On the stock market since 2002, it operates in the everyday-essentials business. It has 75 employees. Now — the numbers.
The company is still in the product-building phase: its spending runs above its sales. That only changes once the product starts selling at scale.
Before the clock runs out, either sales must climb sharply or new money must come in. This is the most critical line in the whole picture.
angles, checked one by one.
The 2 that stand out are on screen; the rest came back neutral.
The council scores out of 10; report-card grades are out of 100.
An investor who bought at the very peak is down 100% today. The business is the same; what changed most is the price — and the expectations — the market pins on it.
Sales run at $31.2M a year. A small number, but proof the product has real buyers.
A loss of $1.1M against $31.2M in annual sales.
The stock sits at $0.0001. Under exchange rules, stocks that stay below $1 for too long risk being removed from the market.
This stock swings about 24 times as much as the market average. Big rallies — and big drops — can both happen fast.
On our five-subject report card, MENB sits in the middle of the class: some subjects shine, others don’t. The grade moves as the numbers move.
The takeaway: MENB is a high-risk stock — not yet profitable, and its future rides on its product catching on.