People keep relying on the fact that MK is involved in this stock. I also note MK always buys a little before each capital raising perhaps to push the price the up through getting shareholders to think things must be looking up.
One succcess for MK does not guarantee others.If he was not involved people would view this stock very differently imo.
The issue about capital raisings other than the fact they kep needing one is it keeps diluting what little cash flow and assets this company has. Owned this stock in the 30s pre consolidation and sold it a couple of months after at breakeven when i realised the 500K production goals had no link to reality.
I agree with those saying be careful
MON Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held
