$1,672,681,515
An interested third party lay $15 thousand on the table yesterday, launching five simultaneous advertising campaigns for Mundus Group Inc (PINK:MNDP). Official MNDP announcement was revealed to the general public on that same day informing that one of its subsidiaries was about to expand its racing equipment product line. While this piece of news led to a considerable increase in the volume of MNDP stock, it failed to push the price up. The latter remained stuck on the $0.0002 level for the fourth time in a row.
Eight months ago, MNDP stock was traded at as high as $0.0085, i.e forty times higher than its present value. As it seems, interested parties have now embarked on a rescue mission aimed at helping MNDP stock regain value. Given that 0001 stocks are notorious for their extreme volatility, such a scenario may not be completely out of the question, as long as the promotional wave gathers momentum.
MNDP stock continues to be under relatively high buying pressure, whose potential is far from clear. It may jump up on the current advertising program. However, as soon as that potential has been completely exhausted, the price will most definitely go back to its current level. In case that happens, a prospective reverse stock split would be the only way to increase stock value in the immediate term.
Mundus Group, Inc. pretends to be a technology-driven enterprise occupying the aerospace and transportation industries. One of its subsidiaries has been manufacturing racing equipment products for forty years now, while another has taken on the highly ambitious task of constructing a whole new vehicle that would be able to both fly like a helicopter and drive like an automobile.
Unfortunately, the company's financial state as indicated in its Q3 report of 2010 hardly allows for any innovative investments in the near future. As of Aug. 31, 2010, the report reveals:
With 10 billion authorized common shares at hand, MNDP has so far issued 1.3 billion. Therefore, its current stockholders run the risk of being diluted as soon as a new batch of shares has been issued to raise additional capital.
MNDP will have to pay good money for bringing its new-generation vehicle to life. The only problem here is how long it will take to make that long-awaited breakthrough.

Article Comments:
Comment: