The DTCC chill I thought was over by someone posting a report on another board that did not include MCLN. I just saw, however, someone complaining about TDAmeritrade on the MCLN board last week, so I guess it's not over, or takes a few weeks to get through the system.
Anyways...
I've had my eye on the Southridge equity financing agreement of 180M shares. I think those boys are your darkside, and stirring the pot for a run. IMO, it could run to .03 before complete collapse.
I've googled Southridge's toxic nonsense, and IR for MCLN assured me those clauses don't exist in theirs...
However, MCLN management comes from Nasdaq and ERES, where they took a co. from 42M to 1.5B market cap. They think like the big boards, but I think Southridge knows the evil game in OTC land, and drove the PPS where it is today. It will rise, IMO, and give those another opportunity to exit.
No more than $2k on this play is worth it IMHO.
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