Steve it is warren buffet - YOu had insider info didnt you.
LOok at the latest NR yes another one even fresher from LON and read the bold
Mellon Research, Inc. Expands Firm and International Growth Opportunity
SCOTTSDALE, Ariz. -- (Business Wire) -- Dec. 16, 2004
The following is a statement from Mario Pino, president
and CEO of Mellon Research, Inc.:
¶ Mellon Research, Inc. (Pink Sheets:MLON), the market leader in
providing boutique investment banking services to private mid cap
companies, is pleased to announce assets of $45,000,000 from the firm
increasing the market capitalization of Mellon Research Inc. We also
feel the earnings per share will also increase at least 1-2 cents per
share and a selling price of 10-15 cents per share can now be
seriously argued.
¶ We will provide solid evidence to the public concerning our
estimated selling price when our firm becomes fully reporting in early
2005.
¶ Mellon Research has been offered $10,000,000 for the mezzanine
level of investment and partial ownership of Mellon Research from one
of the largest consortium of investors and wealthiest individual
investors in the world.
¶ We will visit with a consortium of some of the wealthiest
investors our world has seen in 50 (fifty) years, to personally take
an interest in our firm and assist Mellon Research in becoming a
Forbes 400 firm in five years.
¶ Mellon Research now has enough investors on the buy side to move
the stock beyond where it is today because of demand on the open
market and the validated value of Mellon Research on paper in our
audit.
¶ We are proud to provide another significant dividend to
shareholders of record. December 17, 2004 to Mellon Research
shareholders once our stock has reached at least 1 cent per share in
value. This dividend will be given (Equity dividend from Mellon
Research, Inc. from a Public offering in one of our companies). The
dividend will be provided on or before the completion of the internal
audit.
¶ Lastly, Mellon Research has secured enough cash to begin its own
stock buy back in the weeks before and after the New Year at current
market prices.
¶ Based on a vote from our shareholders of record, Mellon Research
will determine if a possible change in our name is necessary and if a
proxy to shareholders and an ad in the Wall Street Journal will be
necessary to reach our audience bid for the name Kidder, Peabody and
Co. from UBS/PaineWebber. At that time we will use the funds given to
us, to make UBS/PaineWebber an opportunity to help its team that is
mutually exclusive.
¶ Regardless of the outcome Mellon Research and Wall Street
Securities will have a significant Broker/Dealer under its belt going
forward and is publicly announcing an open offer to purchase a firm
for a minimum of $ 25,000,000.
¶ Mellon Research has secured a team of attorneys and may also reach
out to the highest level of the legal industry to secure a possible
relationship with International Securities Law firms like Connally and
Williams or Sullivan and Cromwell.
Contacts:
Mellon Research, Inc.
602-912-5860
www.mellonresearch.com
Investing is for those who don't know how to trade
