Bullboard - Stock Discussion Forum Omni Commerce Corp CCTXF

Consumer Cyclical Luxury Goods

"Mezzi Holdings Inc is a brand management company, which is engaged in the sale and distribution of various consumer products and fashion accessories. Its segments include Mezzi, which includes leather goods; MLine, which includes luggage and cases, and Capital Eyewear, which includes hand-made eyewear. The company is also engaged in the business of producing, developing and marketing different... see more

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Omni Commerce Corp > mzi - question

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Post by 2015ideaman on Jun 06, 2017 7:09pm

mzi - question

could ideaman put in a bid of say .0001 and then wait to see what happens with mzi.....or does the stock get delisted when no trading occurs...

does anyone out there know what happens when a company is in a position of not being traded, that is there are no buyers....thanks for your insite into such an event....cheers from ideaman

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Comment by Montrose9 on Jun 06, 2017 8:48pm

Pretty certain some party is buying alot of shares with a purchase plan. My fear as a shareholder is the company gets taken private down here. If there is something worthwhile then we could watch an IPO at 50 cents with no ability to participate

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Comment by ctblizzard on Jun 06, 2017 10:46pm

Looks like FordVictoria has been a big buyer. might be making the buying look bigger than it is. it is my understanding that once someone gets 10% they are a reporting insider. I have seen no insider trading in months. Even though Ford things different accounts make it so you can own more and not report that is not my understanding. But you do make a good point. Generally speaking though ...more

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Comment by Montrose9 on Jun 06, 2017 11:17pm

No way to know but it seems to me the heavy volume the last few weeks means the shares have been under accumulation. Shares usually drift lower on declining volume in general and there has been no uptick which could could trigger pennyflipper profit taking. Gotta believe somebody wants to hold a substantial portion of the float

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Comment by deet on Jun 07, 2017 8:10am

FordVictoria has been doing a lot of the buying.

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Comment by ctblizzard on Jun 07, 2017 8:44am

Correct. If what he says is true a lot of the buying was him/his other accounts. This to me is a negative (nothing against him). However some 45 million shares traded since KR unload in March and its not all him. We need a cash plan and more operational details. 23 more days max to see the Greyhours "Sales Channel" due to be up in June. Aug 30th for financials (annuals) . Sept 30 ...more

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