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Posted On: 06/16/2017 11:32:49 AM
Post# of 848
I think it has already gone as low as its going to go. There has been massive buying well above .0025 since Feb, up as high as .034. Once buyers are sure that BS retail selling games are over, there are many signs it will race back to test .10 as a new higher high. Look at the volume and price charts for this year and going back 2011 for clues.
I think the only reason we are not at .034 again already is some late share conversions before April 1st this year had not yet made it to the retail market, perhaps some contractors, suppliers that MVTG paid with shares before April 1st, were slow to get the shares converted and just sold in recent days and weeks since the 10-Q was filled. There may not be any of them left.
There should be no more than about 149 Mil shares in the final float the rest of this year. the rest are MVTG CEOs shares, they own the other 52%, and they are not selling. In fact they can not sell with out prior public notice.
Take the >10 Million in revenue MVTG has now since she bought AWS, and use a market cap multiplier, or use 2 million in projected profits times a PE of say 30, and you get a stock that should be back at .20 today.
Right now buyers are waiting to see if the sellers are done. We rallied to .0049 yesterday before some ass dumped shares at the bid in the last 2 minutes before the close yesterday. I bought half of those
Been accumulating MVTG shares since 2009
All of my chemical engineering experience as a consultant and all my patent experience and political experience says that MVTG technology will become a billion dollar technology.
I think the only reason we are not at .034 again already is some late share conversions before April 1st this year had not yet made it to the retail market, perhaps some contractors, suppliers that MVTG paid with shares before April 1st, were slow to get the shares converted and just sold in recent days and weeks since the 10-Q was filled. There may not be any of them left.
There should be no more than about 149 Mil shares in the final float the rest of this year. the rest are MVTG CEOs shares, they own the other 52%, and they are not selling. In fact they can not sell with out prior public notice.
Take the >10 Million in revenue MVTG has now since she bought AWS, and use a market cap multiplier, or use 2 million in projected profits times a PE of say 30, and you get a stock that should be back at .20 today.
Right now buyers are waiting to see if the sellers are done. We rallied to .0049 yesterday before some ass dumped shares at the bid in the last 2 minutes before the close yesterday. I bought half of those
Been accumulating MVTG shares since 2009
All of my chemical engineering experience as a consultant and all my patent experience and political experience says that MVTG technology will become a billion dollar technology.
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