Friday, February 22, 2013 6:43:13 PM
The CEO, Larry, has been frequently doing periodic road shows to small investor workshops, and every time he does one we see buyers showing up grabbing 25,000 to 80,000 share lots in single buys at the ask. That combined with the steady good news the last 14 months has driven the rally, and it is my understanding that will continue all year this year. They have enough cash on hand so new investors that want in need to buy at retail. This is the kind of smart CEO we have running the MVTG show!!!!
When we were in serious money trouble second half of 2011, and parts of 2009, he refused to dilute, and paid himself with unsecured debt at zero interest!!!!
Show me another penny stock with a CEO like that!!!! There ain't none that I know of!!! He still owns about 24% (I forget the exact number) of the OS shares, and insiders still own 29%!
Only 19 million shares are available to sell (unrestricted), and only about 10 million are registered at brokers for trading, and guys like us here seem to have locked up half of those!!! So the real float right now on this beast is about 5-6 million shares we think!!!!
We still suffer an occasional sell off for a few days on low volume between bull runs, but that may change shortly!!!!
When we were in serious money trouble second half of 2011, and parts of 2009, he refused to dilute, and paid himself with unsecured debt at zero interest!!!!
Show me another penny stock with a CEO like that!!!! There ain't none that I know of!!! He still owns about 24% (I forget the exact number) of the OS shares, and insiders still own 29%!
Only 19 million shares are available to sell (unrestricted), and only about 10 million are registered at brokers for trading, and guys like us here seem to have locked up half of those!!! So the real float right now on this beast is about 5-6 million shares we think!!!!
We still suffer an occasional sell off for a few days on low volume between bull runs, but that may change shortly!!!!
Ambition with out knowledge is like ship in dry dock. Going nowhere fast!
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