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Maximus Decimus

12/24/13 11:22 AM

#77584 RE: Chugit #77582

and it's funny, I'm supposed to believe all of that, wait, BEFORE the annual statement is out?? LOL, now, I don't expect the bottom line to drop on all of it for just this last quarter, but it's funny that it has already been determined without knowing the POs signed and without the final statement that there is a gross inaccuracy...Why make a judgement on the year before the year is up? Because it's not on shelves? LOL, why does that matter as to if they have received POs? It doesn't. It affects restocking, yes. But so far we have seen the online restock already multiple times. And the latest, painting with a wide brush (rather than target marketing) to give it huge exposure still got them possibly over 100 new customers...FOR FREE!
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sub756

12/24/13 11:45 AM

#77587 RE: Chugit #77582

OK then, if the $20mill proformas are TRUE, then why is the market cap for this MDIN barely over a half mill dollars? Throw a P/E of 10 on this here company, based on 20 mill proforma, and you's be looking at a pps approaching a dollar.
Bottom line...it seems the investing world 'aint buying a $20mill proforma...I WANT REAL SALES AND REAL PROFITS! Not some bs figure on what mdin COULD make.
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cyberbullymouse

12/24/13 12:39 PM

#77596 RE: Chugit #77582

Nope, Nick's claimed revs are an obvious lie. Hence the crap PPS.

But what is very real is the toxic debt overhang of MDIN, thanks to Ray Barton and his dropout puppet CEO.