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Medicago Inc MDCGF



GREY:MDCGF - Post by User

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Post by beenthereon Oct 17, 2011 8:52pm
361 Views
Post# 19157551

Hostile Take Over

Hostile Take Over

Right now PMI has the largest piece of the pie (46%!!)!

https://investors.morningstar.com/ownership/shareholders-major.html?t=XTSE:MDG&region=CAN

I think that is incorrect. I think it is more like 39% but doesn’t matter

So for anyone wanting to take over MDG it would be them. BECAUSE they can do it cheaply! AND there is no way anyone could take the company without having PMI on board. PMI with 46% basically has control of the company. IMO that is the main reason we will never see a poison pill! We will never see any promotion. All we will see a low stock price and low private placements. PMI tells MDG Management want to do or not to do and they listen!

Do you think these people (PMI) are stupid?

Obviously the Management of MDG think so!

No poison pill needed????? See above.

I think it is called fiduciary duty, Management!

If that’s not true than do the gd poison pill!

The poison pill will not stop them. Nothing will stop them.

But at least we get a little more for our shares!

We all could do well here. PMI of course would fair the best with 46% but that’s fine. I don’t see anything wrong with sharing in proportion of shares we individually hold but I am afraid that is not going to be the case! Why? Because it is called "Corporate Greed"! I feel PMI will not be happy with 46%. They want it all! Sad but true. Why do you think we have the "Occupy Wall Street" movement? People are fed up with this greed! And the outcome of MDG will be a prime example of that!!
IMHO.

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