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 : MDMI - Italian Bakery Extraordinaire! -- Ignore unavailable to you. Want to Upgrade?


To: Richard Nisbet who wrote (3282)7/22/1999 3:25:00 PM
From: TraderGreg  Read Replies (1) | Respond to of 3584
 
Actually Coach you're close. A 500% increase from .17 would bring the stock UP .85 to a price of $1.02.

Maybe they meant a 500% increase from the time they sensed that they should be the IR firm for MDMI and those sensations, since they emanated from themselves, helped contribute to that increase?

What do you think?

In any event, a more reasonable thing to give credit to Two Trades is that the stock has not pulled back to the sub-nickel levels as it did several times in the past.

TG



To: Richard Nisbet who wrote (3282)7/22/1999 4:09:00 PM
From: Marc Stager  Respond to of 3584
 
Coach, I brought up the same point a few weeks ago,

This was La Guardia's/Two Trades' response on June 17:

"La Guardia GFS began conversations with MDMI in early January of 1999, the stock was trading under $.03/share. We consummated our agreement with MDMI on the 10th of March 1999, when MDMI closed at $.03/share. We have seen the price climb over 400% since this point in time, and we have continued to HOLD and acquire, without selling a single share."

You can draw these conclusions:

Either #1, When LG signed on, but before they officially started repping MDMI as they announced in their press release, they quietly approached a good number of investors and drummed up interest in MDMI making the stock climb.

or #2, After months of comatose trading and sub-nickel prices, Dana's announcement that MDMI was hiring an IR firm caused a surge of optimism causing the stock to wake up.

or #3, A combination of both.

My opinion, #3, heavily weighted to #2.

______________________________________ Marc Stager



To: Richard Nisbet who wrote (3282)7/22/1999 5:35:00 PM
From: Due Diligence  Respond to of 3584
 
>>>I remain long and strong. <<<

Me too. Entered MDMI the second time in the .03-.05 range. Long before any I/R firm and when the stock barely traded. Saw the potential then and have continued to remain a shareholder based on the products of which some I have tried, the reputation of the company with the institutional users in the DFW area, the CEO and his past track record, the stock structure, and the releases being issued. As for the I/R firm. I could care less. But still think what we have now is better than what we had before; lower stock price,barely trading,no releases, no new avenues for distribution, no new additions to the product line, and dead silence. Prefer to let the company continue the building process, which is evident, and continue to keep the investors appraised though the releases being issued.
Batter Up,
DD



To: Richard Nisbet who wrote (3282)7/22/1999 5:54:00 PM
From: two trades  Respond to of 3584
 
From La Guardia GFS:

(Our most recent post from RagingBull):
From La Guardia GFS:

We appreciate your due diligence efforts. Once again, we do not recommend calling any of MDMI's clients, as this can be prohibitive to their relationships. We would encourage you to make all inquiries directly to La Guardia Global Financial (800.292.1361 or comercio@doscomercios.com).

The best due diligence you can do is go down to Albertson's and see for yourself...maybe even buy some biscotti and make your own opinion.

To answer your question, MDMI is currently selling products to 9 Albertson's stores in the Dallas area. These products are being sold at Albertson's in-house coffee shops. MDMI is shipping pastry products, which are shipped fresh and not individually wrapped. Therefor, they do not bear the MDMI name or logo. The individual locations do not order the products, as this is handled from a corporate dept in charge of all of Albertson's in-house coffee stores. This may explain why the receptionist at the individual store you called may not be aware of MDMI.

MDMI recently sent Red on White signs to Albertson's corporate offices to put in their stores per Albertson's request. MDMI further confirmed today, "They [Albertson's] have standing orders."

We appreciate your interest, and encourage you to check us out on the Internet at twotrades.com.

Sincerely,

Phil Hernandez
Public Relations
La Guardia GFS

EOM

PS - Richard, we signed our agreement with MDMI on the 10th of March (the stock closed at an even $.03/share that day). The Press was not released until a later date, due to strategic planning, associated with the complete development of our web site. Our track record stands as previously posted. I feel that it more than speaks for itself (the stock closed today at $.13x$.15, representing between 333%-500% increase since our coverage began). I might also add that we have clients who have seen returns from MDMI stock in excess of 600% in the past 120 days!