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Re: mugs57 post# 11970

Wednesday, 08/04/2010 2:19:51 PM

Wednesday, August 04, 2010 2:19:51 PM

Post# of 35926
Mugs; Thats exactly what I have been posting for the past couple years, MLXO Owed Cornell Capital over $300K in Convertibles and Cornell was granted a Court Ordered Judgement against Michelex and could come to the Transfer Agent and get 4.9% of the O/S at one time, dump the shares, and come back for more, and keep doing it until they were paid off. Like the saying goes in Toxic Financing; "Lather, Rinse, Repeat" just like running your Wash Machine. I watched it month after month, and everytime Cornell sold out, the PPS would have a little Run-up, until Cornell was issued their next round of 4.9% of O/S Shares to dump. Thats why it was down in the Subs for so long, the stock was under Constant Selling Pressure and the Market Makers always drop the bottom out for Convertibles. With these new developments, ("IF THEY ARE FOR REAL"), it looks like Cornell Capital may be HISTORY! I CERTAINLY HOPE SO ANYWAYS! We need to Verify this Website and the Info contained in it. Just to make sure it's for real, there is no Press Releases anywhere else on the web, I've searched Yahoo, Pinksheets.com, OTCBB.com, ect ect. And I am finding nothing. One Interesting thing I found on Yahoo is this;

http://finance.yahoo.com/q?s=MLXOV.OB

I've never seen that before? Tom G has promised getting RELISTED ON THE OTCBB SINCE APRIL 2006. Hopefully they are doing the Paperwork for Relisting if this news is Verified.

I don't think the current O/S Numbers are what was posted by Jimstock in message #11113, I'm sure they are higher than that, just looking at the chart, you can see between his post and now, there were some very heavy volume days wihtout any movement, that is surely Cornell at work.

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