Chances you have not heard about MECK. i'm really
Post# of 13138
Alan Meckler started out creating and growing his trade show business in the 1990's. He sold that business for $280 million in 1998. Fast forward to today, Meckler is back into the trade show business. He has created bitcoin, 3DPrint, and Robotics trade shows. The trade shows have been nearly doubling in size each year as they continue to gain popularity. Alan Meckler is driven to succeed. He forgave the company's $5.7 million of debt so the company is now debt free and well positioned for massive growth. A couple weeks ago, the CEO bought 180,000 shares of MECK which represents roughly 5% of the float. He now owns nearly 1/3rd of the company. There is only one reason why the CEO would buy so many shares and forgive $5.7 million of debt of a company that has a market cap of under $4 million. Its because he believes that MECK will be worth substantially more than it is now.
Once Meckler grows his trade shows to the size of the ones he sold in 1998, MECK will be trading north of $45 a share. That means that a $1,000 investment today would be worth $70,000
HIGHLIGHTS:
1. Trade shows growing rapidly :http://mecklermedia.com/events/
the growing list means MORE CASH from trade shows.
2. Debt free for the first time in over 10 years.
3. trading on the premier tier (OTCQX)
3. market value about $4m
4. 6m o/s,actual float less than 3m
Almost $4m Net Income(Sep 30,2014),IN 3 MONTHS. vs more than 5m lose(Jun 30, 2014)
over $3 million in cash (when you include the $1.5 mill of restricted cash) (Sep 30,2014) vs negative cash (Jun 30, 2014).
6. "we have produced 15 conferences worldwide in 2014, including Inside 3D printing, Inside Bitcoins, and AllFacebook Marketing Conference"
7. trade shows growing rapidly.Meckler just tweeted that there will be 2500 attendees at next weeks 3D Print trade show. I can only imagine how many attendees will be at 3D Print week in New York....Meckler also just tweeted that the 3D Print trade show in Germany was 40% bigger than last years. $MECK won't be under $1 for much longer. Meckler is well known in the trade show industry
MakerBot and MecklerMedia Team to Bring 3D Printing Experience to Everyone This April
http://3dprint.com/45714/makerbot-mecklermedia/