The Weekly Update is the once-a-week note on KmikeyM: what the market did, and what is coming up. It is written for shareholders, runs newest first, and covers one ISO week (Monday to Sunday). For what Mike Merrill is doing today, see the Daily Agenda.

Week 42: Oct 12 to 18, 2026

No trades at all this week. The last update is still $4.51, from October 7, which makes this the quietest stretch since the Summit. The offers are close together: $4.31 if you are selling, $4.51 if you are buying, and above that there are four shares between $4.95 and $5.00, then nothing until $5.24.

The quarterly letter went out this morning, Since the Summit. It points at last week’s two releases: the Q3 report and the Q3 disclosures. Mike is in Oakland this week and Bangkok for November.

Monday, Oct 19. Mike Back in Oakland. Flying home from Los Angeles, then an afternoon with Aaron in San Francisco on the site. See the Daily Agenda.

Sunday, Nov 1. October MIKE Numbers. October’s numbers land on the 1st at mike.quarterly.systems.

Tuesday, Nov 10. Shareholder Poker. Monthly, 2nd Tuesday, 7pm PT. October’s results and cards are up. RSVP.