Megola Inc (PK) (MGON) Share Price

This plays well on reducing the potential impact to the Outstanding Share count when you consider this ONE sentence in the news release.


Both companies can now manufacture and sell all Medesol product recipes globally.


This is likely the biggest financial return identified in this announcement that the market will not understand IMO, meaning that BC retained the rights to sell and manufacture MG "product recipes". Code for, they got the special sauce formula and the return of the 45,000 Preferred D shares back.

My gut tells me this is a much better deal than it was looking like last week.

My take on the falling out.

We appreciate all BC shareholders' inquiries, but let's all just move on and not delve into any drama regarding the revised amendment with Medesol Global. Fact, we simply have differences in business ethics, so we've parted ways with Medesol Global owners. We got everything we demanded. Done!

Code for, MG wanted to change a "signed" deal and after doing so, BC realized they couldn't continue with a partnership when you have partners that had NO business ethics. Meaning if you're not going to honor the agreement, you part ways.

Bottom line doesn't matter how profitable a business deal looks, if you can't trust your relationship, you MOVE on. I've seen this movie play out too many times.

Nailed it!

As I posted last week:
That said, what we do know based on the company releases is that the investor reached an agreement and given the way they cleared the debt and retained their shares would demonstrate that the investor knows something that the market doesn't, given he is likely tied to a piece of the profits going forward[/b]. Which in my camp tells me a lot.

Company verified:

BC maintains Winner Medical Co as an exclusive client, while MG takes on Jeterex LLC and Pure turf solutions clients. Moving forward, MG only receives 20% royalty based on the manufacturing costs of Medesol blends produced by BC.
Note: the large investor concern was related to Medesol Global's internal issues, nothing to do with BC at all. The new agreement supersedes all others.

Now we wait to watch the Winner unfold.

DONE! Keeps getting better!

We appreciate all BC shareholders' inquiries, but let's all just move on and not delve into any drama regarding the revised amendment with Medesol Global. Fact, we simply have differences in business ethics, so we've parted ways with Medesol Global owners. We got everything we demanded. Done!
GO $MGON
Bill2

Wow. Lots of moving parts here.Looks like we keep the Winner!
From X

BC shareholders: Summarizing the latest info. BC & Medesol Global have parted ways. Both companies can now manufacture and sell all Medesol product recipes globally (BC seperately has their other IP blends) Medesol returns 45,000 Pfd D shares, which if fully diluted, would have represented 450M common shares valued at current PPS approx. $5M. BC is relieved of approx. $40k owing MG along with canceling of a $25k note owed to a MG owner. BC maintains Winner Medical Co as an exclusive client, while MG takes on Jeterex LLC and Pure turf solutions clients. Moving forward, MG only receives 20% royalty based on the manufacturing costs of Medesol blends produced by BC.
Note: the large investor concern was related to Medesol Global's internal issues, nothing to do with BC at all. The new agreement supersedes all others.

While I can't speak to the size, after looking at the number of team members listed on the updated website, it is getting REAL!

This is getting very huge and very real. These board members aren't here to screw around. A few new names since I've last checked. The rapport of these guys shouldn't be taken lightly.

It's unfortunate that a few folks here still believe "I'm screwed" and can't understand what is taking place with this company.

Learning that we are close to rolling out a pilot program means we have some time to NOT chase this one just yet. That of course assumes you can even buy any real volume of shares down here. As long as management continues to provide a few breadcrumbs, the harder it is going to be to find any REAL number of shares to buy under $0.02 IMO.

Hopefully something happens this year.

This is getting very huge and very real. These board members aren't here to screw around. A few new names since I've last checked. The rapport of these guys shouldn't be taken lightly. With a board like this one, the O/S, the products, the deals/partnerships, I've changed my mind from "this could go parabolic" to "Parabolic is in the rear-view mirror".

Imagine a sports car. Fast, sleek, clean. Now add multiple rockets to the back of it. Now add rockets to the rockets. Then throw NOS in each rocket just for the hell of it. That's Breakthrough Chemistry if all goes according to plan.

Timing is everything.

It seems to have been quickly resolved with the large investor of Medesol ( Johnston?) which is great going forward.

Experience tells me that this likely unfolded over several weeks if not a couple of months, once the Winner deal got legs. It also tells me that the investor was trying to do an end run when he/she learned of the potential with IP and had a change of heart in the funds advanced. However, it's just an "educated" guess on my part.

My gut says the investor was Simon based on his background and given the fact that he was on the board. Which would also line up with "As a result, the owners of Medesol Global, who held key positions at Breakthrough Chemistry, felt this added distraction along with other personal reasons, they were unable to fulfill their board obligations to BC and subsequently resigned."

That said, what we do know based on the company releases is that the investor reached an agreement and given the way they cleared the debt and retained their shares would demonstrate that the investor knows something that the market doesn't, given he is likely tied to a piece of the profits going forward. Which in my camp tells me a lot.

By the way, if you haven't looked at the updated "team members" on the website, it's worth the time.
https://megolacorp.com/team

There is a face I haven't seen before today.

I'm curious to see (and I'm sure others are feeling the same with what I've gathered) if MedeSol/Johnstons were the ones wanting to seize control of the company. That's what it's seeming like to me when I read between the lines, but then again, everything is a conspiracy to me. I'm glad it was handled so swiftly and confidently and I'm glad they addressed the shareholders on this quickly. This management team doesn't belong in the OTC. Get this stock to NASDQ and fortune 500 already.

ITYS - I'd imagine he's still lurking and will likely resurface here soon. I'm not sure if many of us have dueled with him. He's always been very bullish on BC ever since I showed up to this board around 2020 or so.

I've been updating my very patient wife on what the company is up to and explaining how all of this works and we are both very excited to see what comes of BC this year alone. We've been holding for 6 years and it's been a rollercoaster haha. GLTUA

Another week almost gone by...getting closer to the prize...can feel it...$$$😉...GLTUA

It seems to have been quickly resolved with the large investor of Medesol ( Johnston?) which is great going forward. 
And as you suggest they have probably made an arrangement of sorts on the potential Winner deal. 
I guess the large investor wanted a bigger cut especially if they have provided the chemistry and can see a juicy contract in the works. 

Good luck to those of us who have been here for years and even duelled with ITYS. Where is he? I miss his caustic wit😎

My gut tells me Q1 2025 is going to be an eye opener!

What is interesting is how and WHY this was likely resolved given how this is worded:

eliminate all debts to MedeSol

While at the same time:

agreement allow us to reclaim all our shares

Knowing the company likely didn't come up with the required cash (lacked the ability) to clear the debt and was still able to still retain all their shares in MedeSol, would suggest that the new agreement was satisfied under a percentage of sales (royalty) under a deal with Winner. This would mean the MedeSol "large investor" sees value in the Winner deal as opposed to trying to gain control. Interesting!

This is directly tied to the recent step down. End of Story!

these revisions to the agreement allow us to reclaim all our shares, eliminate all debts to MedeSol, and retain our control over the global production of the IPs we originally acquired from MedeSol. We are now uniquely positioned to innovate and expand independently, while continuing to deliver our advanced solutions to customers.

Several months ago, BC was made aware of a concerning situation involving Medesol Global and a large investor into their private company. This investor has been attempting to gain legal control over the company, including its intellectual property and patents, both current and pending. Over the past several months, BC has made efforts to mediate the relationship between the investor and Medesol. As a result, the owners of Medesol Global, who held key positions at Breakthrough Chemistry, felt this added distraction along with other personal reasons, they were unable to fulfill their board obligations to BC and subsequently resigned.

Exciting times. Imagine once ticker, name change, and uplist are official and we are hit with Winner Medical news. Oh my heart!

BREAKING NEWS: Breakthrough Chemistry, Inc. (formerly Megola Inc) has announced revised terms of its licensing agreement with MedeSol Global, Inc "We are thrilled about this new chapter, marking a clear separation from MedeSol," said Robert Gardiner, CEO of Breakthrough Chemistry, Inc. "these revisions to the agreement allow us to reclaim all our shares, eliminate all debts to MedeSol, and retain our control over the global production of the IPs we originally acquired from MedeSol. We are now uniquely positioned to innovate and expand independently, while
GO $MGON

Yes, your sentiment is exactly what I took from their post on X. Letting folks know they are getting close…maybe they were expecting to be a little closer at this point? But they are starting to show a card or two and letting those following know that things “are” moving forward.

I’ll be here waiting…and adding down here!

This is the part I find interesting.

Breakthrough Chemistry wishes our esteemed Chinese business partners at Winner Medical Co. a Happy Chinese New Year! Winner Medical Co. will be closed for the holidays, and we will resume our discussions for the live diaper pilot trial after the holidays end on February 12th.

Given how management has been so closed mouth, I find the timing of this announcement acknowledging Winner as a "business partner" under what appears to be come kind of negotiations for a "pilot trail" program interesting to say the least. This would support that Winner and Breakthrough are likely close to taking the next step, but that they are on hold.

Considering China closes down this time of year, and the recent departing of the CFO/COO would tend to support that our CEO is frustrated and wants to let shareholders know he is close to inking a pilot program.

The joys and frustrations of working in China.

Breakthrough Chemistry wishes our esteemed Chinese business partners at Winner Medical Co. a Happy Chinese New Year! Winner Medical Co. will be closed for the holidays, and we will resume our discussions for the live diaper pilot trial after the holidays end on February 12th.
#ChineseNewYear #BreakthroughChemistry #WinnerMedical #BusinessUpdate

https://x.com/megolacorp/status/1885108667974025322

Yesterday it gap up to open at 0.0147 and closed at 0.01445, today it gap down open @ 0.01235, who knows tomorrow will gap up again MM’s know something news will come early next week. Those that sold on the low 0.0101 will regret for there losses or does anyone think they trying to cover shorts, before the symbol and name change, also could be mm’s correcting their inventory for the name and symbol change and moving into the new OTC tier.
Good luck to those on the
GO $MGON

Only thing I'm worried about is if MGON goes up before my funds are available. Trying to nab some last-second shares as fast as possible before the wave happens.

Not even much volume. But as you know, it moves up or down on very little. If we saw 400k in buys in one day we would be back over .02. Just waiting for ticker and name and uplist here. Winner Medical news will surely follow.

Downward pressure today, but keeping it above the threshold. Interesting. Perhaps somebody isn't happy about the management team shake -up (or shake-down depending on your perspective).

Back to trips? Hopefully good news is coming!

Another irrelevant spam/basher post from the iHub reputation-ruined basher.

Shoon you are back bashing the company, I bet huge news are coming very soon.
GO $MGON
Bill2

Johnston makes bribery felon their president at MedeSol and Williams begs the Judge to allow him to serve as their Medesol president rather than serve time to society...https://www.law360.com/articles/1364277/attachments/0
Next thing you know, they are hooked up with Gardiner and bringing the Medesol sham to $MGON...Beware!!!!

Identical 28 day claim with Johnston's and Williams' Medesol product
https://irp.cdn-website.com/c83c0c78/files/uploaded/Medesol%20Product%20Sheet.pdf
How can anything Johnston and Williams produces or claims be trusted?

"made false claims and fabricated a study about a disinfectant that could kill the virus on surfaces for “28 days or more.”"
According to the city of Los Angeles
https://www.reuters.com/article/world/us/los-angeles-sues-antibody-test-broker-wellness-matrix-and-executives-idUSKBN23335R/

CoronaCide (product invovled in scam)...Author: Jeffrey F. Williams...Safety of MACS- treated soft surfaces for skin and respiratory exposure.
Author: Jeffrey F. Williams
The active ingredients in the MACS formulation are safe for prolonged skin contact, and do not cause irritation or sensitization. The major functional active is a registered US EPA biocidal compound. The polymeric agents used to enhance binding to fibers are US FDA-GRAS listed (Generally Regarded As Safe) and are safe enough to be incorporated into many consumer cosmetic and food products.
An extensive review of the contact and environmental safety of the MACS active compound class is included in EPA Document-HQ-OPP-2013-0220-0008. A closely related compound in the class (more potent than the MACS components) is widely used as a sanitizer in millions of recreational hot tubs and spas in the US, with no indication of toxicity or allergic sensitization after decades of exposure of human subjects in this intimate way.
When measured using an Interscan 4000 Portable Gas Meter equipped with a Cl-sensitive electrode, MACS-treated masks released active Cl atoms at a barely detectable rate of

Are you sure you have the proper identity of the thief?
"One doesn't step down as CFO/COO because of their required duties to fight a takeover when one of your investors is trying to steal the company."

Good night Irene!!!! I haven't been buying any of their bullshit since my attention was called to this scam. And the Johnston's, along with their Medesol buddy Williams, were the next bright shiny object among Gardiner's long list of failures.
Not buying this portion of the release.
You're screwed. You just haven't figured it out yet.
My experience tells me this is bullshit! Along with "personal reasons" they were unable to fill their board obligation because they likely are neck deep with direct ties to the "investor" attempting to gain control.

Simon was likely key to landing the Winner contact due to his background (see company Bio) in the industry. Given I feel that Simon and Joshua are father and son, it's easy to understand that they didn't step down because of "added distraction". One doesn't step down as CFO/COO because of their required duties to fight a takeover when one of your investors is trying to steal the company.

Either they were working behind the scenes to aid this investor, or were part of a takeover to secure the CEO's position of control. Either way, it would suggest that this company has more value than meets the eye.

Literally one of my goals as well bro. I'll see you out there hopefully when/if this takes off 😂

Gotta buy my parent's place first so they can retire - then Spain.

Thank you all for the DD here. Been busy and shockingly not checking IHUB so much. Buckled in for the ride to come!

Please let it be so, I want to go buy a small place in Spain.

Bid support climbing! Above a penny again. Fence sitters waking up.

Eventual Dollars PPS?...Gonna be interesting next few years...Winner sees possible millions here, hell possibly tens or hundreds of million$....Evaluation numbers from where I'm standing could be mind blowing if products do what management says they do....Buyout?...GLTUA🫡💰️🤞

The second time I read through it - that was exactly what struck me. When it comes to money, folks will twist them self’s along all those involved into a pretzel. The old adage “fly on the wall” is where I’d like to be - behind the closed door on this matter.

But, the fact that a seat shuffle is occurring while the ink on the paperwork is drying ?? Sure bodes well for shareholder potential with no doubt. Patents mentioned also. Winner Med is certainly “inked” into the process here somewhere = potential for big money will most definitely stir up a barrel of monkeys.

This might well have been worth the wait. I’ve got a decent pile of cheap tickets to keep my interests up here!

Not buying this portion of the release.

Several months ago, BC was made aware of a concerning situation involving Medesol Global and a large investor into their private company. This investor has been attempting to gain legal control over the company, including its intellectual property and patents, both current and pending. Over the past several months, BC has made efforts to mediate the relationship between the investor and Medesol. As a result, the owners of Medesol Global, who held key positions at Breakthrough Chemistry, felt this added distraction along with other personal reasons, they were unable to fulfill their board obligations to BC and subsequently resigned. They were replaced with those that could fulfil BC corporate responsibilities. Although the situation remains unresolved, BC board and its legal team does not have any concerns that this will disrupt its business moving forward or to the binding agreements that are in place with Medesol, as this is an internal conflict within Medesol Global.

https://x.com/megolacorp/status/1884601564377100631

My experience tells me this is bullshit! Along with "personal reasons" they were unable to fill their board obligation because they likely are neck deep with direct ties to the "investor" attempting to gain control.

Simon was likely key to landing the Winner contact due to his background (see company Bio) in the industry. Given I feel that Simon and Joshua are father and son, it's easy to understand that they didn't step down because of "added distraction". One doesn't step down as CFO/COO because of their required duties to fight a takeover when one of your investors is trying to steal the company.

Either they were working behind the scenes to aid this investor, or were part of a takeover to secure the CEO's position of control. Either way, it would suggest that this company has more value than meets the eye.

Yep!!!

Spot on. The time, the money, the administrative effort, and pain in the ass steps to put all these things into place and get uplisted would not be happening if the Winner deal wasn't going to be announced. I think the testing stuff is a formality at this point. They just need to send me a pack of the diapers before they make the announcement. I will need them.

Based on the recent company release, bank on it!

I have to assume that the Winner deal is in play and that is why all of these things are taking place.

I've been in other stocks where a large shareholder attempted to steal the company because they saw the real numbers behind the curtain that shareholders don't get to see in real time. Based on what we know to date and the fact that you have a large shareholder trying to take over is more than telling IMHO.

Time to grab the popcorn.

Transparency, you have to love it!

This investor has been attempting to gain legal control over the company, including its intellectual property and patents, both current and pending. Over the past several months, BC has made efforts to mediate the relationship between the investor and Medesol. As a result, the owners of Medesol Global, who held key positions at Breakthrough Chemistry, felt this added distraction along with other personal reasons, they were unable to fulfill their board obligations to BC and subsequently resigned.

Code for, someone sees the value behind the curtain and where this is unfolding.

Reason for Board change:

BC’s response to quell any speculation and answer shareholder inquiries on yesterday’s board change announcements was due to the following situation:
Several months ago, BC was made aware of a concerning situation involving Medesol Global and a large investor into their private company. This investor has been attempting to gain legal control over the company, including its intellectual property and patents, both current and pending. Over the past several months, BC has made efforts to mediate the relationship between the investor and Medesol. As a result, the owners of Medesol Global, who held key positions at Breakthrough Chemistry, felt this added distraction along with other personal reasons, they were unable to fulfill their board obligations to BC and subsequently resigned. They were replaced with those that could fulfil BC corporate responsibilities. Although the situation remains unresolved, BC board and its legal team does not have any concerns that this will disrupt its business moving forward or to the binding agreements that are in place with Medesol, as this is an internal conflict within Medesol Global.

https://x.com/megolacorp/status/1884601564377100631

We also have the uplisting announcement, once all ducks are in a row. I have to assume that the Winner deal is in play and that is why all of these things are taking place.

Full steam ahead. Looks like Name and Ticker change are good to go. Now we just wait to see it happen in the platforms.

Any number of reasons.

Why would they move on to pursue other opportunities if this one is supposed to be so great? Just curious..

Watching the CFO move on in a new start up is not something I worry about given the company has wrapped up the audited financials. If the financials had not been updated, this would be more of a concern here.

The timing of this news is likely why they came out with an update on the name change. That said, show us an update on Winner would be more meaningful IMO.

Something is brewing thats for sure. Will we get name and symbol change soon? Uplist coming? Why did the Johnstons leave? Pushed out?

I guess we will know soon enough. Looking forward to some clarity and big move up!

Very curious indeed…hopefully we’ll see some answers here soon🤞🤞🤞

Something is brewing though?