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MANITOBA TELECOM T.MBT

"Manitoba Telecom Services Inc provides broadband & converged IP, unified communications, information solutions, security & home alarm monitoring. It also offers local access & long distance & data services to residential & business customers in Manitoba."


TSX:MBT - Post by User

Bullboard Posts
Post by uncleblackieon Jan 27, 2010 11:26am
430 Views
Post# 16723712

pension ruling over reaction

pension ruling over reactionFirst of all, as was mentioned, the ruling will be appealed so even if they lose on appeal, it will still be a couple more years before they will have to pay anything out.

Secondly, if they lose the appeal all they will do is issue approx 3 million shares and voila, it's covered.
They have less than 65 million shares out. Thats nothing for a company of this size.
That's one of the reasons i invested in this company.

Heck, many penny stocks have more shares outstanding than this without even a viable operating business.

The market really is over reacting about a non issue!
Bullboard Posts