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smw2340

07/12/19 10:30 AM

#3985 RE: Pat #3984

If business dries up, they all lose their jobs. It doesn't behoove any of them for the company to stagnate like this, they need to look for alternative revenue streams to survive.
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velcro

07/12/19 10:21 PM

#3987 RE: Pat #3984

Pat, not so sure about the happiness factor, but I think someone at MKRS reads these Investorshub comments. Only one trade today, 10,000 share Buy at the open was a statement, a response.
The lack of news is a failure to promote the company and is also a statement.
Can't agree they're all happy. No Insider is buying shares except one exercise of Options at 20 cents per share.
As I recall, there are a couple other outstanding Options to buy at 20 cents. If the stock price falls below 20 cents, no Insider no matter how happy will exercise their Options to buy at 20 cents.
We are stuck a little above 20 cents if they want to remain happy.
If they're sort of unhappy and let the Options expire then we could be back to a nickel per share.
Meaney (being unhappy) has tried to keep the stock price up by conversion of the Preferreds and then the stock buy-back authorization.
If Meaney and the Board are walking a tightrope to keep only themselves happy.... who knows where this will end legally? Back to possibly taking MKRS private? What is a fair price after this alleged happy manipulation?