Another tough week both for the market and for MKD.
The end of the summer was definitely a bad one. First we had a bad month end of August, and then the freefalling Dow early this week. Any company releasing news this week would still have been slaughtered.
As was pointed out in the Insider, we are at the start of the fall market. The fall usually starts with a rally, as everyone is back from holidays and are now ready to concentrate on their investing. Let the trend be your friend. So this start of the fall rally is the slingshot I think they will use for announcements.
There is no question MKD would like to lift their share price. They have started promotion, and I think maybe they would have released news this week, but saw the weak market and waited. Good Idea.
Some investors definitely picked up a deal at .10 I wish I had the money or I would have invested yet again.
You see, this is a real deal. They ARE raising money, they HAVE contracts negotiated for all the equipment, they HAVE orders for CDs, they HAVE a building lease arranged, this IS a very lucrative business. They WILL show an operation that will justify a $2.50 share price. I don't know when the announcements will come, but they WILL. I THINK it will start next week, but it has taken longer than I hoped before.
But don't miss out. The money you make when the price goes from .12 today to the price you eventually get it at in a bidding frenzy after an announcement will cover the carrying cost, even if the announcement wouldn't come for 12 months.
Please call Lawrie at 1-800-338-7844 to get the details on how close they really are.
We are definitely closer.
Ted |