RE: Reverse takeover
Hm, ok, so it looks like it is happening. Here are the important excerpts from the news release:
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Following completion of the amalgamation, it is expected that theBoard of Directors of Forterra will consist of the company'scurrent directors (Don Green, Bruce Bent, Rod Malcolm, John Gamble, and David Woolford).
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The same 4 guys that flew Forterra into the ground the first time.
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Forabout the past four years, Forterra has struggled to establishitself asa company manufacturing, marketing, and sellingenvironmentallyfriendly, organic soil enhancers," said Don Green,Chairman and Chief Executive Officer. "During these years, we have learned a great deal about the marketplace and refinedour products and production processes. However, we also have made manymistakes in our learning process and have not managed to make thebusiness profitable.
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Not managed to make the business profitable is right. Past performance is the best indicator of future performance. You can double your money on this one of you short it down to a half-penny right now.
CMG