agree Gull
MCX should be $1+ on its cash and investments position.
the way I see it it has a $3 million MC against $5 -7 million worth of cash and investments. it also has a spectacular reserve of tax losses to use against future profits.
the new mgmt team look the goods to use MCX as a platform to build a very nice business model based on their work over the last few months.
great buying under 50c.
Ann: Change in substantial holding , page-8
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