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Bullboard - Stock Discussion Forum 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 Discussion

Alterra Power > The only path forward
View:
Post by RDK241t on Oct 10, 2017 2:41pm

The only path forward

I think the only path forward for Alterra
is to sell to a bigger player. The board and
management are simply coasting. They appear
to lack the drive and determination necessary to propell this
company forward. They hardly ever talk 
about shareholder return on investment in the quarterly meetings
and I don't get the sense they care. I wish the board would 
shake things up a bit and start firing some individuals
simply to let shareholders know they are doing something.
Comment by BoldForbes on Oct 10, 2017 4:07pm
RDK, I would start by replacing some of the board members => they need to be more active and vocal.   However, the shareholders voted overwhelming ~99% or something very close to keep them all. I posted at the beginning of the year about forming new leadership; I am 100% on board.  They need a day-to-day active, inspiring, driving individual. Over a year ago someone (Mr ...more  
Comment by RDK241t on Oct 10, 2017 4:24pm
BoldForbes: would you be willing to join me in the conference call and voice our concerns directly to management. I think they need to hear from the shareholders how disappointed we are in performance. Thoughts.
Comment by BoldForbes on Oct 11, 2017 4:15pm
RDK: I am willing.  I am traveling and will not have any (or limited) access to technology through Sunday evening.  I sent you a StockHouse e-mail. BF
Comment by jazzist on Oct 11, 2017 2:03pm
Which bigger players do you have in mind? GE or someone smaller?
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