MNS 0.00% 4.2¢ magnis energy technologies ltd

Ann: Nachu Graphite Binding EPC Contract Executed, page-88

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  1. 2,990 Posts.
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    Kn_ght
    We need to careful how we interpret media releases (especially from a spec stock that is desperately trying to get some positive news out there).......MCC is just a construction contactor, and you could literally go to Perth and throw a stick in any direction and chances are you will hit someone working for these type of firms. MNS are paying for a service; it's not hard to get someone to do work for you if you pay them.

    In terms of size, do you recall this 'Agreement signed with siemans', the siemans that has 83bn in revenues and 377k employees....it went nowhere because MNS does not have any $$ to do anything.
    https://hotcopper.com.au/posts/31521031/single
    Believe me, even if MNS only had $5m, Siemans will happily take your money and give you some software....they generate 83bn in revenues by selling stuff to people/companies.....they don't care what you do with it and whether you business succeeds. Don't make assumptions beyond this is a supplier looking for business (look at these claims below on the back of that siemans release)

    @Trommel said he is confident that they will announce a tie up with VW
    https://hotcopper.com.au/posts/31522771/single

    @Riskon22 indicated that the media were discussing MNS in the same breathe as Tesla
    https://hotcopper.com.au/posts/31536475/single

    There are dozens of other examples like this.....make informed judgements and look for tangible results, because we have all been on this merry-go-round before
 
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