OTCPK:MGMXD - Post by User
Post by
materialsgirlon Jul 08, 2015 6:35pm
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Post# 23905082
Katusa Research
Katusa ResearchI agree that the report was comprehensive and well written. It is nonetheless an advertorial in that he has something to sell as a shareholder himself.
A similar "bright outlook" could have been written 3 years ago also with similar logic. That report would have been dead wrong.
In 2015 there is a better chance of success but we need not to believe our own BS. Advertorials and marketing materials are designed to choose the juicy bits and play down the negatives. The big negative remains and we cannot deny it.
Management has thus far been horrible in delivering satisfactory financial results. This will stop being a drag on the share price as soon as management delivers.