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Movement Industries Corporation (PK)

Movement Industries Corporation (PK) (MVNT)

0.012
-0.0005
(-4.00%)
Closed October 15 3:00PM

Professional-Grade Tools, for Individual Investors.

Key stats and details

Current Price
0.012
Bid
0.0102
Ask
0.0149
Volume
219,939
0.0101 Day's Range 0.012
0.0052 52 Week Range 0.031
Previous Close
0.0125
Open
0.012
Last Trade
85400
@
0.012
Last Trade Time
Average Volume (3m)
136,304
Financial Volume
US$ 2,639
VWAP
0.012

MVNT Latest News

Movement Industries Corporation Announces Joint Venture Alliance With an Excess of Ten Million Dollar Contract

HOUSTON, TX -- June 29, 2023 -- InvestorsHub NewsWire --  Movement Industries Corporation (OTC PINK: MVNT) (the "Company") has announced that it has completed the formation of a...

PeriodChangeChange %OpenHighLowAvg. Daily VolVWAP
1-0.00074-5.808477237050.012740.01520.01011767810.01350487CS
4-0.007-36.84210526320.0190.0250.01011951640.01687247CS
12-0.0035-22.58064516130.01550.0250.01011363040.01787715CS
26-0.006-33.33333333330.0180.0290.011640840.01650921CS
52-0.016-57.14285714290.0280.0310.00521411350.02052861CS
156-0.0425-77.98165137610.05450.06640.0033158330.02494495CS
260-0.0068-36.1702127660.01880.11990.0035817400.03565979CS

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MVNT Discussion

View Posts
Adjustedtosteep Adjustedtosteep 2 hours ago
Right after HT sold it ran. Best of luck Toes
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tmcfo tmcfo 2 hours ago
Good for you but you have missed the soon upcoming run up to .06 plus
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chemist72 chemist72 7 hours ago
Shit show last 2 weeks for sure.
Before that MVNT traded mainly between $.015 and $.022 for about 6 months.

Good luck to you. 250K is still a lot of shares. If price can recover to ~$.04 that will be ~$10K worth of shares.
👍️ 1
Captt Captt 7 hours ago
Good luck Toe Tapping we will see how this unfolds
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Toes Tapping Toes Tapping 7 hours ago
I have 250k left just in case? I will buy more if any/if good news ever comes out MVNT has been a shit show last 1year
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don estaban don estaban 8 hours ago
Wish you luck to bad they could never turn this around,you all finished selling?
👍️ 1
Toes Tapping Toes Tapping 8 hours ago
Thats been me dumping shares for the last 2 months had to get rid of 2million shares my avg. was .03 been holding for 4 years. sold between .02 / .012 figured a little of something is better than a lot of nothing. Good luck to all! PEACE!
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CHILLWILL1704 CHILLWILL1704 12 hours ago
anybody home---hello, anybody home
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CHILLWILL1704 CHILLWILL1704 12 hours ago
dead meat and im not talking about me
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gemstone57 gemstone57 13 hours ago
Interesting do we go sub penny before company opens communication?
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gemstone57 gemstone57 1 day ago
Yep…Drill Baby Drill
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CHILLWILL1704 CHILLWILL1704 1 day ago
Big news a comin when Trump gets in---thats what Lihns waiting for---cant you guys figure that out--lol
👍️ 1
gemstone57 gemstone57 1 day ago
Don’t expect any till news/filing breaks. I bought more last week and probably will continue until that happens.

They invested a lot of money getting this public certainly not to trade at this current level.
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sctts sctts 1 day ago
There are NO new buyers
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chemist72 chemist72 1 day ago
Thanks gem. Good to know.

Seems someone is hoping for a big sell off before fins are released.
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gemstone57 gemstone57 2 days ago
BID 1.01M @ .oo87
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chemist72 chemist72 2 days ago
Approximately 16 days until "grace period" starts.

C'mon Linh. Give shareholders a Halloween treat.
At least give us an estimate (soon, next week, etc.) when financials will be filed! -LOL
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don estaban don estaban 2 days ago
Not looking good here !!
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tmcfo tmcfo 4 days ago
I am still in the green but there is not enough volume to unload..I wonder why the Chinese duo went public. A real shame to since they will be the biggest losers if they don't deliver.
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don estaban don estaban 4 days ago
Incredible how mgt. Does things here to be honest this is the only time in 4 years concerned they might just let it go ! Time will tell took 75k and will lose 30k so still up 45k in 3 years on mvnt oh well
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tmcfo tmcfo 4 days ago
You are being kind…
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don estaban don estaban 5 days ago
Absolut garbage ,for a public company !
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CHILLWILL1704 CHILLWILL1704 5 days ago
shoulda woulda coulda--is our company motto
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chemist72 chemist72 5 days ago
Not too deep. LOL

Just refreshed my memory on current and previous OS data, recent and previous revenue data, and recent and previous share price performance.
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gemstone57 gemstone57 5 days ago
Thank you for sharing your thoughts. Looks like you dove into this pretty deep.
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chemist72 chemist72 5 days ago
Thanks for your reply. My hopes are similar.
$5M is a little beyond my comprehension. Like I said, $2M-$2.5M annual revs (projected) for 2025 would meet my best expected forecast for FY 2025.

We are already almost 4.5 months into FY 2025, so one might think management could have a revenue projection for FY 2025. But knowing MVNT like we do, they would most likely not share any revenue projection for 2025 with us lowly common shareholders. LOL
👍️ 1
gemstone57 gemstone57 5 days ago
Actually I was hoping for $5MILL along with an official JV announcement but key word is hoping LOL reality is more like SOSDD
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chemist72 chemist72 5 days ago
I have some comments on your hopes for huge revs.

First, without any revenue increases in Q3 or Q4, I can practically guarantee that MVNT share price will go sub-penny.
Second with even a small revenue increase in Q3 and/or Q4, MVNT share price could increase back to the $.03's.

Finally, I don't know what you mean by "huge revs", but I would be satisfied with revs in the $500-600K range quarterly ($2M to $2.5M annually).

Of course, even better than revenue increases would be a merger or acquisition of Velocity Manufacturing by MVNT.
This was supposed to happen back in 2019!! lol
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chemist72 chemist72 6 days ago
My own honest appraisal of MVNT share price potential.

Several caveats first.
1) My price range estimates are based solely on annual revenues.
2) I have calculated approximate price per share to revenue per share ratios. Then I used multiplication factors of 1:1 and 4:1 for share price to revenue ratio.
3) As a side comment I note that MVNT has at least two big pluses compared with most OTC tickers: First, MVNT has a low number of outstanding shares compared with most OTC tickers, currently ~334M; second, MVNT share dilution has been very low (in my opinion) compared with most OTC tickers (~17M shares added from 2020 to 2024, mostly from series B preferred shares conversions as far as I can tell).

Given the caveats above here are my revenue numbers and share price ranges below:

Annual Revenues Low price (1:1) High price (4:1)
$1M $.003 $.014
$5M $.015 $.06
$10M $.03 $.12
$50M $.15 $.60
$100M $.30 $1.20
Some observations.
Currently MVNT is in the high range of current revenues of ~$1M. When MVNT share price was in the $.03s about a year ago, I believe that was due to speculation that revenues in 2024 would be higher than $1M. Back in 2021 when MVNT hit its all-time high of $.1199, I believe speculation was running rampant that revenues would be in the tens of millions. It was also during a time when many OTC tickers were running hugely on speculation.
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gemstone57 gemstone57 6 days ago
We know they suck at filing and communicating let’s hope they show some huge revs.
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don estaban don estaban 6 days ago
This stock is dead,no news nothing from MGT. Blocks on the ask what a shame
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GLee17 GLee17 6 days ago
That is good, i figured they would ramp it up as much as they dislike Florida.

I am ready to retire also, at least from my day job.
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Adjustedtosteep Adjustedtosteep 6 days ago
20241009|MVNT|174000|0|409200|O
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Adjustedtosteep Adjustedtosteep 6 days ago
Yeah right...I think they are overstaffing this one. My 30 adjusters just got changed to 60, but the winds are decreasing. Down to 120 mph now and central pressure has grown from 917mb to 948mb so it is weakening.
Go MVNT. I'm ready to retire
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GLee17 GLee17 6 days ago
Adj, you need REO Speedwagon’s song, Riding the Storm out tonight. Be careful, that is such a beautiful place or was.
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gemstone57 gemstone57 6 days ago
Has anyone called ???
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tmcfo tmcfo 6 days ago
The Chinese/Korean restaurants..lol
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CHILLWILL1704 CHILLWILL1704 6 days ago
Does mvnt have any thing worth selling that no one else has.
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CHILLWILL1704 CHILLWILL1704 6 days ago
no question, they are incompetent and a tumor to this stocks performance
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tmcfo tmcfo 6 days ago
He will be 100% better than current management!
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tmcfo tmcfo 6 days ago
I agree with you. Running a public company is over their heads and they should hire a new Ceo who has the experience to drive company over the hump.
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tmcfo tmcfo 6 days ago
We have known this for 5 years..we have been hoping to be disproved for 5 years and it hasnt been the case as of now
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gemstone57 gemstone57 6 days ago
Hire Adjusto! He will get the job done $1.28
CEO Adjusto
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don estaban don estaban 7 days ago
Sure is looking that way! Hire some ceo who is hungry pay him or her well and chill
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Captt Captt 7 days ago
This ain’t no Vietnamese restaurant, I think the two brothers bought a clean shell had some worldly ideas and thought it would be easy to run a publicly traded company. They had Sami for awhile with a wealth of experience in the field but nobody talks about him anymore. They talked about merges with other companies but that silent too. We’ll see if anything is filed soon but I think the trip to Belize has been put off until further notice.
Praying for the west coast of Florida
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chemist72 chemist72 7 days ago
Maybe FMDK is right? Maybe MVNT management is incompetent?
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tmcfo tmcfo 7 days ago
They are also fxxxxx themselves as they are the largest shareholders..why go public if they don't defend pps. Pathetic is a kind word
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Infinitygold Infinitygold 7 days ago
$MVNT management - doesn't give a """" for its shareholders.........pathetic company!!
👍️ 1
CHILLWILL1704 CHILLWILL1704 7 days ago
adding mvnt to my list of deplorables---lets face it brothers our odds of success are very low.
👍️ 1
chemist72 chemist72 7 days ago
Sub-penny looking more and more likely.

Very sad.
👍️ 1

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