easymonee
2 days ago
The value of the stock (100,000,000) shares on the day of the transaction was 700,000, that's why it is listed $700,000 for stock transaction/jersey. Not sure why the inventory numbers don't jive. The 1.2 million is closer to what the actual should be accounting for the jersey at $700,000. The retail price does not matter until it is sold. Then the filings will include that value in Sales.
StockItOut
2 days ago
We find also that Marshall diluted by 100,000,000 shares, then via tweet promised to return to treasury 500,000,000 shares, a net cancellation of 400,000,000 shares.
StockItOut
2 days ago
Per the Quarterly is there an error on listed value of inventory? In Section 5 of the the written description, inventory value is stated as $746,400. Yet the Balance Sheet lists inventory value at $1,269,406.
And further, what about the inventory value of the estimated $5 Million valuation LaBron James jersey recently acquired with 100,000,000 MDCE shares which is shown as an MDCE "stock issued for Inventory" purchase transaction.
Is inventory value based strictly upon only the company's cost to acquire said inventory, therefore the LaBron jersey's estimated $5M not considered, but only the $1,000 stock par value used to purchase the jersey? If so, for accounting purposes the LaBron jersey is valued at just $1,000. Can anyone clarify?
Still though, as above, the discrepancy of the Quarterly's stated inventory value.
.
easymonee
2 days ago
From GROK on the einstein document...The value of the Albert Einstein signed historic confidential document sent to President Roosevelt in 1944 is not directly mentioned in the provided information. However, there is a reference to an auction where four autographed letters from Albert Einstein to his math colleague Herman Müntz are being sold, which could provide some context for the potential value of such a document. Additionally, an iconic autographed photo of Einstein was sold at auction for $125,000 in 2017. Given the historical significance and the unique nature of the document in question, it is likely that the value would be substantial, possibly in a similar range to the auction prices mentioned for other Einstein memorabilia.
StockItOut
3 days ago
No, you lie. There is no post to find. You cannot satisfy your repeated claim that you apologized. Did not occur.
You go find it, and let us know. Cannot, because you did not do it.
You'll spend more time saying you apologized, pretend defending that you apologized, than to just post the link where you claim you apologized, which you cannot and you will not do because your posted apology that you claim you made does not in fact exist. Fact!
And then you still end with insult and fakery.
I own shares.
You're the one who doesn't own any MDCE. You're just hired by Marshall to pump this sheit. Want to go there now?
.
(no need for me to repost if you don't remove my posts, hiding as moderator abusing privileges)
StockItOut
3 days ago
You did the pathetic DD. You stated pejoratively, arrogantly, and dismissively to claim why care about a "rumor" of MDCE pursuing NFTs. When I remembered and I did thorough DD examining about Marshall's actual NFT joint venture agreement, multiple PR's on NFT pursuits, shareholder updates about NFTs, financial filings stating MDCE to be engaging with new NFT business and partnership, tweets about NFTs, and iHub posts addressing MDCE going strong with NFT's.
You proved yourself lame on DD.
Fact!
(You hiding, I won't need to repost if you don't remove my posts)
StockItOut
3 days ago
No, you lie. There is no post to find. You cannot satisfy your repeated claim that you apologized. Did not occur.
You go find it, and let us know. Cannot, because you did not do it.
You'll spend more time saying you apologized, pretend defending that you apologized, than to just post the link where you claim you apologized, which you cannot and you will not do because your posted apology that you claim you made does not in fact exist. Fact!
And then you still end with insult and fakery.
I own shares.
You're the one who doesn't own any MDCE. You're just hired by Marshall to pump this shit. Want to go there now?
StockItOut
3 days ago
You're the Lazy DDer, claiming only a "rumor" about Marshall's actual joint venture agreement, multiple PR's, shareholder updates, financial filings, tweets, and iHub posts addressing MDCE going strong with NFT's. You're just an ego crazy MDCE stock pumping barker.
You proved yourself lame on DD.
.
easymonee
3 days ago
Longs, we have waited 2-3 years for what we are seeing today, with much more coming. Lets focus on what Marshall has accomplished in the last 6 months.
In 25 years of trading pennies, I can count on one hand the number of OTC/penny stocks that have canceled shares and returned them. He is buying assets with shares .10 on the dollar. He has a nice bank of shares that he is using to grow the company, exactly what you want a public company to do.
Let him continue to make things happen. We know we have a merger coming with RGU....what will that be worth to MDCE. RGU already has revenues and rumored profits. With more auctions needing RGU type services we are going to go on a growth spurt.
Start focusing on the good, and you may find Investors being drawn to the company.
GLTAL
StockItOut
4 days ago
Thanks easy, to your prompt thought there was a filing I missed, but see there is not.
Here's the thing. Marshall had discussed cancellation. I think we discussed preferred as possible. When cancellation announcement came April 25th, only 1/4th of the previously proposed share amount, 500,000,000, is now set for cancellation. That's it. Hence the stunned or disappointed silence on the board for days thereafter. Marshall gave no indication that the remaining 1.5 Billion shares will be converted to preferreds, as you claim they will. You suggesting so does not change that.
As to the restricted shares used to acquire assets, those are Marshall's own shares right?
So Marshall is not buying merchandise with MDCE company owned shares but his own shares. He's then giving away the purchased merchandise to Infinite Auctions. So Infinite Auctions is acquiring donated merchandise currently. Sound correct?
Yeah, of course my choice. We'll see. I'm much more motivated.
That last run up was Dr. enhanced into news that materialized dismally (quite little like a mini pump n ______). Share price did not hold and way back down after that run up.
Dr. is baaaaadd news. Hasn't sold a share, but also ego posted about his flipping. PhD in bullshit and hating.
Have been patient yet currently confidence in Marshall is undermined, in part by Marshall previously a generous newbie now by comparison chimping out @500K not full 2 Billion, and, his pumping skankin' buddy.
I do appreciate Marshall's much stronger solid Infinite Auctions website.
And his successes in building a well connected operating expanded business with good sales, some record breaking, and strong merchandise acquisions. Good for him. Announcements of company developments from the company coming soon via PRs, assuming they occur as conveyed are coming soon, 1/4 billion share cancellation, positives. Revenues way down year upon year, Marshall wears hat of near all mngt. And that skankin bro buddy.
.
MITIman007
4 days ago
This was the tweet from April, 2023:
After a successful auction the immediate focus is on $MDCE corporate matters:
-New Website, New Logo and Expanded Company Vision
- Preparing for Full Audits for further transparency and future potential up list goals
- 2.3 billion block to be converted to preferred class
- Reduction in Authorized Shares
- Exploring potential further SS reductions/clean up including potential share cancellations
- Initiate Name and Ticker Symbol change when possible
- Enhanced Branding Initiative
Please note that nowhere does it mention that the 2.3 billion block will be canceled. The cancellation of 500m shares is something new as the plans likely have changed.
As I said a few months ago, I am interested in seeing the next filing for Q1 which should add clarity for where Marshall’s restricted shares are going. If his number of restricted shares goes down because of the Lebron Jersey acquisition, that is a good thing. I suspect that he wants to hold the remainder of the shares (not cancel them all) for other acquisitions. I say “suspect” to be conservative but I hear he does have a merger in the works and it’s not just another jersey or item…just needs to close. Of course if that goes through before the end of the month, we should see that in the quarterly filing after the upcoming Q1 filing.
Perhaps after all the restricted shares are doled out and distributed, then we see the actual conversion of the restricted insider shares to preferred. Just some “speculative” thoughts…
easymonee
4 days ago
Stock, I posted the initial stock conversion info, not the good doc, he was just reposting it for any newbies.
I only posted what is currently being considered, and they are not canceled, they would move to preferred as he has stated many times. This would still be beneficial to SH.
It's clear Marshall is using those restricted shares, to acquire assets.
Lets let him finish the changes and update us, or as you stated you will just sell and move on. Your choice as always.
StockItOut
4 days ago
I did DD. You were embarrassed when after I brought up issue that Marshall should follow-up on past anmoncements, you claimed that Infinite Auctions focussing on NFTs was a rumor, and that I should do appropriate DD.
Anyone doing very basic DD will find some or better DD will find all of Marshall's news announcement and discussions, and financial filings, and tweets, and discussions on this board at the time, of MDCE as Infinite Auctions to take the company in direction and investment in NFTs.
Do some DD, bro!
You're just on automatic insult mode.
Anyone with any sense knows your claims are often mostly full of bullshit, you barking loudly hiding behind insult and false claims of what others said but did not.
As for commenting on your negative insulting skanky posts: I usually won't post here for a while. I come back, and there you are back at it, with bullshit, and insults, and how great you are, over and over, and again, I comment on how you make Marshall look bad, and how inappropriate and useless your posted information typically is.
.
StockItOut
4 days ago
Bullshit! "Possibly an additional 1.5 B converted to preferred per CEO. Float of 910 million, with 400M DTC shares."
Marshall for a year and half discussed reducing commons by 2 Billion, and now he announced just 500,000 to be cancelled. The remaining 75% is off the table. Your false claim of yet an additional 1.5B common share to be eliminated is misleading, just like a fake news pumper.
It's skanky insults and extra pumping where I now consider selling my MDCE that I have owned for years pre merger and again bought more after (that per your standard skanky-nasty style you gaslight to say I don't own).
Marshall buddies with you is confusing, because you sooo make him look bad.
dranesthesia1
4 days ago
Update1....For NEW board participants, MDCE DD current to what is coming in the next week to 30 day days. As well as some speculation that could be huge.
1. Filings out the week of the 15th showing inventory up at least 500k due to James jersey acquisition. Jersey retail est. 5 million. Someone gave up a 5 mil jersey for 500-600k of value in shares WHY?
2. Cancellation of 500 million shares in process. Possibly an additional 1.5 B converted to preferred per CEO. Float of 910 million, with 400M DTC shares.
3. In control of a Jordan jersey worth 20 million retail.
4. Merger with RGU, (realgameused) CEO's private company. RGU is well known in the industry. I have seen multiple high end memorabilia appraised by RGU. Micheal Jackson's glove as an example. This was listed on a competitor's site. Already has large auction sites under contract. Could already be profitable.
5. CEO has mentioned non-dilutive financing as a solution for the NFL licenses.
6. NFL memorabilia licenses, possible 2 this year per CEO.
7. Explosive revenues and profits in a very hot sector (memorabilia)
8. Ceo has talked about adding more assets with his restricted shares. Assets acquired for .10 on the dollar for restricted shares is always good. Example the James jersey.
9. Sector has been consolidating over the last 6 months. MDCE is in a perfect position for merger or acquisition, with no debt and restricted shares owned by the CEO.
Trade like a pro: Leverage real-time discussions and market-moving ideas to outperform.
Dspetry
3 days ago
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