Asian shares are fickle, you buy when they have been throw out with the bathwater and wait for the plug to be installed again. CSNG recently sold shares to an investor for .40 cents. Just gotta wait for the "PLAN". Funny that Mol is being "advised"......................
You heard it here first.
VALUE EXCHANGE SYSTEM FOR USE WITHIN AN INTERNET-BASED SOCIAL NETWORK - Certain embodiments contemplate a computer-implemented method of enabling a value exchange between users of a SNS which functions within the confines of the SNS. Certain embodiments comprise an application which creates at least an interface to the value exchange system, a means for registration to enable users to register with the value exchange system, a means for receiving at the value exchange system, a value exchange transaction between a first user and a second user, wherein the users are members of a same internet-based social network and the value exchange system makes use of the internet-based social network account identifiers of the respective users to enable the communication of value exchange transactions between the users. The application may also create a value exchange means for debiting from or crediting to the value exchange system account of first and second users.
MOLG's patent for "VALUE EXCHANGE SYSTEM FOR USE WITHIN AN INTERNET-BASED SOCIAL NETWORK", which is a method of enabling a value exchange system between users of a social networking service by means of registration and assignment of accounts, has been approved in the United States pursuant to the international Patent Cooperation Treaty, or PCT. MOLG's PCT application with respect to this patent is at the examination stage in a number of other countries.
Im not really sure what to make of this company anymore......it seemed like a lot of young talent that immediately turned into jelly. This is under 100M market cap and they are squandering an opportunity to create a lasting company. Everyone here that wants to support them in the U.S. is baffled by the hush hush nature of the PR department as well as the stock options. Ganesh needs some better advisors. He is failing failing failing when the opportunities are endless for success.
This company should be doing everything to buy under $2 in order to squeeze out the float. Then with good earnings on the next cc, this can shoot past the IPO price and the lawyers can make a good case that the class action is nonsense. Instead, I believe Ganesh has no plan.
So why buy?