RE: RE: RE: If you look at the level 2JRBuck: don't get too excited.
"I read just today that a similar stock on the OTC went from 92 cents to $28 dollars in a matter of a month just from a $41 million dollar deal with a chinese company."
Was a scam perpetrated by an ex board member and IR personal of MPE. Michael and Jessica have both been arrested and charged.
The insider buys although a good sign is the new stock promoter and his buys were 100% of the volume on the days he bought. Look at it this way the money that we pay him just went into buying stock its a wash.
The $2 million you refer to is soft dollars, that is they get the cash if they if the fulfill the contracts, past history tells getting the contracts filled could be tough. Of the $500k just announced only $22100 actually came into MPE as a deposit.