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Re: stocktrader001 post# 4164

Monday, 03/26/2012 9:51:18 PM

Monday, March 26, 2012 9:51:18 PM

Post# of 66415
Stock trader, MEXP has recently been touted from .0016 down to .0004, the new 52 week low. If you're in it for a quick trade, it might be realizable. They've used paid promoters as recently as a month ago, I'm sure they're not above promoting it again.

MEXP has no earnings. There is no legitimate valuation. It would be difficult to project its future performance because it's not certain there will be any. The management has no track record in marine salvage, although it's been been said Michael Scaglione has played a part in and made a sizeable profit running scams. To calculate MEXP's credit risk would be off the charts. We don't even know the true share structure because it varies widely depending on which company officer you're listening to. The TA is gagged as well.

Is it flip worthy? Most pinks are with a promotion. But fundamentals? It has none. IMO.

Good luck to you.

"Dream like you'll live forever, but live like you'll die tomorrow"