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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

Comment by materialsgirlon May 30, 2017 10:23am
139 Views
Post# 26300023

RE:RE:RE:RE:RE:These are big, cumbersome projects that take years gather

RE:RE:RE:RE:RE:These are big, cumbersome projects that take years gather Bold Forbes;

Your explanation of numerous occurrences is spot on.  What you say is all true

I will just point out that you are a sort of "explainer-in-chief"  This is the prescribed role of
Investors Relations.  All CEOs also spout out explanations and tell great stories with a straight face.  Later, over a drink, they laugh and laugh at how good the tale sounded.  AXY is not alone in this respect. 

The backdrop is still the same.  Like the Gang that could not shoot straight, their ongoing record is dreadful, financially speaking. To make matters worse, they are in denial about how bad things are.

Will they smarten up?  Will they or won't they?   Nobody knows.

Do not despair necessarily but do not be confident. 6 or 7 years of bad performance should make us apply sober thinking.

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