MMZ again pretty much a shell, doing a deal with HS, we don't know what, when or how.
Could be doing a back door listing with them, how will it happen, how many shares/dilution to do it.
How would we even attempt to value this now without details, probably as high a risk if not more than RTL huge speculation and possible huge returns based on the valuation of Zynga
But how is it to be done we don't know. online games, and everything we have talked about is endless, never ending applications as we know. it could be quite a while till we can work out how to value it. But huge interest, huge speculation, good vol and trending up. Why does HS need MMZ? well I don't know the plan they have, obviously they have one, easy listing, shareholder base, maybe easier to list o/s, is there a requirement to be listed for a period of time in order to list in other countries, will a listed company here make it easier to list in o/s markets, think it could.
To value we can use Zynga I suppose, wouldn't mind 5% of theirs.
Still many questions, wish I knew the answers
there you go BB, see if this is complained about I was trying to make a point about different risk in different stocks, seems I cannot mention other stocks yet some can on a constant basis. Will have to do a search of my posts to see what other stocks I was comparing to
MMZ Price at posting:
1.9¢ Sentiment: None Disclosure: Held
