Michelex Corp (fka MLXO)

[sawdin]

MLXO will never hit 10 cents and sustain that price until they get current on financials, have verifiable contracts and have verifiable profits (e.g., financials submitted via EDGAR). Based upon what we know (which isn't much), we won't be hitting 10 cents anytime soon, if ever. The pinks are littered w/ companies that have great plans and great promise that never materialize. That's why they're on the pinks. Is MLXO different? Maybe, but right now, based upon their actions (or lack thereof), they are just another pink.

PS...Sure, we could get some type of momo-run, but will it last long enough and have enough volume so that existing shareholders can sell off? No way of knowing in advance. What we do know is that most pink investors have ignored MLXO.