they keep saying that but it never materialize. They will find a reason for not meeting the goals and issue themselves new free shares and new batch of promises for the suckers (shareholders)
The important question is why are they selling? Does that mean they are raising cash because they found acquisition target? making 1 to 2 millions in one time deal is not going to raise MLNK stock price much but a the right deal will
they had 1 major customer who every time mlnk was close to making profit that customer demanded and got discount. Now they lost bus from that customer they are working on right sizing. Also they have cash for profitable acquisition and they can use NOL
Rewards for the good job they have done for shareholders. They pay nothing for the shares. It is well earned by them for making us rich. Only in America
will they make a move now?
My thinking about this stock that it require some more patiance. Fixing this company will take some time. The only problems I have with the company is the lack of transparency by design. The Hedge funds that control this company don't want us to know what is going on. They will try to shake us before the large move up and they can delay the move at well. The hedge funds got the info and we have none and it is against the intent of regulation FD but it is legal. Also hedge funds could engineer another way to fleece us. I'm holding to my stock now if that helps you.
Rewarding themselves for all the money they "managed" to disappear from the company. Who said crime doesn't pay. I think he meant crime pay twice. You take some of the money that dissappears and u vote ur self a reward for "dissapearing" the money. y else would they get those free shares? show me one good thing they did
Money disappear every now and then where does it go? nobody could trace the money uncollectable ((fake) loans and accounting problemsm bribes etc. are they financing crimes?
here are a list of things they did: 1- Bribing officials and paying hefty fines for that 2- Alleged loan to farmers in 10's of millions uncollectable (I doubt they lend the money but the money dissapeared kuke what they announced today) 3- Inventory and accounting problems (Very fishy. Smell of fraud is too strong) 4- Nobody investigating (not strange with history of bribes)
AOI come up with those kind of discrepencies every few years and they always say it is unique. If it happens with these frequencies it is not unique. I think this is criminal organization that steal money regularly and they should be investigated. Does the money support criminal enterprise? are there US officials getting kick backs? too many unanswered questions. Some hedge funds might be involved. where is the SEC?.
They deal with farmers but they also process and supply 1/2 the tobacco of the world to US, Europe, Japan, china etc. They have 5-% market share and UV have the other. They can be as profitable as UV but they need to be run properly. They r small cap too
Why do not they acquire AOI (tobacco). It is a turn around story and has potential to earn up to $8 per share if run properly?
it seems they keep the information only to the insiders. something is fishy here. they borrowed money that they r not using and pay interest on it. why borrow?