MATRIX Penny Stocks

[ninji]

This article about MBTT was in 'asianinvestornetwork' yesterday.


30 Day target $9.50????

Company: MB Tech Inc
Symbol: MBTT
Exchange: OTCBB
Public Float: 3.1M shares
Current Price: $0.08
52 Week High: $0.90


BREAKING NEWS!!

MB TECH (MBTT) is expected to announce that MB Tech has entered into a potential agreement with Sirius Satellite Radio (SIRI) specializing in the antenna sector of the company's business to develop, manufacture and sell antennae-related products of MB Tech such as the auto positioning Flat Antenna, phased array antenna, in motion tracking antenna, etc. Initial contract dollar figures are set at $30,000,000 US, with the option to renew after 90 days. Furthermore, renewal contracts are expected to be valued at over $90,000,000 US for the first year.

Mr. Hanwook Bae and Mr. Teakwan Cho, President and CTO have set share price value and targets below.

Mr. Bae, President of MB Tech said, "This announcement has two meanings: Initially, we are planning to focus more on the higher margin segments of the satellite industry like auto positioning antenna's, phased array antenna's, marine tracking antenna's and military navigation systems. As CEO of the new company, I have proven my goal to succeed in the antenna business, both in North America and elsewhere. Secondly, we are reorganizing MB Tech Korea's assets along its core strengths to create a more efficient cost structure. MB Tech Inc expects significant growth in the share price to new levels, upon full disclosure of this agreement to the public."

Share Value, Target Prices
1 Week: $2.75 - 5.50
30 Day: $5.50 - $9.50
MBTT: 6 Month Performance

Wang Chi Lo is willing to pay a high price for companies that give him hefty returns on equity. Mr. Chi’s world wide reputation at profiling stocks has gained him unprecedented success in the markets. MB Tech Inc profile is expected to become one of the worlds most reputable satellite companies in the marketplace, backed by a personal and company “BUY” recommendation says Mr. Chi.

Stocks in the Asia Pacific Fund, which he helps manage, tend to trade at valuations of 200% to 1,000% once a buy recommendation is issued on a profiled company, Mr. Chi said, a contract of this magnitude grants MB Tech Inc shares to become a guaranteed premium to any portfolio, the growth expectation is large.

Mr. Chi will appear on Asia Business Weekly "US Equities" and will recommend the profiled stock along with the breaking contract news, which will soon represents at least 3% of the funds $17.5B portfolio.

Here's the link:
http: //www.asianinvestornetwork. com/

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