InvestorsHub Logo
Followers 142
Posts 8356
Boards Moderated 1
Alias Born 06/09/2011

Re: Masked Superstar post# 18247

Wednesday, 02/22/2012 1:21:44 PM

Wednesday, February 22, 2012 1:21:44 PM

Post# of 61196
Do you believe the company, or do you believe the market.

That is the question on hand here.

1/12/12
MC Endeavors, Inc. Offers a Business Update
www.mcendeavors.com/pr-2012-01-11.html


The restructuring and the reversal of purchase agreements with Western Door and Seismic Foundation resulted in retiring over 158M shares back into the treasury which brings the total number of shares returned to 500M over the last 6 months. This has resulted in a new Issued & Outstanding Share count of 210,132,694 of which approximately 48% remain restricted at this time. Management believes this action demonstrates a commitment to the shareholders to improve the share structure thereby adding value to those remaining with us.



10/19/2011
MC Endeavors, Inc. Comments on Recent Unusual Stock Trading Activity


AUSTIN, Texas, Oct 19, 2011 (BUSINESS WIRE) -- MC Endeavors, Inc. (pinksheets:MSMY) has released the following comments on the unprecedented high trading volume in its common stock on Monday and Tuesday of this week.

Tim Algier, CEO stated, "MC Endeavors, Inc. has been receiving numerous phone calls with questions asking why we had this high volume and dip in stock price over the past two days. The company would like to address some of the prominent questions we have received with this press release and offer assurances to our shareholders and investors of our direction."

-- We have not engaged in any toxic financing, i.e. death spiral financing, Regulation D Offering, convertible debt financing, or any other type of toxic financing at this time.

-- The shares structure stated in our Issuer Information Statement that was filed pursuant to PinkSheet Reporting Requirements is current and correct.

-- We are not now, nor have we in the past, engaged in the practice of pledging treasury shares with financial institutions, angel investors, or venture capitalists.

According to the records provided by the Depository Trust & Clearing Corporation (DTCC) it would appear that more than half the float traded on Monday and Tuesday. At this time we have no confirmed explanations for this volume. We intend to continue to investigate the reasons for this activity and we are in the process of exploring the issues known and yet to be discovered accordingly. If any illegal activity has taken place we will consider taking any actions our legal counsel advises us on. We hope this communication assists our shareholders and other investors with some of your concerns and questions.

Please know that MC Endeavors, Inc. is committed to moving forward and building shareholder equity as responsibly and quickly as possible. We will continue to focus on the building of this company and we intend to make every effort to update you concerning our achievements and progress.


Notice: Information I post is meant for discussion purposes only.

Just a grain of sand lost in a desert...
Power to the truth...
Power to the people...

thehardrightedge.com