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Microcap & Penny Stocks : Microphonics Inc. (mrps) -- Ignore unavailable to you. Want to Upgrade?


To: Bill on the Hill who wrote (658)2/27/1999 12:02:00 PM
From: hoffy  Read Replies (1) | Respond to of 8189
 
After doing some research this weekend on this stock I am not selling it for a very long time. This is one I bet we'll see go onto the NASDAQ board eventually and start selling in the 20-30 range. That is of course a long way off but that is down the road what I foresee happening. Their product has so many uses. Not just in the car industry. ANy plant that uses machinery can use this. I can see so many businesses finding a use for it help them find leaks, deformities, etc. This will be a monster industry. MRPS's main problem will be keeping up with the productivity and expansion so they can make all of the devices that are ordered.
I hope the stock dips a little next week so I can buy a ton more but I don't really see that happening. I think we saw the last time that this stock will be under $1. I bet $2 and 3 come very fast now.



To: Bill on the Hill who wrote (658)2/27/1999 12:24:00 PM
From: SteelerStu  Read Replies (2) | Respond to of 8189
 
MUST READ !!!!!!!!!!!!!

I just talked to Mr. Gayle and I wish I didn't already have a second mortgage on my house.

Shares:

Less than 4,000,000 in float.
Previous IR firm definitely owes them 1,400,000 shares back per NASD. That's 1.4 mil which comes out of the float, almost cutting it in half. In lieu of returning the shares, they must pay in cash. This IR frim was the one that tried to sell the 270,000 in open market last week which was cancelled. I think he said they were trying to hold the shares down by shorting to no avail. They will be forced by buy and return the shares and we will all profit big.

Brokerage interest:

He said that no less than 12 big brokerage houses either called him or came to see him in person. Many were already taking a stake in the company. All of them said that when the stock hit $3 they would retail it. Mr. Gayle said that he would align with one of them at the right time.

The Big Release:

Will be big credibility. Will be released on Monday. Most likely in the afternoon. Almost definitely not before the bell. Just waiting on PR approval from the other company.

Numbers:

Profit margin is 34%. He states right now, the company could only handle up to $30 mil in production revenue, even though the demand is far greater. He has a major accounting firm helping him with the funding and business plan to greatly expand production.

Reoccurring revenue comes from the annual upgrades of the software which incorporates new ultrasound signatures as well.

No shares will be issued to fund expansion or for any other reason.

Competition:

NONE. Actually one industrial competitor with mcuh outdated equipment and twice the cost. No automotive competitor. He thinks it would take 2-3 years for the competition to reach the marketplace. Can you spell M-O-N-O-P-O-L-Y.

Whats's Next:

He confirmed the Army Corps. of Engineers in bonkers over this product and this will be stated in an upcomming release.

The 1998 numbers will be out next week I believe, and a week later will be the 1999 projections. Including deals not yet released.

In 2nd qtr. or 3rd qtr. he is looking for a major automotive retailing chain to sign a deal for distribution.

WHAT MORE NEEDS TO BE SAID.