MNET Let me share......
It's going to be thrilling watching this MNET grow over the next few weeks/months, many have been alerted and informed about it the last few days since we started discovering what is happening in the background since Stocker relinquished the shell and the Attards brought the state filings up to date very recently.
Folks, this is as close as you can get in OTC land to actually owning a substantial piece of a Company that has the management/opportunities/top level business contacts/ that these Attard people possess.
Do you realize what it means to have even just a tiny piece of this issue ? The share count here makes it possible to be a very significant partner with the Attard family and MNET.
Do you realize that just a little over 30,000 shares, worth .09 at close yesterday, with a cost of $2700.00, represents nearly 1/2 % of this entire forthcoming business deal that is going to take place ?
That is the beauty of this one folks, the share count. We all enjoy playing the pennys, that is why we are here. But, we are so used to huge share counts it is very difficult to fathom actually holding a significant percentage of a public company.
As you know, the o/s in this MNET is about 6.7 million. The float is a maximum 1.5 million shares. 20% of the outstanding shares are in the public float.
1.5 million shares, find me another otc/pink with that float and o/s. The same shares mentioned earlier, 30,000, with a cost at yesterdays close of $2700.00 represents an astounding 2% of the entire float. Now folks, that is about as much leverage as you get, anywhere. One could not get more leverage, even if they hired the Mob.
If you were offered you a piece of the Attards action on a business, less than 3 grand for 2% of the action available, would you act ?
That is the other beauty of this issue, you can sleep at night.
We are so used to sleeping with one eye open, no ? It's tiring to most.
You will only be kept awake due to excitment and anticipation, wondering what your senior partner is putting together for you. You won't be kept up, wondering if you will wake to a horrible rumor, a 500 million a/s increase, or, a CEO that needs milk money or sells shares to pay the rent and phone bill due by next Tuesday.
I've said it before and I will repeat it, you are investing in the credibility of the people at the helm. Folks it just doesn't get any better than this in the otc.
These people, the Attards are already multi millionaires, they have many ongoing businesses and know how to maximize their positions.
MNET at one time was valued at over 30 million dollars and traded at $7.00. The share count was the same then folks, it hasn't changed. Folks, these people are foward splitters, not reverse splitters !! Your just not used to that are you ?
They own 80% of this MNET shell, they are working with expert shell veteran Mr. Whiting and have in fact already been contacted by a company with 1 mill net profit/yr that wants to be public. Make no mistake, the Attards will make the best decisions for them and their partners, us, the shareholders, have no doubt.
We are fortunate to have lefty in contact with Mrs. Attard and giving us occasional updates, he is great at this, establishing credible contact with CEO's.... go back and look at his posts on CSBR in January before the huge run, you will smile. :)
Pause, take a moment, look at the lefty's CSBR posts and puruse his posts here on MNET.
Thing is, as great as CSBR is/was, MNET has 1/5 of the share count and float, you do the math.
Sleep at night, know that the majority partner is historically capable of making the best decisions for you. Relax, have a cold drink, and enjoy.
I know its not what you (and I) are used to, but, you just may start to like it. :)
All the best.
Good luck and health to all.
