SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : 1ST MIRACLE GROUP (MVEE), founders last co. went $0.20-$46

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Suzanne Newsome who wrote (2017)1/14/1999 1:48:00 AM
From: Banditjrjr  Read Replies (2) of 5541
 
Thanks, Suzanne! Not only did he say that they would be filing next month, but I also asked him about going to the Nasdaq. He said their goal is to get there but I think they really need someone like Warner Bros or Sony Pics to buy this movie (speedway Junky) first! Once that occurs and they get some more revenues coming in they will be able to more freely begin picking films for development and be able to raise the stock price! He was very friendly and informative! My impression is that he is willing to do what it takes to get the stock price up where cannon was and when I asked him about seeing cannon stock price levels, he thought that it is not out of the realm of things, but that it would take a couple of years! SO i'm definitely in it for the long haul! I have about 100K shares now and I want to pick up more at these prices!

Oh, I also asked him if it would take a Reverse split in the future to get the price up to the low teens and he said that there are NO PLANS of reverse splits in the near future. And he seemed addement about not doing it at all if they could avoid it! One thing taht is very important is teh funding, if MVEE can hook up with Warner bros for the swinging line of credit , liek they had when they were Cannon (roughly ~$200mil) he said the stock price would not be at $.06. He said that they are planning on meeting with Warner, next month to try and establish this again! Spo let's all pray that Warner Bros. sign up with the G&G boys and I think we will be flying high! So I was very happy with his responses! I just don't understand one thing: With the news that came out today (which I thought was great news) did not seem to spark any interest with the rest of the market! I know the volume was high but the price barely moved? Can someone explain this to me: why the volume was great but the price didn't move much? Does this mean more selling than buying???

Thanks,

John
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext