It is the dilution machine still at work. I do NOT hold any shares of MHUS, but I do own shares of AXGJ, run by the same clown. Wgen you look at your trade platform, you know when MMs are looking to buy some shares at the bid, so they can sell at the ask. There is a + sign next to the bid price. I have seen on AXGJ COUNTLESS times where all of a sudden the + becomes a -, and the ASK stays pegged, and MILLIONS OF SHARES ARE TRADED. Why? Because Flannery just GAVE the MMs a bunch of shares to sell for him. Nothing but pure dilution, both with MHUS and AXGJ. 2 companies, and he can't run either one! Look at the charts, both are at or close to as low as can go. Would a REAL businessman allow this? The schmucks a few posts back that said they MADE money on this, and are holding so many thousands of dollars worth! BULL! (Some kind of Flannery hack) Why oh why ANYONE has any faith in this guy whatsoever is beyond me. His 'update' to shareholders for both MHUS and AXGJ were basically the SAME. Changes coming (R/S) bring down costs (Buy Small Lattes instead of medium) etc... There are even clowns saying that this is as low as it can go, nowhere but up! HA! He'll R/S, and start the dilution cycle all over again. Then, your shares will basically be worth something like .00005 and lower! And please, enough with MicroCars, MHUS HAS NOTHING TO DO WITH IT! Lots of INTENTS, but nothing solid. They need $300,000.
“To complete this latter agreement requires MHUS to invest $300,000 into MicroCars, which we were prepared to do. However, we have encountered some delays due to conditions being set forth by some of the financial partners of MicroCars with regards to this transaction. Unfortunately, this is something that is probably best handled with face-to-face meetings. Originally I was scheduled to be in Sri Lanka on Feb. 20, but was unable to travel at that time due to an accident. I am now scheduled to do so in the latter part of April.
“MicroCars is a great company run by great people with tremendous vision and drive. I hope MHUS can be a strong ally for MicroCars and help them get to the next stage in their business development. But right now we have a lot of work and discussions to complete.”
So, a guy who can't even make money selling affordable housing is going to be an ally for this company? ANd now it is LATE APRIL for a meeting? More time to keep printing and selling shares! Would YOU want Flannery involved in your business? What, Flannery is the only person on the planet with $300,000?? THAT IS CHUMP CHANGE to a REAL business entity. Mark my words, NO DEAL will happen, there WILL be a R/S eventually, and the cycle will repeat. Good luck to those who still think this guy is legit.
