Magnesium Technologies Inc. - MGTK Message Board

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Microcap & Penny Stocks : Magnesium Technologies Inc. - MGTK

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To: Benny-Rubin who wrote (16)	5/8/1999 4:22:00 PM
From: Yanni Hufnagel	Read Replies (2) of 53

This is a copy of a great post on Ragingbull by Bobwill- I will try to be as factual as I can here.. hype doesn't get you anywhere in the long run.. If anyone can dispute any of what I'm about to say ,please feel free to do so...I don't want to be under any misconceptions either whae making an investment. First and foremost is this FACT... this is MGTK not ECOI... ECOI had ZERO assets at the time this RM took place... Simply there are a few ways of going public and a RM is the easiest and least expensive way... Cases in point... AQCI...GOAN...HITT... to name a few... Magnesium Technologies has also chosen this route.. This Brand new issue (IPO) if you will has a TON of things going for it....1. Patents on space age technology concerning Magnesium 2. An inventory of $3,000,000 sitting waiting to be marketed as there last distributer went belly up(not because of these bikeframes). 3. A prototype of a portable wheelchair that is being readied for market that will be the LIGHTEST available on the market at under 5 lbs. (Do you think if you were a wheelchair user that weight would be a concern for you when selecting a wheelchair to lug around?) 4.Hints of selling their products over the internet.5. DEBT FREE company with a BOOK value of over .70 6. Testing of magnesium prosthetics... 7. Very few people even KNOW that this company exists yet over 100,000 shares traded today UP 100%. 8. Big stockholders meeting next week with sure news releases to follow.. 9. Past holders of ECOI had nothing and the ones that were going to sell DID... now the remaining ones WON'T until they see what unfolds here. 10.Because of that NO shares available and with float of only 8-900,000 any buying will drive this up to the point that the company needs to be to get listed on NASDAQ (which it announced is one of it's goals) If you ever saw a penny with this much going for it I'd be surprised. Next week should be very nice as more investors notice MGTK and as more news comes out about the potential of the company. MGTK will be worth a lot more very soon! Holding Strong- 11,200 shares! -Yanni

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