Replies to post #74586 on Market 99 Ltd (fka MNTY)

[Pastor Phil]

I understand completely. Some don't like the small tid bits I get and throw out, and at times, Jason didn't like the small tid bits I threw out either. I've been as fair as I can both positive and negative. I've exposed things here like the RS being undoable, the A/S being raised to 10 bil from 5 bil, and you want me to not post those things????? I'm at a loss from your feelings.

[Pastor Phil]

I don't merely have the ear of Jason, I stepped up and did some exaustive DD including making trips into Dallas. I went as far behind the scenes as I could get to gather all the info I could get, and then reported it both positive and negative. The flags are indeed immature, but the fact is, A red RS flag was simply telling it like it was.
There are at least two sides to every story. And a whole lot not being considered.
MNTY has very little if any hope of a future. All back debts must be paid, including some payroll. The huge share structure must be dealt with, and a RS is the most likely scenario, and that will probably cost a small fortune just to get the shell to where it can RS. The looming SEC suit must be dealt with, and that won't happen until late next year at the earliest.
And the real issue with the SEC is something that happened long before most people here even bought in, and no telling how the SEC will view the current share holder rights. The SEC is not interested in share holders, especially in a penny stock. They just want to go after the guys guilty of the charges, and I seriously doubt the SEC will pass on anything to the shareholders. Best case scenario, and it's bad, trhe SEC may move MNTY to the grey market. Even if a ruling came from somewhere that shareholders could be compensated, there isn't monies or assets available to be dispersed.
Jason states he's still moving forward with M99 stores. I don't see how he can pull it off, unless he can raise a lot of funds other than 504. He may be able to secure loans from someone as a possibilty to get everything on track, but my guess is it would have to be a jumbo size loan to get everything paid up, and then the expenses of opening stores, it's not likely, but still not impossible.

[The Original dpb5!]

Thanks for the kind words, puffyk!

I do still suppose that everybody has the option of us all getting together and buy up this shell and actually make something happen with this mess of a company. :)

[dwood]

EXCELLENT post Puffyk.

You have covered it all here. I used to look up to, and defended Phil, but not anymore. I always felt like Amir was a big talker, and nothing else. I am not so sure that anything Amir posted on this board was anywhere close to being the truth.

I have also have come to the realization that Phil was too close to the Broala's and to Desmond, to provide objective information, and if there was any validity in some of the post's that he posted, it should have been released as a press release and not have been communicated thru Phil.

I feel sure that Phil was being used by the Brolas and Desmond both. If it were me, I would dis-associate myself with these crooks as soon as NOW. Who knows, he may have been on the payroll to keep our interest in this stock.

I am sure that you have noticed also that once in a while he would post something that would keep people's interest, but not enough to cause any actions.

I truly hope that MKT99 will come back, and be profitable so we can all recover our losses, and hopefully make some money here.