OTCPK:MAUXF - Post by User
Comment by
JustforFun7on Jun 23, 2012 10:22am
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Post# 20047370
RE: Divvy
RE: Divvy Mugs it's fine if you don't believe Wade and divys are mutually compatible because of actions demonstrated over the years but could you expand on why / how you think the divy is impacted by the pipeline?
The pipeline is project to cost some 3o some million, half of it to be financed with Mart owning about 15% of it and only needing to be a few million dollars down. If they are projected to have 80 million in cash by the end of July (see recent presentation added to their web site) how would a few million dollars threaten their ability to pay a dividend?
Blaming a lack of divy on the pipeline deal makes no sense.
JFF7.