I spoke with the CEO Today and this is what I gather from my conversation, As usual he was very reserved with what he would comment on and say, my take is this, the company is taking action against what is happening to the stock price, he wouldn't comment on exactly what that is, but I already know from my conversations last week that it is shorting by Cornell Capital so I didn't even bring that up since that is a given. According to Tom (CEO), the action they are taking HAS NOT BEGUN YET! When asked for an opinion on the situation with the Share price he said that himself and his family are the majority shareholders of MLXO and they are very unhappy with whats happened to the share price. He would not give me an opinion on what will happen to the Share price once the company starts the action it is pursuing, only this, that the share price will be much better than it is right now. He said to give us a week to two weeks at the most and it will be released and hopefully get the stock back where it belongs. I think Cornell Capital already has wind of this and that is why we see Cornell begining to Cover which seems to have started last Fri. according to the chart, I would call it Pre-emptive covering! LOL! Cornell is Prob. covering as much as they can before this breaks wide open and Investors get wind of what the company is going to do to combat this Toxic Shorting. It's gonna be fun to watch this pan out, I am definitely holding until the company PR's this, if this breaks back to the teens or above .20 it's gonna be AWESOME!
AI
