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db7

01/27/11 4:52 PM

#25666 RE: Lone Wolf #25664

the 12% change of ownership transaction would have been done via a private transaction imo.. they'd never do it all through the open market UNLESS they were just dumping their position to get out
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aceydeucy

01/27/11 4:56 PM

#25667 RE: Lone Wolf #25664

Well -- I mostly agree

The only flaw I see is that the insider sale was in pieces of $0.0023, $0.0025, and $0.0027 from a sale last week for an average price of $0.0025 and a little more than $80k was gained. So, I don't see the value in the sale (other than pulling some $$$ to cover a required fee for this or another business); and not much of a chance or motive to move shares outside of Manatuck.
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$Green$

01/27/11 6:01 PM

#25669 RE: Lone Wolf #25664

All I can go by is what I am seeing from watching this closely and buying shares myself the past few days.

Yesterday, UBSS was on the bid @ .003 for an hour getting pounded with shares, more shares then I've seen on the bid in this stock in weeks. Then when more folks got on the bid, there was a mysterious 22 milli buy from .0034 to .004. Was it UBSS?

Today there he was again, UBSS first in line @ .0041 soaking up shares all day. He finally got off the bid at EOD today after buying copious amounts on the bid for 2 days straight.

UBSS is a Chicago trading firm.

Now I will see if one of these occur tomorrow morning:
1. There is a PR and we all go nuts,
2. There is more buying with no PR,
3. There is not much buying and no PR,

I think in the case of #3, we will settle around .003, at which point I will buy more for sure and hold for the earnings report and/or a PR/8-k of some sort.

All of this is just my own opinion, of course
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Slyder75

01/28/11 5:42 AM

#25675 RE: Lone Wolf #25664

I've been around this play for over year during the last run, and bought in based on management, interviews conducted, their track record and the earnings shown 3Q 2009.

Don't hang your hat on the earnings coming 4Q 2010. In fact, they've all but said they'll be a clinker.

1Q & 2Q projections are outlined as in the PR. Backlog is 2.7M, and it takes time for delivery of the product.

For the relationahips built, this has been way undervalued. Management indicated that their distributors have quotas for this year, and if memory serves correct at this morning hour, that it's 25 systems = roughly 18M in sales and consumables.

What I find extraordinarily interesting is that Manatuck just disposed of a bunch of shares, then stepped up and exercised 32M warrants to move their holdings over 100M.

This move has occurred for no obvious reason in the marketplace. However, the volume prior to the move had been steadily increasing, moving the stock sideways or down. Volume for MONTHS had been 1-4M, and suddenly, for about a 2 week stretch, the volume was 10-15M with no real launch.

I say all this having been here for a while...a long while!
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Lone Wolf

01/28/11 2:03 PM

#25767 RE: Lone Wolf #25664

How SWEET it is! ;-)

Go MCLN! Makes ya go hummmmm?