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Alterra Power MGMXD

Alterra Power Corp is a renewable energy company. It is primarily focused on development, construction, and operation of renewable power projects. The company's business has four major segments - Construction and Development, Geothermal, Hydro, Wind, and Solar.


OTCPK:MGMXD - Post by User

Post by BoldForbeson Nov 25, 2016 8:18am
175 Views
Post# 25512477

Things I Am Thankful For; A True Leader's Vision; TedTalk

Things I Am Thankful For; A True Leader's Vision; TedTalkIt is a week to be thankful for things here in the US.

First, I am thankful for people, not things.

Second, to be board focused, I am thankful for the opportunity to invest more due to the market over reaction at low (gift giving) prices.  Although, I must admit, I hope to never see the low 3's US or below 5 CAD ever again!

Next Subject:  A True Leader's Vision

I continue to wonder how Trump is going to reconcile the destruction of high paying renewable energy, technology, creative thinking jobs for low-paying, environmentally unfriendly, traditional energy jobs?  People seem to cheer two $40,000 jobs is better than one $100,000 job (for example, not actual salaries).  I don't get it.  Fear is a powerful force, especially in transitional periods.

https://www.cnbc.com/2016/11/25/as-trump-promises-to-cancel-energy-red-tape-renewables-grow.html

In my opinion, a true leader, who want to build something great and create jobs as well as transform mindsets would hire the traditional "blue collar" workers and re-train them into the new energy work force.

This would be a paradigm shift from the traditional coal, gas and oil into renewable energy and new master grid.  Instead of hiring coal workers, have them build a new grid and new renewable power plants.  Instead of shutting the door on trade, set up manufacturing plants for renewable energy in North America and become competitive or a world leader in the industry.

Next Subject:  Ted Talk:  Timing & Team

Why do startups succeed?  This is a 6 minute 40 second Ted Talk worth your time.  Very interesting to me as I have been involved with a lot of start ups.

https://www.ted.com/talks/bill_gross_the_single_biggest_reason_why_startups_succeed?language=en

How would you rank Alterra's out of 10 (1 low, 10 high):  Idea, Team, Business Model, Funding, and Timing?

My scores:  Idea (7 - nothing original?); Team (7 - Mr. Beaty keeps high), Business Model (8 and improving, but still determining, might be lower???), Funding (9 - Mr. Beaty's backing, just did amazing capital raise, refinance was completed, but disappointing on terms???), Timing (10 - renewable energy is the future).

The two most important are Timing and Team...

Take a moment to embrace a moment of peace and to be thankful,

Bold Forbes
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