Replies to post #73 on Michelex Corp (fka MLXO)

[ecp1976]

I'm hoping it comes back soon as well. Hoepfully next week will be a nice bounce. I think it has found a bottom. Even with a 24 million float, it's way smaller than most pennies and it should have a run next week. I don't see it going much lower but you never know.

Eric

[VST7]

Called the T/A Today the O/S has gone up from
86,660,323 to
88,347,309.
The Restricted shares have stayed the same at 62,321,923. So that means we have seen the float increase to 26,025,400 up from 24,338,400. Up almost 2 Mil in a week. Lets hope the Dilution stops. I have called the Investor Relations guy for MLXO several times and left several messages with no reply, here his number 832-689-4922. Maybe if he starts getting a ton of calls he'll get off his lazy arse and return some phone calls. Hope this one bounces back I averaged down again today,only to watch more dilution. Seems like when this hits the SHO List the company is helping bail out whoever is shorting this by dumping new shares, just my opinion.