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Sub Penny Stock Forum Sub Penny Stocks trade at prices from .0001 to .01 are very volatile and fun to play. You can make huge gains fast and loose your money even faster. Sub penny stocks are very risky to play so be careful and as always make sure you take a profit.

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  #1  
Old 04-16-2010, 01:32 AM
pennybuilder pennybuilder is offline
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Default MUTM - Mutual Merchant Services, Inc (PINK Stock)

New CEO appointed and possible Reverse Merger!! MUTM was recently added to the Naked Short List. See:

Quotes, Company Info, Filings, News, Short Interest - Mutual Merchant Services, Inc. - MUTM

and click on News

MUTM was purchased by Josee Goudreault, a multi-millionaire and owner of Chic Management (Chic Management), which has offices worldwide. She has recently appointed a new CEO and is working on updating the company's information and website. PR expectly shortly regarding the new CEO and direction of the company. Details on the purchase can be found here (page 8):

http://www.otcmarkets.com/otciq/ajax...d.pdf?id=26946

Current S/S as of 4/15/10:

From: "Kevin Halter Jr" <kevinjr@stctransfer.com>
Number of Authorized Shares: 3,400,000,000
Number of Shares Outstanding: 3,379,648,348
Restricted Shares: 2,018,024,664
Float: 1,361,623,684

Mutual Merchant Services, Inc.
2780 S. Jones Blvd #3505
Las Vegas, NV 89146
State Of Incorporation: NV
Year Of Incorporation: 1998
Company Officers: Josee Goudreault, President
Number of Employees: 11
Estimated Market Cap: $665,895
Transfer Agent: Securities Transfer Corp (Email: stc@stctransfer.com)
Legal Counsel: Oswald & Yap, Lawyers (of California)
Phone: 702-979-4664
E-mail: ir@mutualmerchantservices.com

About: Mutual Merchant Services is a single source provider of financial services, providing a variety of products and services to merchants, financial institutions and banks, by offering credit and debit card acceptance, check guarantee, check verification, check conversion, check 21, advance funding, ACH check processing, and prepaid and bill pay services, in addition to point of sale software and terminals.

Some recent historical data:
MUTM.PK 2010-03-29 price: 0.0001 range: 0.0001 - 0.0002 volume: 83.99M market cap: 330.04K
MUTM.PK 2010-03-30 price: 0.0001 range: 0.0001 - 0.0002 volume: 130.77M market cap: 330.04K
MUTM.PK 2010-04-01 price: 0.0001 range: 0.0001 - 0.0001 volume: 8.52M market cap: 330.04K
MUTM.PK 2010-04-06 price: 0.0001 range: 0.0001 - 0.0002 volume: 22.13M market cap: 330.04K
MUTM.PK 2010-04-07 price: 0.0002 range: 0.0001 - 0.0002 volume: 1.43M market cap: 660.09K
MUTM.PK 2010-04-08 price: 0.0002 range: 0.0001 - 0.0002 volume: 425.65M market cap: 660.09K
MUTM.PK 2010-04-09 price: 0.0003 range: 0.0001 - 0.0003 volume: 332.94M market cap: 990.13K
MUTM.PK 2010-04-12 price: 0.0004 range: 0.0002 - 0.0004 volume: 822.3M market cap: 1.29M
MUTM.PK 2010-04-13 price: 0.0002 range: 0.0002 - 0.0004 volume: 173.18M market cap: 660.09K
MUTM.PK 2010-04-14 price: 0.0003 range: 0.0002 - 0.0003 volume: 70.19M market cap: 990.13K
MUTM.PK 2010-04-15 price: 0.0002 range: 0.0002 - 0.0003 volume: 41.85M market cap: 660.09K
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  #2  
Old 04-16-2010, 11:47 AM
pennybuilder pennybuilder is offline
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Default Re: MUTM - Mutual Merchant Services, Inc (PINK Stock)

Up 50% today! :D
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Old 08-11-2010, 05:08 PM
pennybuilder pennybuilder is offline
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Default Re: MUTM - Mutual Merchant Services, Inc (PINK Stock)

O/S: 3.38B
Restricted: 2.02B
A/S: 3.4B
Float: 780M

Taken from MUTM Mutual Merchant Services, Inc.: Reporting Status, Officers, Directors for Mutual Merchant Services, Inc. - OTCMarkets.com and from an email today from the TA who can be emailed at kevinjr@stctransfer.com

According to Nevada's SOS, there has been no amendment, so the O/S is accurate. Do the math, 446M in volume today, up 200%. What will tomorrow bring?

Link to Nevada SOS for MUTM:

Entity Actions - Secretary of State, Nevada.
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