Strong buy for MLXO. Reason? Here it is:
In Nov. MLXO inked a deal with Cornell Capital for a Standby Equity Financing Deal, Cornell then began shorting MLXO Like they do every company the lend to, lending the company money it raised from selling the same company short in the first place, basically lending the company it's own money. Well the CEO was unaware at the time what Cornell was up to and once he found out decided that the company would be better off not using and funds from Cornell, SO HES NOT USING CORNELL CAPITAL FUNDS, And Cornell has shorted MLXO from .20 area to .025, it's on the SHO list for the second time because of it, now that MLXO doesn't want their money, theres gonna be alot of short covering in the coming days/weeks or Cornell will be caught short. Current ask of .035 is way undervalued, all indicators say that MLXO is way oversold. MLXO is one way,
