Management need to be congratulated. They have convinced SRQ...

Management need to be congratulated. They have convinced SRQ which is in need of every dollar that they can get to convert their loan into MGL shares. As you indicate SRQ must like what they see in MGL for the next 6-24 months.

Combine that with the rising share price translating into a 70% rise from the 0.02 raising which is bonanza time. This augurs well for all of the nervous nellies hanging onto their options for the Jan 2014 conversion deadline. This money will go towards the new plant in China and working capital - strength to strength.

Convert now all you non-believers and rejoice.