Alterra Power MGMXD

The CleanTechEdge

[veracruz]

Sept 18 2014 , Ross Beaty spoke at TheCleanTechEdge. He spoke of us needing a carbon tax, and that his trips around the world support the peoples want for this change. I think he will get his carbon tax in 2016, though I wish it could be now. If you haven't seen it..... https://www.davidsuzuki.org/issues/climate-change/projects/the-cleantech-edge-canadas-fastest-growing-industry-in-the-age-of-climate-change/ . I find it very impressive that a rich powerful person takes the time to do such things. Hats off to Mr. Beaty.

[WallaceWilliam]

Can somebody help me to understand? Beaty, Ross J acquired 14,571,100 common shares of Alterra Power Corp.@ CDN$0.328  per common share And sold @ 0.34CDN$ Dec 30/14 Beaty, Ross J. -200,000 $0.340 Dec 30/14 Beaty, Ross J. -2,500,000 $0.340 Dec 30/14 Beaty, Ross J. -3,000,000 $0.340 Dec 30/14 Beaty, Ross J. -1,500,000 $0.340 Dec 30/14 Beaty, Ross J. -800,000 $0.340 Any thoughts?

[carinthian]

Those were transaction carried out privately. So I assume somebody or something (a company) close to Mr. Beatty bought those shares - maybe this was just a possibility to get some money out of a company or so... I do not think he sold for a 200k gain but just "reorganized" his holding in the company as I do not assume he will give up his 34.something% share which enables him to block

[carinthian]

This is the news release (source: marketwired.com) from November where it says 33,41% So: 100% - 33,41% = 66,59% and this is less than 66,66% or 2 thirds. November 28, 2014 19:11 ET News Release     VANCOUVER, BRITISH COLUMBIA--(Marketwired - Nov. 28, 2014) - Ross J. Beaty, of 1550 - 625 Howe Street, Vancouver, British Columbia, V6C 2T6, today announced pursuant to National

[veracruz]

Renewables is the fastest growing sector with exponential potential. This brings about a lot of politics. I don't see it as a cash grab , he could easily sell a package higher. He basically moved shares to who he wanted. The next event I am waiting on is a greenbriar asset sale, beginning of feb, and Alterra is involved. My first instinct was to connect the two. Or, he could have scooped them

[veracruz]

He also bought Pan American end of dec. Interesting.

[Newstock44]

Donated stocks to charity, good tax break before end of year, just mt thoughts..cheers