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Re: None

Wednesday, 09/28/2011 5:06:22 AM

Wednesday, September 28, 2011 5:06:22 AM

Post# of 21457
Here is my take on this thing. I am new to pinks so I don't have the vast knowledge like most of you have. First, they are current on all filings, I am in one other gold stock that is already in production, pictures of stockpiles of black sand and 2 dredges in the water doing there thing but are a year behind in filings, they have the revenue coming in, have been for 6 months but no filings and the stock just keeps going down. MGRN has done everything they have said they were going to do, not on the schedule that most here think they should be on but on there schedule. This looks like this is the first stock company that the CEO has gotten involved in and maybe he isn't real smart about how he keeps the stockholders informed. I also see the dilution in the last few weeks as a way for him to generate revenue to buy more equipment. Maybe he didn't do it in a way that allowed us stockholders to be informed about it but we can only go by the latest PR that they are buying more equipment. Sure there are alot of unanswered questions like who is James, why no revenue, who is Progressive Mining, where are any geological reports on the property, who else are they talking to. In the end think about it, for a couple hundred bucks you can have 2 million shares of this stock and if it goes to a penny you have 20 grand, if he runs with your 200 bucks and looks for his next scam then we all learn a little more about pinks and I won't lose any sleep over a couple hundred. Anyway, this is my take on it and it looks like some people are investing some money this weeks so someone knows something.

Just my Opinion.