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Bull Trader

11/06/07 8:14 PM

#1124858 RE: tradeforcash #1124597

MDNO - no idea. I think the play may be GPGD. Watching that close.
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kakalak

11/06/07 9:28 PM

#1124874 RE: tradeforcash #1124597

tradeforcash- These are the facts on MDNO as I know them:

----The previous symbol of Modern Energy was MODR trading at .001 to 002 with 1.2 Billion shares outstanding

---Market cap was a minimum of $1.2 Million (1.2 Billion shares X .001)

---MODR converted into MDNO with only 1.2 MILLION outstanding now.

---Before MODR was converted in shareholder's accounts into MDNO, there was two days of trading in MDNO (before there were any MDNO shares to trade).

---Total of 2.1 Million shares of MDNO were traded from .012 to .019. (Check Bigcharts)

---$.015 or so was obviously an incorrect price. At $.015 X 1.2 Million shares, the total market cap was only $18,000! LOL

---Even at .60, MDNO is not at the previous market cap of $1.2 Million yet. MDNO now is at a market cap of $720,000. MDNO needs to go to $1.00 minimum to be at parity of the market cap before the restructuring.

-- The GPGD dividend announced today is worth .24 a share to MDNO shareholders (GPGD is at .24 x 100 shares for every MDNO share held).

ANDTHE SHORTS HAVE NOT COVERED THEIR 1 MILLION SHARES THEY SOLD WHEN THERE W AS REALLY NO MDNO SHARES AVAILABLE.

So MDNO is headed MUCH higher, IMO.

---I love the smell of napalm in the morning.

Hope this helps