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Many Bright Ideas Technologies Inc V.MBI.H

Alternate Symbol(s):  MBGNF

Many Bright Ideas Technologies Inc. is a Canada-based company. The Company is focused on commercializing alternative non-medical technologies. The Company has not generated any revenue.


TSXV:MBI.H - Post by User

Comment by tdgecmaon May 30, 2013 10:46am
164 Views
Post# 21460604

RE: RE: RE: RE: Under a dime shortly!

RE: RE: RE: RE: Under a dime shortly!

-Thanks for mentioning my name.

-I am not selling. My wife was pushing me to sell at 20, making a profit of ~220k, but...

-I consider MBI my 6-45 ticket.. Hard to find something similar on this market..

-I put the money where my mouth is !...

-I like the first quarter results !.. We can wait for the "launch"...

-Mr. Broshko has become a “scrooge” !...

MBI incurred a loss of $78,414 ($0.00 per share) for the three months ended March 31, 2013 compared to a loss of $121,296 ($0.00 per share) for the three months ended March 31, 2012.

General and administrative expenses, including non-cash share-based expenses associated with the prior issuance of stock options and foreign exchange, were $78,414 for the three months ended March 31, 2013 compared to $121,296 for the three months ended March 31, 2012, representing a decrease of 35%.

As such, as of May 28, 2013, MBI had cash and cash equivalents of approximately $470,000.

Way to go BOSS !...

Cheers

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