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Re: GLee17 post# 69526

Monday, 01/13/2025 12:45:22 PM

Monday, January 13, 2025 12:45:22 PM

Post# of 69765
Unfortunately, I have to agree with your assessment.

I'm not expecting any fins this year until some revenues are booked for HiAlloy Valves (HAV).

If HAV can't sell any valves this year, then MVNT may be changed to "shell risk" or just "shell" by OTCMarkets.

However, if Linh files an Annual report, even with minimal revenues*, MVNT should still be able to avoid a downgrade to the Expert Market (EM).

EM would likely be a death sentence for this ticker.

* I remember one year when the revenues were $5,399 in total. LOL
It was FY 2020. See this link: https://www.otcmarkets.com/otcapi/company/financial-report/297752/content
Bearish
Bearish

Disclaimer: Do not rely on my projections to make a buy or sell decision. Always do your own DD. Facts are truth. My opinions are just that - opinions.