let's do math. math is fun and easy.
Market cap as of October 29th...at
.0004 was $20k.
MHYS is getting $500k
500/20 = 25
25x.0004 = .01
even a quarter of that is .0025
We're not, I bought the last of the .0004s on the ask before close on friday so we are currently at .0004X.0005. As of right now, The company has had no shares left to sell for well over a week and probably 2 or more. And won't have any more to sell until the 20th of this month at the very minimum. So for the next 3 trading weeks there is no further dilution possible.
And it's very simple why we are here. More traders have been selling into the bid and stacking the ask than buying on the ask and helping to lock float. If traders start to buy on ask we go up, if traders keep selling into the bid and piling up the ask we go down. With exception of the Company not making "KoolAid", which they shouldn't need to as the filings are as good or better than most Pink sheet's PR releases, they have ZERO to do with it. And Just because they increased the A/S doesn't necessarily mean they have to sell the shares or even keep the A/S that high. If Company is able to pay off looming convertibles before it comes due with any profits the current projects may produce, the CEO may be able to reduce the A/S to protect his own investment.
Great post bud! Very informative
If you cant understand why then you shouldn't be trading.. Especially after we just got an 8k which paints a CLEAR picture why the price is currently as low as it is... Don't expect the price to stay down here now that they've negotiated financing terms.
Oh yeah, we're getting $500k too.
https://twitter.com/doebop/status/528271904382406656
Couldn't edit post so here is the link.
MHYS lots of eyes on this one!!@@ there's gonna be one more big push on this one !@
Quote:
CEO Grodnik answered shareholder questions about profit on finance deals on upcoming movie projects.
where can we find CEO's answers to these questions?
Quote:
if u don't understand english please do not reply my post
me feel sorry for people reading you 6370 bad english posts
me understand english well, just not your version lol
MHYS - Multy-bagger
Should run hard here until Nov 17th. Where new O/S comes into effect. (not entirely sure they will be issued.) However New shares due to financing deal do not come into play until July 30th.
I see them issuing only if they come across a new big name project & need financing. (Assuming no revenues from existing projects)
Filed 8K
Link: http://biz.yahoo.com/e/141031/mhys8-k.html
as stated by LongInvestor
Two very good things from this financing deal.
1) The 8% Convertible note is not exercisable till 30 July 2015. The shares cannot be traded till 180 days after that date. So none of those shares can be sold before the end of next year.
2) The warrants that were issued cannot be exercised till the 5th (fifth) anniversary of the date they were issued! ( Will any of you still be here by then?)
Its all there folks - see for yourselves.
http://www.otcmarkets.com/edgar/GetFilingHtml...D=10275242
CEO Grodnik answered shareholder questions about profit on finance deals on upcoming movie projects.
Thanks to doebop for info
Link here: ps://twitter.com/doebop/status/528271904382406656
In my opinion this is going to be a fun ride here. Going to buy more this week. Remember to take profits on the way up & if you can, play with free shares.
possible we almost at 0.0002
why we are here at 0.0003x0.0004?????
if u don't understand english please do not reply my post
400mils at bid that was fake and pink's game, now 0.0003x 0.0004 , 0.0002x0.0003 soon , 10bils share is waiting there,
From a technical standpoint need to establish new support at .0006 which is 50dma. Also the ema20. From there if the market excepts this financing deal and they finally start pumping some solid Prs, next major resistance is 200dma @ .0033. Next week should be interesting.
So you won't be posting here anymore, right?
Yes, those who understand the 8k filing and previous DD will accumulate while nay sayers keep spinning the same montra.
$MHYS
Great Synopsis, that should be stickied. Many great things happening, and shareholders will be rewarded. Stay tuned, news and events unfolding. GLTA MHYS
Mammoth Hefty Yield Soon
it appears ceo intents sell shares more than bring this company to the moon man! ITs dead! PERIOD
MHYS LOOKIN READY TA MOVE! $$$$ lotta big name actors involved!
Current Report Filing (8-k) "Edgar (US Regulatory)" - 10/31/2014 5:02:09 PM
Information Statement - All Other (definitive) (def 14c) "Edgar (US Regulatory)" - 10/31/2014 11:35:29 AM
Quarterly Report (10-q) "Edgar (US Regulatory)" - 10/20/2014 4:40:34 PM
Proxy Statement - Other Information (preliminary) (pre 14c) "Edgar (US Regulatory)" - 10/20/2014 8:14:57 AM
Notification That Quarterly Report Will Be Submitted Late (nt 10-q) "Edgar (US Regulatory)" - 10/15/2014 12:23:45 PM
StocksImpossible.com announces one of their biggest stock alerts of the fall coming Tuesday October 7th, 2014 at market open. "InvestorsHub NewsWire" - 10/6/2014 9:34:59 AM
Information Statement - All Other (definitive) (def 14c) "Edgar (US Regulatory)" - 10/3/2014 8:00:06 AM
Proxy Statement - Other Information (preliminary) (pre 14c) "Edgar (US Regulatory)" - 9/23/2014 5:25:42 PM
Amended Statement of Ownership (sc 13g/a) "Edgar (US Regulatory)" - 9/17/2014 11:36:53 AM
Statement of Ownership (sc 13g) "Edgar (US Regulatory)" - 9/15/2014 4:35:52 PM
Current Report Filing (8-k) "Edgar (US Regulatory)" - 8/12/2014 4:24:35 PM
Statement of Ownership (sc 13g) "Edgar (US Regulatory)" - 8/7/2014 9:15:51 AM
Quarterly Report (10-q) "Edgar (US Regulatory)" - 7/21/2014 3:49:00 PM
Notification That Quarterly Report Will Be Submitted Late (nt 10-q) "Edgar (US Regulatory)" - 7/15/2014 2:39:23 PM
Quarterly Report (10-q) "Edgar (US Regulatory)" - 4/21/2014 12:24:39 PM
Mutual Fund Summary Prospectus (497k) "Edgar (US Regulatory)" - 3/17/2014 5:27:02 PM
Annual Report (10-k) "Edgar (US Regulatory)" - 3/17/2014 5:26:16 PM
Mutual Fund Summary Prospectus (497k) "Edgar (US Regulatory)" - 2/28/2014 4:28:01 PM
Mutual Fund Summary Prospectus (497k) "Edgar (US Regulatory)" - 2/28/2014 4:28:01 PM
Notification That Annual Report Will Be Submitted Late (nt 10-k) "Edgar (US Regulatory)" - 2/28/2014 4:27:39 PM
Mass Hysteria Entertainment Signs Joint Venture to Launch Live Event Company "Marketwired" - 12/4/2013 7:00:00 AM