I spoke with Tom G. this morning, They definitely have a plan to combat Cornell, Tom believes the short position that Cornell has created is substantial, he is the Majority Shareholder in MLXO and he said that he is more upset than anyone about the PPS and what Cornell has done. He could not give me details of their plan, but I gave him a couple suggestions to help this one of which he liked and that was, even though the company is seeking financing, I'm sure Tom G. & Family are pretty well off Financially, that they do a Buyback of shares on the open market, I said that if Cornell gets wind of that they are going to do something because the last thing they want to do is get caught short and have to cover in the teens or something. He really like the idea, I said it doesn't have to be a large buyback either, a few Million shares would do it, because Investors like things like that. I also mentioned a 100 for 99 forward split, something that would only increase the O/S fractionally but cause the certs to be audited and Cornells shorts exposed. The bottom line I told him is that shareholders really need to hear something from the company like right now because many are getting nervous about holding their positions here and the last thing he needs is for everyone to start bailing and then the stock is really in the crapper. I think the message got thru to him, (I Hope). They really need to release a PR and give investors a good reason to be here in the first place. Let us know what the deal is.
