I taint going up because of two things in the near future
The revenue is so low it barely keeps the lights on
A cap raise is imminent
I haven't included any share deals, con notes, conversions or other BS they've come up with for paying the light bill. Fact is, standing on the outside looking in, the only money I'd throw at it is the loose change from the ashtray because I'm prepared to lose that. By the way, when I sold at 1.5cents near 2 years ago some clowns in the stock jockey club thought I was nuts ...... but here we are, same ole same ole with MEM lower than then.
Costs $4million a year to keep the lights on, every now and then some new face comes and an old face goes. The new faces bring enthusiasm and a few stock buying mates (even loans to the company), a lil blip on the SP and ya'll sing Kumbaya around the MEM campfire but like a hangover from a party the reality is ..... cap raise, dilution, note conversions, loans and a buffet of financial life preservation is this stock's hallmark.
