Bought some of this today look at that float!!!:
MMCI .01 x .017
Market Cap. of $ 45,000 DOLLARS??? With a Book Value $0.88 and Cash of $0.19
3,005,000 shares outstanding
1,100,000 shares Float
Data from February 14, 2001 10K filing
Total assets ...................................$ 2,717,942
Total stockholders' equity .....................$ 2,631,230
Revenue for the Nine Months Ended ..............$ 2,023,249
At December 31, 2000, the Company reported cash and cash equivalents of $1,594,
working capital of $1,191,660, and stockholders' equity of $2,631,230.
MMCI owns interest in the following companies:
On January 2, 1998, the Company acquired 3,571,429 shares of the outstanding
common stock of United Textiles and Toys Corp. ("United Textiles"),
Symbol UTTC Value 3,571,429 x .02 = $ 71,428
AND
As of April 2000 owned 4,818,420 shares of Play Co.'s common stock.
Symbol PLCO Value 4,818,420 x .031 = $ 149,371.02
-----------------------------------------------------------
Personal comments:
Remember all this with a Market Cap. of $ 45,000 dollars
With what they have this should be trading at least 5 to 10 times higher than this. After the
MM NITE at .017 moves it goes a Ask of .04
Regards,
Shac.
With trading you must conquer your emotions and be very disciplined about your goals.
