The Medipattern Corporation V.MKI

MKI... will be back to 25 cent

[Hereyougo]

They will close placement at 25cent in June...

[segltech]

What is the basis of your comment

[goofenoff]

LOGIC  past trading experience. Most SP drop back to PP value. In this case .25 is the value put on shares to raise up to $5m. MKI valued the SP at .25 cents. SIMPLE

[BigDolphin42]

Goofed off read the NR again.  And.......no that is not always the case with share price.  I have seen companies pp at a certain number only to see the sp double 3 days later so quit with the negatively. ..

[drilltip1]

ya but if he quit the negetivity he would no longer be a basher who's goal is to shake out as many shares as possible so him or his boss can scoop up the cheepies. Story hasn't changed here folks, I stand corrected it has got bigger, today's tiny pull back is what happens when a stock rally's 40 % over a few days nothing more.

[goofenoff]

Sorry if I came across negative. Just posted my personal opinion on the question ask. BigDophin You are correct with pointing out that exceptions and a rise of SP couldl happen. I would love to have that happening  with MKI as I hold a huge number of shares as a core position here. To be honest so, I did sell some at open for .30. Same share amount will be bought back on Friday when shares

[goofenoff]

drilltip you have me wrong. Truth will prevail IMO, goofy

[drilltip1]

Below are your words Besides the expantion of business the NR also contains the following PP to be seriously contemplated for any investor as it dilutes the shares drastically; As a true believer this is what you should have said or something like it. Right on people great news minimal new shares and more money to work with, got to like how they are doing this. It's not pumping it's

[xsnrg]

Be careful goofy these guys are after you now.  Apparently a dilution which almost doubles the share count is nothing to be concerned with and should not be mentioned on this board.      In my humble opinion it is a valid concern that should be discussed.  We all knew they would need cash this year and a partnership/dilution is certainly a neat option.  I see both

[syiena]

I have to agree with goofy on this one.   I"m a full supporter of MKI - but after seeing today's news - even I have to be realistic here.  The SP could drop back down the the lower .20s.   People shouldn't freak at the thought of .20 again.  After all, we were just there last week lol.   THis company will do well, it's just not going to be a fast trip to

[bullchart]

Yes that is possible.. just that I suspect we will see .36-.39 before .20-.22 again. We will see how many is sold under house 1 but everyone knows any weakness will be bought up. Markets still on an uptick so MKI will hold in there and if we get a break of that .305 this will move into the mid .30's. I like the chart on this one as the RSI moves gradually up.