Replies to post #3778 on Michelex Corp (fka MLXO)

[Talonsin]

I'm not trying to be a pain, just looking for some answers so i can make informed decisions.

Heres where I'm confused. Your telling me Cornell pushed them into the new share deal and the deal is off so does that mean there are no new shares? If there are new shares, is it possible that they could dilute?

There was also a PR last year thet they paid off Well Farge:

"MASSENA, N.Y., May 31, 2005 (PRIMEZONE via COMTEX) -- Michelex Corporation (Pink Sheets:MLXO), a manufacturer, importer and distributor of a full range of specialty plastic products, would like to announce that it has closed a deal with Commercial Capital for a $2.5 million line of credit, the revolver credit line with Wells Fargo has been bought out."

Was this false? How could they still owe Wells after all this time after this PR?

They dropped off the OTCBB just 2 months after this PR. How could the financial reports get so messed up in just 2 months and cause them to drop from the board?

I like this company, it has been around for a long time but I got left holding the bag when they dropped from the OTCBB and I dont want to go even more in the hole if the CEO is just another pinksheet liar like the rest of them. On the other hand if they are gonna come back I'd like to average down a bit and hopefully make a bit of profit for my many months of holding. I'm just looking for answers.

[g-invest]

TO WHOM IT MAY CONCERN:
COMMANDER CAPITAL is not CORNELL. In fact, commander capital is a virtual unknown, and is almost certainly a toxic financing firm that buys treasury stock directly from the CEO while shorting to you, the average investor. It's all detailed in my signature link: the whole scam.

MLXO might not be being toxically financed, but we need to keep checking with the transfer agent to determine that.