Stock Acquisition of CarryOutSupplies.com • NGTF • Jul 17, 2024 1:00 PM