OTCQX:MRVFF - Post by User
Comment by
JohnDDon Mar 18, 2007 12:39pm
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Post# 12439649
RE: Is NRI worthless?
RE: Is NRI worthless?'My guess is that shareholders would accept an offer at $1, and the company would be swallowed quickly'
This is one shareholder who would gladly accept an offer for $1 and in the process end the on-going expecatations and dissppointments that have plaqued this company over the years. I believe the best chance for approval of Pennsaid in a timely manner is by transfering ownership to an American company. Based on the last NR I think a small Canadian co trying to go it alone is tough tough uphill battle....
Dan and co - if you haven't already, I recommend that the management team pursue offers to purchase the company in 2007.
John