sctts
4 days ago
Latest MVNT Trades
Delayed by 15 mins
Upgrade to Real-time
USOTC (Movement Industriβ¦
Montage
Buy/Sell Ratio
Buy: 86,880Neutral: 12,000Sell: 94,770
Time Price Size Type B/S Bid Price Ask Price Buy Ind. Total Volume Num Exch.
13:25:18 0.00585 2,000 0.0042 0.0075 193,650 11 nasd
13:03:04 0.0038 10,000 Buy 0.0034 0.0038 191,650 10 nasd
13:03:01 0.0038 36,880 Buy 0.0034 0.0038 181,650 9 nasd
13:02:58 0.0038 13,120 Sell 0.0038 0.0042 144,770 8 nasd
13:02:45 0.004 10,000 0.0038 0.0042 131,650 7 nasd
13:02:44 0.004 41,880 Sell 0.004 0.0042 121,650 6 nasd
13:01:38 0.0042 9,770 Sell 0.0042 0.0077 79,770 5 nasd
13:01:38 0.0042 10,000 Sell 0.0042 0.0077 70,000 4 nasd
13:01:00 0.005475 10,000 Sell 0.005 0.0069 60,000 3 nasd
13:01:00 0.005 10,000 Sell 0.005 0.0069 50,000 2 nasd
12:44:08 0.005475 40,000 Buy 0.005 0.0051 40,000 1 nasd
chemist72
7 days ago
Unfortunately, I have to agree with your assessment.
I'm not expecting any fins this year until some revenues are booked for HiAlloy Valves (HAV).
If HAV can't sell any valves this year, then MVNT may be changed to "shell risk" or just "shell" by OTCMarkets.
However, if Linh files an Annual report, even with minimal revenues*, MVNT should still be able to avoid a downgrade to the Expert Market (EM).
EM would likely be a death sentence for this ticker.
* I remember one year when the revenues were $5,399 in total. LOL
It was FY 2020. See this link: https://www.otcmarkets.com/otcapi/company/financial-report/297752/content
chemist72
2 weeks ago
A side note on the Series B preferred shares.
The 2024 Annual report shows 705,000 preferred shares outstanding as of June 30, 2024. However, if you subtract out the 600,000 shares owned by Linh and Long Nguyen (300,000 each), then in reality there were only 105,000 Preferred B shares still outstanding as of June 30, 2024.
However, it should be noted that the total outstanding shares (OS) have increased by exactly 1M shares since June 30, 2024. This implies/suggests that another 10,000 Preferred B shares have been converted since June 30, 2024. This leaves a total of just 95,000 preferred shares left that are not held by Linh and Long Nguyen. That means if all the remaining preferred shares are converted to common shares, the total OS would increase by 9,500,000 shares to exactly 343,219,882.
All the above numbers are factual and can be found in the 2024 Annual report. The current OS can be found at the link below:
https://www.otcmarkets.com/stock/MVNT/security
Deep_C
2 weeks ago
The masses, including the big private investment firms, are all just sucking the teat of the government controlled monsters, the REIT's, the BlackRock's, the Vanguards, and profiting from their momentum. This new administration is making it crystal clear, that wildcatting, and pioneering in the wilderness, risk/reward and freedom are going to be in vouge and highly profitable again. They need to utilize this investment vehicle that we all bought into, or sell it to somebody that understands how to use it, to the publics advantage.
chemist72
3 weeks ago
Linh has only 2 choices in my opinion.
1) He can continue in 2025 to have just HiAlloy as the sole entity owned by MVNT, or
2) He can acquire Velocity.
In scenario #1 MVNT share price will continue sub-penny trading until FY 2025 Annual report is due in September. I personally don't believe Linh will file any quarterly reports until HiAlloy has some revenues to report. I think the downside share price will be limited to $.001, which is the approximate value of a clean shell with the share structure of MVNT.
In scenario #2, the share price for MVNT with Velocity will depend on the revenues anticipated for that company. For example, if the anticipated revenues for Velocity are around $10M, then I expect MVNT to be valued at a minimum of $.03/share.
I'm sure there are other scenarios possible, but the two outlined above are the most likely imho.
Good luck to everyone in 2025.