Financials
Year-end and quarterly results are not good. MV is gonna have to go to the market for more funds.. 10.8mil in losses, 3.19mil in revenue (+/-). MOS is taking too long to realize new revenue and new contracts. Even though card revenue is increasing, it is only 1 segment of their total revenue stream, the rest not increasing much at all. MV's last 2 NR's regarding revenue increases were misleading. Sold 1/2 my position today. On the bright side, MOS is dead in the water for the rest of the year. On the bad side, they do a raise at 0.10/shr or less. On the horrible side MOS closes the doors. I'll take the loss and make it back somewhere else.... Cheers Not good, any way you look at it.