RE:MovementI have been a long time holder. I had hoped that Maglan would be able to turn this company into a profitable company. At one point Maglan talked about it being a 2 dollar stock. Their latest financials do not look good at all.
Given Maglan and its directors hold I believe 280 million shares I am not sure what they are going to do next.
As well, in the past, Maglan would occassionally post into this chat room. But now it is as if they have given up on the company.
Conservatively, I suspect they have lost in total well over 50 million dollars.
Just my thoughts.