Michelex Corp (fka MLXO)

[VST7]

There will be shortly, thats what the word is anyways. MLXO Is being bought out, the CEO will still be a 25% owner of stock. NIR is the one who brought the buyer to the table and NIR has everything to gain by running this up since MLXO owes them $1.2 MIL in Convertibles and I believe they already have their stock. My guess is NIR will hold on to their shares until after the Reverse Merger and then Run the piss out of it. On the other hand HighGate (Cornell), is still owed $300K and they have nothing to gain, so they are prob the ones playing this on the downside, even though they can't get any shares right now, they are prob shorting against the debt. These bigtime crooks only care about one thing, and thats dollars in their pockets, as much as they can get. What I wrote is "MY OPINION" based on what I've heard and been through over the past 4 years on this stock.