RE: RE: Did I get suckered into a pump n dump?? I doubt the company as a whole will show a net profit for the year, but I expect that the revenue will be the best on record. The greenhouse operation should be profitable if the volume and margins that management has projected are truthful. With so many things that Raymond wants to achieve, whatever money they make from their seedling operation will be deployed to other projects such as the biodiesel plants, seedling pots, etc.
I know that I am starting to sound like a broken record, but where MPE needs to move forward on is posting the revenue numbers, successful completion of projects, fulfilling contracts, all of which will lend some credibility to what they're telling shareholders. Right now Raymond could state that they signed a hundred million dollar deal and the share price would still go no where because his track record is less than stellar in actually following through with his promises.
I am optimistic of MPE's prospects, but I am very suspcious of Raymonds claims. I genuinely hope that I am disproven and he meets or exceeds what he is telling shareholders, but the current silence from management doesn't instill any confidence, especially since they stated that they would be updating us.