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Microcap & Penny Stocks : MDU Communications Inc. - MDTV -- Ignore unavailable to you. Want to Upgrade?


To: scouser who wrote (784)10/22/1999 10:43:00 AM
From: RICE  Respond to of 994
 
You da man Scouser. Great call. Financing is their number 1 priority right now and it looks excellent. I will elaborate later when I have a chance to post again. I had a great conversation with one of the new IR people (Martin Wilder). This guy is good and knows what he is talking about. Day and night compared to the last IR firm. Later.



To: scouser who wrote (784)10/24/1999 4:22:00 PM
From: RICE  Read Replies (1) | Respond to of 994
 
My conversation with new IR went something like this. Once the company recieves financing which they will then price will rocket and more importantly the company will start to grow exponentially. They have 300 buildings on their backlog committed and ready to install and growing everyday. That means big time future revenue and subscribers. With a sign on ratio of 60%. The company is targeting 42000 subcribers by this time next year which would be their break even point. Awesome. Company should be trading at 2.50 right now with 14000 subscribers.

There are lot of good things happening with this company. Financing is their number one priority right now and its coming together nicely with overwhelming intersest from the business community.

Here is the great news. As you can see the price has pretty well stabilized. IR tells me that is because the person who had over 1 million shares has finally sold all his shares. DONE!. He was putting an enormous amount of downward pressure on the stock price. There is no way the price should be where it is. Its ridiculous.

The other great news is that Canada is merging the VSE,ASE and Cdn OTC market together to form one market in which MDTV should get a listing on. This market opens Jan 1,2000.
This will provide company with incredible exposure on its home turf and people will be shocked to learn how low the price is and IMO it will rocket. IMO I say 5 bucks this time next year. Company is poised for a major breakout. Please call IR to verify all info if you like. They really seem like they have a good handle on things. Much better tha past IR. Hands down.