OTCQX:MRVFF - Post by User
Comment by
JDEVRon Nov 16, 2011 6:07pm
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Post# 19243210
RE: To JDEVR
RE: To JDEVRI guess you are referring to me as a conspiracy theorist. Well, my response to you is 'whatever floats your boat'.
I may be incorrect in saying an R/S is coming if the stock is now trading at 0.06. Because I do believe if they are going to do it, they will want to get on a US exchange with a minimum stock price of $4. Since the max R/S multiple is 65,
6 cents won't cut it. They need 6.5 cents. I am tempted to email John and\or Dan and straight up ask them what their future multiple will be. I am thinking 100:1. Bottom line is, they are to blame for the S/P performance. Go back to April 2010, when they announced that they wanted to approve a 20:1 split, and then plot the S/P over time since then.
Need I say more? What kills me is how the other BOD are satisfied with doing f*ck all and getting paid I believe $50K annually for it. I should have called them out at the AGM. Well there is always next year. :)