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Maple Leaf Green World Inc. N.MGW

"Maple Leaf Green World Inc and its subsidiaries focus on the cannabis industry in North America. It operates or funds three cannabis projects, in British Columbia, California, and Nevada. The company applies its eco-agriculture knowledge and cultivation technology to produce contaminant-free organic cannabis products."


NEO:MGW - Post by User

Bullboard Posts
Comment by Veteran1on Dec 15, 2010 5:54pm
299 Views
Post# 17852677

RE: Where's the volume?

RE: Where's the volume?By Recent you mean 2 months ago. If you view the whole report you will see the "seller" bought 200,000 shares back at .10. It was a way to buy back the convertible debt shares so the company could preserve cash for ongoing operations. Indirectly he did profit a bit this time but it was a good move for MPE.
 
Low volume day with sellers not looking at moving their shares out even though we are in tax loss selling season for another week and buyers waiting to pay a few more cents a share once others  make the 1st move.

Potential contract just announced is a good one but many investors are waiting for "Show me the Money" before adding or getting on board as there have been many prior announcements with not as much progress as woudl be liked. The big positive is that MPE seems to have a great China network of connections to the point that  companies are looking for MPE to be that middle man for various operations. Only time will tell. At the market close under 40,000 shares seperate the stock being at .14 versus the close at .12 or a 16.6% gain on a $6000 market order .

Will see if MPE gives us some Christamas Cheer.
Bullboard Posts