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Microcap & Penny Stocks : Microcap Potential Homeruns--Credible, and Reporting

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From: dowen2/3/2011 9:06:05 PM
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MRNJ - App company

It's been a long time since I've posted publicly on SI. I found Gary's STVI play and it got me looking into "app plays".

I found MRNJ and unfortunately it soon got pumped by daytraders. The stock shot up to .03 and is now settling down in the .01's.

They put out 100+ apps last month and are trying to do that each month. The apps are mostly videos repackaged as apps, but they sell. They're also working on games now too. Revenues were around $50,000 last month. $36,000 the previous month.

The company puts out a blog here: metatroninc.com

The O/S is high and that concerns me. Anyone know anything about this company or think it's worth my time?

Thanks, glad to be back into trading.
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