Ann: Extension of Non-Renounceable Entitlement Offer, page-8

This is not very promising to say the least! I am still very optimistic, but I understand those that want to jump ship. If Mr Fantastic is right about it falling lower, and this is possible, then selling maybe a good idea. Then buy back in at a lower price, doubling your investment. If they extend again after this, it is possible they will do an institutional raise.

What's the hold up on getting deal signed? This is why I would not dump much more than $20000-$30000 in a penny stock! Especially one with a history like MGU. Great potential, so let's see what comes in the next few weeks.