Shell Stocks; Reverse Mergers; Acquisitions; Zombies; Greys; & All "Other" Plays

[Potse]

MAVT(.013)...increased my position.....

Finished adding to my MAVT shell position yesterday (currently have a cost basis around .007). Risk level is high due to the filing delinquency and any lingering negative market reaction to the upcoming 1:25 reverse split, but the risk/reward around this sub-penny to one-cent area continues to look pretty interesting to me.

Changed my mind and decided to significantly increase my position in MAVT yesterday, following the filing of the two quarterly reports. Picked up more shares at .01 and .012, increasing my cost basis to roughly .009/shr.

The new CEO should be able to make the last two filings without much difficulty now. Other than a small amount of additional debt provided by one of the shareholders in February, there doesn't appear to have been any major changes in the shell's overall condition.

Still no information on what will happen to the existing debt. But I still think it is worth rolling the dice here. Just have a gut feeling this reverse merger might turn out to be quite interesting/profitable from this price area.