My opinion: Recent Events
1. Two new Expert board members
2. New Shell Company w/ RH Chair, Marcel Pres
3. James Chandik as VP of Sales
It appears to me that things are shaping up into quite the little company here. First, and probably most important is the appointment of two expert board members. These two guys not only have a lot of industry experience (read Contacts for new Contracts) but they have experience in building businesses too. I'm confident that one of the first things they did it take a look at the portfolio of the company, take a look at the opportunities, and said "Hey, you really need a top Sales guy who can close these leads... We'll think about it and We promise we'll buy it just won't cut it anymore".
This led RH to either go out and pursue #3 - woo James, or close an already existing deal. It wouldn't surprise me if they offered him a decent base salary plus a bunch of those preferred stock options. Unless he screwed something up at Datacom, someone with what appears to be awesome credentials doesn't just Jump Ship unless he thinks he can do (a) Better and/or (b) make a bunch of money for himself. You're promotion material if you can grow sales like he did. Additionally, someone with this sort of expertise will know how to write contracts, how to better negotiate long-term support options, and know how to push additional units.
Now, on to #2 above. In reading some of the other posts here, It appears likely that RH has some additional (a) products or (b) intellectual property that needs to be managed by a separate balance sheet so that it doesn't get in the way of what's going on with MCCY. This probably was also an offshoot of the two new board members recommending either new industry opportunities or cleaninig up things that were in the way. Someone who appears to be as smart as RH is going to utilize all of his portfolio in successful ventures. More importantly, if idea #2 doesn't succeed, it's completely separate from idea #1 and won't take it down if it completely fails.
Anyway, it appears that we have 3 very strong individuals as insiders in this company who have now decided they want to participate in the ride of MCCY somewhere. In my opinion, once the financials hit, this will at least go $.80-$1.00. Once some of the contracts are actually recorded as income, it may go to 2 bucks. $10 or $20 might be a bit out, but it wouldn't surprise me if it was possible, especially if the company does not issue any more shares. If MCCY is going to get bought, maybe RH needs a new shell company in which to transfer some IP over prior to sealing the deal. He doesn't want to include ALL of his ideas within MCCY, especially if he sells all of the assets and Intellectual property of the company in the process. If someone DID come in and pay $200 million, or do a stock swap, they're going to want a LOT in return for that sort of premium (even though the product is THAT good).
I wish that I had bought a whole bunch more at .20 when I originally got in, but I did have the opportunity to add more today at .40 (unfortunately missed .37) and will continue to buy the dips until I run out of slush fund.
Anyway, not a whole lot of new thoughts, but I thought I'd throw my opinion out there anyway.
(disclosure: I'm long on this with about 70k shares, investing since being initially convinced by RebelGirl at .20)
