Hi Ringtail, As many of us have said previously,
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As many of us have said previously, MPIX is not a short term momo/promo POS. Wealth is built be very few individuals who flip from one momo play to the next. Wealth is built by the risk takers who accumulate large positions in a stock, DD their investment, pay close attention to what management states and executes, and just maybe bank hugely over time. Looking forward to our CEO, Victor Siegel, build the global entertainment monster we are all hoping for.
It sounds like Victor and Saul are finally ready to begin the business execution phase for shareholders. This news might be the end of the admin repair side of things. The importance of the massive share reduction of the last few months is that MPIX is now capitalized with approx 500 mil shares in treasury which can be used for hiring additional talent, projects, partnerships and even the possibility of an acquisition(s). Also, per the last MPIX Shareholder Update, we should expect audited financials to be completed something in Q4. Although it's taken a lot longer than anyone thought, I really like what the new T.E.A.M. management is doing.
Hang tight, stay tuned, I'm told!