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shoondale

06/18/24 1:19 PM

#41343 RE: Techroemancer #41342

Bullshit. This POS wipes out shareholders. One failure follows another. Here the revenues fill off the cliff while the operating expenses, including expenses to make sales, increase:
https://www.otcmarkets.com/stock/MGON/financials
From the latest filings (which are always incompetently habitually late):

Inventory 137,851 143,830


These clowns should be selling the inventory, which they hardly do (it barely goes down), before they clean out shareholders of more of their hard earned dollars.
https://www.otcmarkets.com/otcapi/company/financial-report/392649/content
Let's assume a broker feels so very sorry for you, and he charges you absolutely zero commission. If you invested over 5 and a quarter million dollars into this scam; $ 5,263,157.69 about a generation ago at 2 grand a share. Assuming the market makers allow all your shares to sell all at .0057 (and these are generous stretches since the bid is always weak), you can garner $ 15.00 return on your investment. It is enough to treat yourself to a Happy Meal at your local McDonald's as long as you are not going to treat any guests along with yourself. If you invested less than 5 and 1/4 million dollars a generation ago, I suppose you are looking more at vending machine food than a sit down Happy Meal.
Click on max for the all=time chart

Bearish
Bearish