OTCPK:MEAOD - Post by User
Comment by
btrevorbon Jan 14, 2014 5:37pm
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Post# 22091040
RE:RE:RE:RE:RE:I stand corrected
RE:RE:RE:RE:RE:I stand correctedI own the stock and wish it would pop it's head above 0.18 again.
If the cost structure was transparent someone might be interested in purchasing the assets and developing them so this could be profitable in one season.
Best thing that could happen is a deep pockets purchase, then some of the many plans they have made could actually happen.
Currently the debit has risen faster than the production can compensate which is unfortunate.
One day MTO could make money but at the current pace that could be a challenge.
The only winners here so far are the mysterious Eurpean investors who continue to sell down any break outs that happen.
IMHO>I will try to be less critical as it doesn't make any difference anyway.