Is the information the company released recently "fluff"? Or are they simply updates to the shareholders about their progress to make MediaG3 into a real company? I think MediaG3 is simply informing us when they can about their progress to turn this into a real multi-million dollar company.
What kind of press release were you hoping for, honestly? What were you wanting to hear? It seems you thought the company would release some press release of a buy out or a major patent infringement case.
The progress of building a real company is a slow process and although MediaG3 has not released the information everyone expected, the company is working towards big goals and thats all I need to know that I am not investing in a pump and dump fake company.
It seems like you are simply just trying to flip this stock and have no long term goals with it. This is not a stock you flip if you want to make real money. Many of us on this board have a long term objective with this stock and have acquired millions of shares. My entire point of "creating a position" is when you have a set goal to be locking up your money for a long time. You cant find a bottom, so you gotta start somewhere. If you think you will be a "bagholder with hope" by averaging down with this stock, then you obviously don't think this company has anything for yourself and you should not have invested in this company in the first place because this is a long term play.
Market cap being 2.5m with incomplete financial stating 11m in assets. I find the downside to be minimal. Nobody really knows what the bottom is, but it seems we are already there or very close to it based on the asset value of company.
I say you may pay a premium because after you really know the true value of the company, you will have to pay a large premium to own any of it. The entire point of owning MediaG3 is to be apart of it on the ground floor. The ground floor being a relative term. There is simply a large difference in thinking between many of the investors here and the flippers. The difference between .002 or .0005 may seem alot to a flipper but real investors that are not swayed by daily price action take it as an opportunities to buy more shares.
Just because you "predicted" the stock going down twice does not mean it will go down 3 times.
Your welcome to state your opinion, but your opinion is based on a flippers point of view and does not relate to all big investors view of this company.