sell 500 shares of a $300, overpriced, bubble busted large cap and buy 300k shares of a undervalued nanocap is what is going on.
Maybe another party wants a piece of the company... Darren wouldn't sell the company so this is the other option...
sell 30M shares to you know who (AMAZON) at $1 a share and they (AMZN) own 30% of a company that they are about to make wealthy... the shares are diluted but $30M in cash hits the bottom line and they don't have to go through a PIPE and lose/pay $3M to an underwriter... make sense or did i hit my head?
for 1/3 of the company i would think 2x, 3x isn't out of the question. the stock was close to .80 a few months back. would things have been valued differently then? the stock price doesn't always reflect the true value...
in light of all the new buyout clauses, etc that they just put into place plus the phantom buyer of millions of shares the past year, i think something is brewing...
'therefore, we'll become more public'
I feel this is going to work out nicely for current longs. I'm opening my wallet come Monday. The Kool-Aid taste great!
of course you were "hoping" for a stock repurchase. what else would you expect from a company sitting on $1.5 million in cash? sound logic there! i see this differently and welcome another chance at the low .40s, upper .30s.
"Allied with Google, NVIDIA, Amazon, and our global network of publishing partners, GameSmart is pioneering the de facto input standard for the next generation of gaming and input devices"
The stage is set for easy pickings next time around, which will probably be next week haha.
Its coming from the new shelf registration. How would that make you feel?
who knows what is going on. i'm glad i've owned this stock for 10 years and have a clear pulse on the ethics of the management/CEO. besides maybe milking the cow on salary and special travel and entertainment perks, as SGJERRY has lamented upon, i haven't seen/witnessed anything that is alarming or abusive to shareholders. i think this S-3 is a strategic move to partner with a larger company by selling off 30% of the company. they'll pay about a $1.50 a share for that 30%. a win win for both parties.
Would anyone like a hit?
how about this? Would gamers want the products that MCZ COULD MAKE with the right capital? And, would a large company see this opportunity and invest with MCZ? ...a large, international company that MCZ is already supplying? ...a large company that wants to move aggressively in the video game market via tablets, smart phones and TV boxes. Just seems obvious to me. I bet AMZN already owns 4.9%.