Let me get off the fence here.
I am extremely bullish on MKD.
I have significantly increased my position since I heard about the CD deal. It might still be speculative, but what should I invest in . . . gold stocks?
Just to clarify, the bulletin wasn't a news release. It was an information bulletin sent out to shareholders to provide more background to the December 19 release. And to warn them to stop selling when there is this good deal on the table.
I have been accumulating MKD steadily since it dropped to .11 to reduce my average cost. The 15,000 I bought yesterday @ .06 helps a lot! (Thanks to whoever) As I see it, it is now as cheap as a shell, but it has:
1. A restaurant Point Of Sale system they are marketing,
2. A working parking lot management system, (but no salesman)
3. A $1 million deal to sell the French rights on #2, and
4. An active deal for CD manufacturing that can net them $7 million per year.
I've bet my RRSP on MKD, and I get real nervous about it sometimes. But if the numbers are there my math gives it a cash flow of $7 million, which flows over $.80 per share, and potentially at least an $8 share price! For that, I am taking the risk.
I can understand (barely) someone saying they'll wait and see, but I can't understand someone deciding to sell!
Good luck
Thanks, |
