MagIndustries Corp MAAFF

MagIndustries Corp is engaged in development and exploration of potash salt deposits. The company has two business units: MagMinerals and MagForestry. It is primarily engaged in the financing, developing and placing into production or operation of the projects such as potash plant, a potash exploration and eucalyptus plantation and chip mill. Geographically all the operations are functioned through the region of Canada.

GREY:MAAFF - Post by User

MagIndustries Corp

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Comment by zeekayon Oct 27, 2011 8:56pm

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Post# 19188387

RE: RE: RE: RE: RE: Games -Now What?

So far I have been pretty good at speculating what Evergreen and MAA would do. I will go on record as saying that MAA will be taken out by the end of January. Remember that 48 million shares will do the trick.
Option 1 - High Road - Offer $.25 to the remaining shareholders.
Option 2 - A numbered company (I will go off on a limb and say Chinese) will have amassed the 48 million shares required and will be swallowed up by Evergreen for a nice profit for those involved. Evergreen will then attempt to de-list MAA and then it gets interesting. Most likely a 20 day MA to the de-listing and that is what the holdouts get,
.14-
.18.
My gut feeling says option 1, but logic and history says option 2. The Chinese could care less about public opinion and the minority shareholder. If they can make a few bucks for a family member while squashing those that stood in the way, well that is just a bonus.

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