$MEGH Consolidates N Drops First Filings in Preparation for R/M$MEGH which consolidated today dropped its first filings near end of day in preparation for the upcoming R/M that SCC will be incorporating into the Custodian.
www.sos.state.co.us
The Authorized was increased to 500Mil to make way for the upcoming company which is standard during R/M's and much much better than a R/S.
What's interesting is the size of the increases suggesting a company of approximate proportions maybe coming into the shell. The O/S and Float remains small and is sufficient enough to move the stock up great lengths.
Preferred shares were also issued supposedly to be given to the incoming directors of the company.
PT: of $1.50-$3 Still in play
MEGH
$MEGH $2.50 in 1997 ATH Now Reinstated/Registered PT $1.50-$3.50$MEGH Has been reinstated and registered with the state of Colorado for the first time in many years. Rhonda Keaveney of Small Cap Compliance has taken over custody of it and judging by how fast they are moving to get it Pink Current after receiving custodianship I wouldn't be surprised if this is the first of their Custodians that they will attempt to bring in a Reverse Merger candidate.
It has the perfect share structure for one and a very appealing past. With no R/S's no major events or A/S increases. The S/S has remained the same for decades.
I anticipate a $CATC type move here or possibly much higher as $MEGH has a slightly smaller S/S of 50 Mil A/S 49 Mil O/S 25 Mil of which are restricted and a 11 Mil Float.
$CATC went to $1.50 We can do a lot more IMO
PT $1.50-$3.50
investorshub.advfn.com
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$MEGH Potential For Massive Gains With Upcoming Custodianship$MEGH Has been getting steadily accumulated ahead of the upcoming Custodianship by Small Cap Compliance LLC's Rhonda Keaveney: www.smallcapcompliance.com
The shell is perfect in every way boasting a massively impressive small S/S: 50 Mil A/S 49 Mil O/S 25,800,000 of which is restricted and a 17 Mil or less Float.
The stock has been moving upwards the last few days and is in breakout mode on the charts. I anticipate a move to around .25-.30 the day of the Custodianship announcement and a slow move to over a $1 in the weeks after. The small S/S is perfect for a major move and presents immense trading opportunities. All IMO.
PT: $1+
