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Re: MRCOVENANT post# 16780

Wednesday, 05/24/2017 4:09:38 PM

Wednesday, May 24, 2017 4:09:38 PM

Post# of 96843
Now I listened to it. Mr. Listerman talks a great line, but it is impossible to know what is true and how long it will take. He makes it sound like once they have their patent, they would be worth "a billion overnight". Maybe so, but maybe it would take 2 years or more, imo. I am not happy about his statement of a plan to issue more "dividends". It's a gimmick to get people to buy more stock now, in a sort of "2 for 1 sale" mentality, when all it does is help drive a downward spiral in the stock because it is dilutive by 100%.

It is hard to believe that, if they have such a great program, they couldn't find an angel investor to give them a couple million for marketing in good faith expectation of later repayment.