InvestorsHub Logo
icon url

ash111

03/03/15 2:26 AM

#195 RE: rookiecrd1 #194

that's true.Debt free for the first time in over 10 years.

Alan Meckler started out creating and growing his trade show business in the 1990's. He sold that business for $280 million in 1998. Fast forward to today, Meckler is back into the trade show business. He has created bitcoin, 3DPrint, and Robotics trade shows. The trade shows have been nearly doubling in size each year as they continue to gain popularity. Alan Meckler is driven to succeed. He forgave the company's $5.7 million of debt so the company is now debt free and well positioned for massive growth. A couple weeks ago, the CEO bought 180,000 shares of MECK which represents roughly 5% of the float. He now owns nearly 1/3rd of the company. There is only one reason why the CEO would buy so many shares and forgive $5.7 million of debt of a company that has a market cap of under $4 million. Its because he believes that MECK will be worth substantially more than it is now.

Once Meckler grows his trade shows to the size of the ones he sold in 1998, MECK will be trading north of $45 a share. That means that a $1,000 investment today would be worth $70,000

btw,the sale of Mediabistro had almost zero effect.
"On August 15, 2014, the Company completed the sale of its Mediabistro assets to PGM-MB for $8,000. $1,500 is held in escrow and
will be disbursed over the 12-month period ending on August 15, 2015, pending any claims against the escrow. As a result of this sale,
Mecklermedia is accounting for its operations as a discontinued operation since this caused a strategic shift in the the business from an online
publishing, online job board and online education business to a trade show business with in-depth coverage and updates of the 3D printing and
bitcoin payment industry. The carrying value of the net assets of the business at the time of the sale was $1.9 million and resulted in a gain of
$5.7 million. "

The 6m u have mentioned is the assets side,and the $8000 is the revenue side. that was 0.2% of total net income (almost $4m).


the numbers: http://investorshub.advfn.com/uimage/uploads/2015/1/18/kjzznmeck.png
Almost $4m Net Income, in only 3 months(Sep 30,2014).it's 16m yearly and trade shows growing rapidly as you can see. vs almost $5m loses(Jun 30, 2014)
1.5m in cash (Sep 30,2014) vs negative cash (Jun 30, 2014).

.63 net income. on only PE=10,PPS= $6+

trading on the premier tier (OTCQX)

The chief executive officer just bought about 5% of float and now directly owns 1,970,486 shares of the company’s stock.

institutional ownership is very high as well.

Trade shows growing rapidly " http://mecklermedia.com/events/
the growing list means MORE CASH from trade shows.

52 wk.high was $2.77 and the company in much better status now and future looks even better.
icon url

aquaspin

03/03/15 7:52 AM

#196 RE: rookiecrd1 #194

I'm looking forward to seeing how well 3D Print week turns out next month. I think it will be a huge success and bigger than most people expect. I bet we see more investors buying MECK after that show.