Replies to post #200 on Manchester Inc (fka MNCSQ)

[Buckey]

I didnt come here and bash as I simply didnt have any DDto do so other than $300,000 in the bank and $300,000,000 market cap.

The credit facility does not affect MC or B/S in any fundamental way but I did make a fairly bold statement here

http://www.investorshub.com/boards/read_msg.asp?message_id=13849690

[Buckey]

Worm,

I have spent the last 30 minutes looking at MNCS as if I was looking to invest in it. NOTE - as a rule I do not invest in equities. I trade them. Ironically my last equity I owned inside a retirment account was a company called MiNaCS.

I invested in them because they were srateing to reduce their losses and grow the top line on $100 of million a year in Revs.

anyway I am seeing a company with Zero NAV here - the only increases to cash have been through loans to the company.

I am in shock that any adult with above a grade 8 education could possibly invest in this company.

I mean if it was a penny stock withmaybe a $5 million market cap or less I might see taking a flyer with some play money - I certainly wouldnt but $ 100 Million market cap even here.

For the record I have no position and am not short nor am I being compensated in any way - I would short this to nothing if I could

[Buckey]

HUMMM these guys done good - paid less thana penny for their stock

. TITLE OF CLASS BENEFICIAL OWNER COMMON STOCK PERCENT OF CLASS

Common Jackson Buch 6,600,000 19.9%

Common Dana Upton 6,600,000 19.9%

DIRECTORS AND
OFFICERS AS A
GROUP 13,200,000 39.8%

[Buckey]

SO I am trying desperately to find this Nice cars website - the one that does 100 million a year in sales - MY first click I get Glendale arizona - Home of Mario PINO - NOW thats funny