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Bullboard - Stock Discussion Forum Mart Resources Inc MAUXF

OTCPK:MAUXF - Post Discussion

Mart Resources Inc > The sad story about mmt.to
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Post by naga00 on Mar 01, 2016 8:36pm

The sad story about mmt.to

This management team are whores and dogs of the worse kind. Why not sell some assets? The bank will work with them, but instead they have wanted to give this company away for peanuts. They find suitor's that cannot deliver, but continue to find garbage suitor's that cannot deliver. I really doubt that this deal will complete but if they could have funded the deal it would have happened. I think it fails and we go back to .05 and the you can load up again because these dog's will find another useless suitor that want to steal this company and the assets that it has. This whole thing is terrible to all investor's that bought this issue at much higher prices. They just paid off 15 million off their debt and the banks are happy. We have hedges - yet these dog's just want to f+ck us all. Sorry state of affairs.
Comment by poorgrammar on Mar 01, 2016 9:24pm
dear naga00 5c would be on a dead cat bounce (if we r lucky). i will be happy if i get 3c. i'm planning to average down at 1.5c. But if this does not go through, i would like to see a SEC investigation. Seems to me like the whole thing is orchestrated to allow insider make a profit on our expense. I bought at 16c just 20,000 shares. i could imagine people who bought above 70c must feel. Just ...more  
Comment by naga00 on Mar 01, 2016 9:42pm
there is no surprise . Many bought this stock @ 1 dollar, 2 dollars or 3 dollars. Not to mention the investor's that bought mmt.to under 1 dollar. Everyone person 99% that own mmt.to has a loss. Sure people that bought @ .05 that did not own prior get a great trade. Please do not say we are in for a nice surprise, because there is no winner's in this stock because management are dog's! ...more  
Comment by mjh9413 on Mar 01, 2016 11:51pm
Hey this is Nigeria...the land of scams. I did however believe the old relationships were legit but since this thing with Wade blew up MMT gets no capex compensation on the old field (the moratorium 'was' intended to be til March however, but that will no doubt change); they get no income for their 10% interest in OML18 (which is pumping out about 36,000boepd), instead it goes to Eroton ...more  
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