OTCPK:MGMXD - Post by User
Post by
BoldForbeson May 06, 2017 6:35am
![](https://assets.stockhouse.com/kentico-cms/0342-00/images/Sprite.svg#id_Post_Views_Icon)
114 Views
Post# 26211902
Mergers of the Future, Not of the Past
Mergers of the Future, Not of the PastInstead of selling a major asset, Alterra should continue to develop individual projects and production.
Additionally, it should look for the right opportunity to use shares to complete an acquisition. There appear to be several small players in this industry. If you want talent, merge (or acquire) using shares and keep the talent and the project, omitting the overhead.
To draw attention from Wall Street, Alterra can find another undervalued renewable energy company to merge with. This could give them better negotiation power with vendors and contract, banks, one overhead vs. multiple…
Alterra was formed from a merger, perhaps a part of our growth should be from there as well.
I would also like to see management or insiders purchase at these levels. It would show a sign of confidence. I ran out of time to do so on Friday, but if the share price stay compressed on Monday I might just nipple some more.
Enjoy the KY Derby!
Riders Up!
Bold Forbes