OTCPK:MEAOD - Post by User
Comment by
Micanushion Apr 04, 2013 9:05pm
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Post# 21213581
RE: RE: spoke with Ron Perry today.
RE: RE: spoke with Ron Perry today. Gramps, it was my second time talking to him, and I understand what u are saying, "they usually say what we want to hear", I know that. I asked him if they will pay and dividend and he said no, then i asked him why he doesn't buy more shares, he said they are all tapped out of money to buy more shares, he owns and his wife owns. Also the insider who sells, he said he is 71 years old and has them in his rrsp/rif fund and is forced to sell by the government. the price being this low is out of their control, as you already know what. market dictates what the price is. he also said he hopes there is no take over of MTO at a low price. because if an offer comes in say at 0.45 and then shareholders ok it there is nothing he can do.