Value Microcaps Free-For-All

[checkmate28]

MSGI & Manny AXJ, I bought after DD on MSGI rec. months ago after he hooked me on VPHM & predicted AXJ to be A candidate for the next VPHM. I sold over half on the break down but never thought it would go as low as it did. The misrecorded 2nd Q, AMEX delisting threat, management shake up, lowered warrent conversion prices, threat of the lack of finances to carry on & the plain & blatent silence from the company after a run of tremendous news & promise, left me feeling like a bag holder. I talked with their IR depertment a few weeks ago & he assured me he spoke with AMEX himself & he was positive AXJ would have no problem staying qualified for the AMEX. We got the official assurance today & that was huge. He also said new management was getting a wrap around every contract the company was involved in & that they would talk when they were sure of what to say. He said buisness was normal & their factory was busy producing product as far as he knew. He is currently pushing the company to talk & issue PR'S. I have yet to hear where all the missing millions of revenue went & still think the company will have a bonified answer soon, furthermore, with the new China FDA approval after sucessful testing of their diabeties drug, I am confident they will find the financing they need & probably the low interest loan they were persuing from the Chinese government. Another factor was that I saw it drop from 1.25 to .30 on very low volume & figured it would not take mush to get back to that level. I took a chance & tripled my position the last few weeks, buying as low as .40 & even added this morning. My original shares are now in the black as well. Being 2 for 2 with MSGI I put him back on my favorite list. Thanks MSGI for the Christmas gift & I'm glad you got some more this AM. I believe like you, that this news is larger than the news that carried it to 2.50 & 2.50 was cheap relative to the profitable 3rd & 4th quarters & 20 million in revenue they were touting for the year. Lot of investors have not even seen todays news yet.
Take care & GLTA