OTCPK:MAUXF - Post by User
Comment by
Resilienceon Mar 15, 2009 2:54pm
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Post# 15845707
RE: RE: UMU1 did drop from 2630 to 2000
RE: RE: UMU1 did drop from 2630 to 2000Appreciate the detail. But you're right, quite a drop in revenues. But that will be rectified end of March.
I am curious what funding they will pull and what they need, can't believe a buying party would like outstanding shares to be raised unless they would become their own..
Thought it was a curious thing to say: ''
Mart’s working capital deficiency has increased significantly since it reported its third quarter
financial results. Mart, together with its financial advisor, is therefore currently endeavoring to
raise additional funds to bridge the Company through to completion of a strategic alternative
transaction.''
If something is not around the corner. One would say they would be able to get some finance with the latest result.
Cheers,
R.