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researcher59

05/22/07 10:43 AM

#73015 RE: bobkubecka #73012

bobkubecka: UVE +.40 to 7.10 .... a stock you introduced here late in 2005 as UVIH at a mere $0.08 per share ! Thanks again !

http://www.investorshub.com/boards/read_msg.asp?message_id=8505336&txt2find=uvih+


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Knowledge is King

05/22/07 10:47 AM

#73018 RE: bobkubecka #73012

re MLOBF: thanks, bob. Bought 1000 at $1.02
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researcher59

05/22/07 10:50 AM

#73020 RE: bobkubecka #73012

bobkubecka: MLOBF EPS of $0.21 is pre-adjusted for a pending 1 for 3 reverse stock split, as per the share count .... so actually $0.07 for the current stock price of around $1. But that's still a PE of under 4, annualized. It's not clear when the split will occur, but this from the prior 10Q -

A Special Meeting of Shareholders was held on October 30, 2006. The purpose of the meeting was to consider and vote on a proposal by the Board of Directors to complete a 1:3 reverse stock split of the Company's issued and outstanding common stock and to consider and vote on a proposal by the Board of Directors to amend the Articles of Incorporation to change its name from MIAD Systems, Ltd. to Melo Biotechnology Holdings Inc. These resolutions were passed by 100 % of the shareholders represented in person or by proxy, representing 2,300,000 shares, which is 61.97% of the issued and outstanding shares of the Corporation.


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littlefish

05/22/07 12:58 PM

#73062 RE: bobkubecka #73012

bobkubecka, did you own MLOBF before the earnings release today? I'm curious how you ran into it (was it from veteran98?). I'm curious why it didn't bump up more after the 1st Q report when revs were stronger and margins were also incredible. The sequential revs decline is a bit cautioning. But if they can keep a stable cost structure going forward and stabilize revs then this could be a huge winner. Lots of IFs with the 'too good to be true' cap on... Thanx for the mention of it here. Too bad I wasn't around when you mentioned UVIH under 10 cents. I could use one of those these days:) Thanx. PS- larrybaz, I see you brought it up back in April here...