Midnight Holdings Group Inc (EM) (MHGI)

A lot of trading the past couple of weeks and increase in PPS.
Is this still alive?
G

Shareholders please share your information with me so I can work on a class action.

It is obvious that the press releases were used as a ploy to keep the existing shareholders in the stock and the price sturdy while the lender and the internal shareholders sold.

#2169547 uruqhart less than a minute ago 1 2 3 4 5
It is a shame that the SEC / FINRA has not investigated Death Spiral Financing (DSF) more and held people accountable for this nuisance financing scam which only benefits the lender and the insiders AND not the business itself. Anyone in their right mind would not go into business or solve cash flow problems using such a funding source especially when it alienates the shareholders and dilutes their own stock holdings, "unless" they were planning on cashing out or liquidating at the shareholders expense. In executing such a plan for cashing out or liquidating would require fraudulent activities to keep the current shareholder base from liquidating, keeping a floor in the stock price.

MHGI had a round DSF and it destroyed the business, at least so they say. Nick Cocco moved on to consulting and only the shareholders got hurt. RICHARD J. KOHL I am not sure where he went, still looking.

However I stumbled over the URL below and they seem to have enough money to run this operation and market the web site.

http://www.allnightautorepair.com/

Can anyone share some insight on what happened?

Nick Cocco who promised so much and put out several PRs does not even disclose his time with ANA / MHGI on his LINKEDIN.

http://riverstarpro.com/nicholas-cocco/

Something smells rotten in ANA / MHGI
How could Nick make all his claims and then it blows up overnight. I would like to see if he and Kohl and others got enriched on the Death Spiral.

Did u hear what I heard? Buyout/merge

what a turd

MHGI: SEC Suspension:

http://www.sec.gov/litigation/suspensions/2013/34-69678.pdf

ORDER:

http://www.sec.gov/litigation/suspensions/2013/34-69678-o.pdf

$MHGI @ .0002!

MHGI @ .0001!

GM Estrella. I hope something good comes from yesterday's volume. My stocks have been very sluggish lately.

MHGI .0001 Huge volume today. Wonder what is up.

We have .0001 bidders again. 3 of them after 16/million traded at .0001.
Still breathing, I guess....lol

I wonder what this information will do to MHGI, if anything?

http://www.sec.gov/litigation/complaints/2011/comp22106.pdf

"A trade of a security or a derivative where settlement occurs on the same trading day. This is fairly unusual; most contracts are settled between one and three days later. Generally speaking, cash contracts are most common in the last week of the calendar year when many trades must be settled sooner to guarantee tax advantages for one or both parties. It is also called a cash trade."

MHGI 6M "CASH" trade...What does the "cash" mean??

Another move from .0001 to .0003 on tiny volume, it's only a matter of time before this moves!

Nice move from .0001 to .0003 on barely anything, it'll be a fun ride when volume returns.

Looks ready to explode upwards. Ask is very thin. Huge bid support.

MHGI @ .0002!

MHGI @ .0002!
AUTO last MM with 280,500 shares, let's go!

great SS here. Spread the word, get thru' those 3's. Some big names follow this one, another convincing day of volume will send it.

Agree. There may be positive news and/or filings on the way.

nice action today, go MHGI!!

MHGI .0003 Heavy volume.

We might be getting close to locking the float down!

Any thoughts on why the bid and ask are so high?

Bid/Size: 0.0001/73,990,589
Ask/Size: 0.0002/3,086,000

The bid and ask are .0001/4,844,800 and .0002/3,336,000. Those are unusual amounts... Another 200 share trade at .0001 took us back down this morning.

Every time this makes a move up a tiny trade will come through at the bid and push it back down. Why would someone keep doing that? Very suspicous. It will be hard to hold this down once the volume comes...

Someone tried to pull it down again with a .95 cent trade.

MHGI @ .0003!

back at 3 again

might be an interesting week here.

mhgi a/s only around a billion once the masses/volume comes in gonna go quickly, just gotta be patience

me too hehe

Oops, forgot markets are closed today!

on monday when market opens

i could see MHGI move forward

during the week.

We'll be seeing .0003 tomorrow, it would be nice if we could get past it to .0004 and so on... Today we had two strong buys at the ask and a very weak sell at the bid to ruin the day.

MHGI looking good

gotta buncha ones

awhile back


i can wait

Moved my bid to 2, etmm relocated, but I haven't been filled. Ones seem improbable now. 1 was on bid til I bid .0002. Still waiting.

MHGI 50% today

I wonder what the chances are of MHGI ever becoming an operating company again or merging with another company? I tried to dig up some useful information and came across investing.businessweek.com which showed up-to-date information that Nicholas Cocco is still the CEO, President and Chairman of MHGI and has been since 2005. He is also involved in several other companies, such as Halberd Corp, which is a reporting, current company that is trading at .05 right now.

Is it possible for a stock to continue trading, even after a company has ceased to exist and everyone involved has moved on to other ventures? If it's not possible, then there must be a reason for allowing a stock to continue trading at such a low value, all the while owing over $100,000 in taxes.

Sorry for the long post, just thinking out loud...

me too, holding a buttload! ;o)

Waiting on some kind of volume to move this.

more movement today

wonder what is going on

There are a lot of people in this, I'm surprised it's as low as it can go. It has "flared up" twice recently so I'm going to hang around till it happens again...

someone trying to push it down with that trade wouldn't put to much thought into it

There's another .22 cent trade at the bid. What's up with this stock!?

who sold at bid

Hi everyone.
I am new on this board. I am looking for information to do my DD. I couldn't find recent information regarding share structure on OTC. Please let me know if anyone has information regarding that.

3's up...any volume now and MHGI could go IMO

I agree