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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 27, 2017 8:13am
268 Views
Post# 27035965

Voted For Transaction

Voted For TransactionBy now you should have received your proxy.  I believe I received my proxy last week and I did vote, in line with my posts, in favor of the transaction.

Just as Mr. Beaty, I plan on holding my new shares in Innergex (INE) for the long-term.  INE seems (at first glance) to be disciplined.  I don't see many of AXY's board members (only 1 gets invited anyway) surviving and I am not certian many of AXY's management team will be around for the long-term (styles appear to be different - culture).

I will re-adjust my INE target for the AXY price targets I had, but I get over an 8% dividend yield (on my cost basis) while I wait.

I encourage you to exercise your right to vote as well.

Bold Forbes
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