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Mitec Technologies V.MTMH

"Mitec Technologies Inc exited the telecom and satellite communications area in 2012 and is exploring interesting opportunities in other areas."


TSXV:MTMH - Post by User

Bullboard Posts
Comment by claritason Dec 03, 2010 9:29am
285 Views
Post# 17794715

RE: RE: RE: RE: Share Consolidation

RE: RE: RE: RE: Share ConsolidationI think this not good news.  A share consolidation would have set the Company on proper footing by attracting a different investor/speculator base. 

Now it looks as if the turnaround will take a very long time.  A consolidation would have signaled that they felt they turned the corner.

As for a share buy back, you can be serious.  This Company needs capital, it doesn't have a surplus to buy back shares.

So it looks as if we have to wait at least a few more quarters for some earnings followed by a consolidation. 
Bullboard Posts