MRDN Meridian Holdings Inc.

$MRDN down 36% over 3 and with expected Q3 earnings of .15 per share and third consecutive quarter of positive net earnings has put them undervalued. Was able to increase my position to 36k shares during these three months to position for the bounce back up with their low float.

$MRDN they are expected to report EPS of $.15 for Q3. With about 12.7 million outstanding shares times $.15 should put them over $1.9 million in net profitable income. This would be for three quarters in a row. They are also on pace to do $200 million plus in annual revenues. They are sitting undervalued here at this current share price.

$MRDN This truly sucks. Brazil write off losses killed us, however it was one time write off for Q3. Still expected to do $194-196 million in annual revenues and our current market cap after today will be around $81 million. Still undervalued. This is what happens with high volatility and low float when news isn’t good. Hits a lot harder.

$MRDN just launched its first live operations in Sweden under its new software provider license.

$MRDN ... another 5.5% haircut from an already undervalued stock, 1 day before 3rd quarter results and earnings call! This valuation makes absolutely no sense considering we spent a couple of months trading in the $12-$15 area with decent volume! All of a sudden, volume dropped more than 50% of daily average and there has been extreme selling pressure for the last 6 weeks! This has no business trading down in this area. Tomorrow should open some eyes to how undervalued we are and bring in a lot of new buyers looking for a bargain basement price!

$MRDN ... peeps just don't get it here! This ticker has taken a 20% haircut in the last month over the Brazilian government's 60 day ban for online gambling. All of which is being faught in the courts. The company just began in Brazil in recent months and already made a press release that it will have little impact on the company. We also have financials coming for the 3rd quarter in the coming weeks, and after reporting reduced debt, increased revenues and increased profits in the last 2 quarters, I don't see anything but more positive results! The Brazil license still in limbo are already baked in to today's price. If results are what I'm expecting, there is no reason to run back up to $14 and higher! Throw in a court win in Brazil and the return of the ability for online gambling, and this could really have a nice upcoming run up!

$MRDN ... something just not right here! Why has volume completely disappeared in the last 6 weeks, and why the price drop from the $14.00 area to a close below $9.00 today?? Totally undervalued... now at roughly .50X our annual revenue with another positive quarterly coming next week! No reason for us to be priced less than 1X our revenues!!! SMFH!!!

$MRDN Its priced in. So your investment will be dead money for next 3 months until the next Quarter. This has been the scenario for 5 years. Investors of this stock continues to talk about next quarter, next quarter, next quarter until total loss

$MRDN Losing the Brazil market hurts. $6 million they paid for the license through 2029. I understand they called it immaterial, and if so, what have they been doing the last 2 years there… feels like we were sold a bill of goods on the entire Brazil strategy. What else are they gonna say though. Trying to stay optimistic but its another struggle just to get to the next earnings report that never quite gets us over the hurdle. We need a catalyst! Spend some cash and buy back some shares!