RE: TREE PLANTING There was a projected 10M seedlings that are supposed to be delivered by the end of the year. Raymond updated us when they had sent out 2M of these, and the balance was supposed to be going out in the next few months.
What I have a problem with is that we are now in August, and management has not updated us with the status of this order. You would think that a corp. update should be given to let us know production numbers thus far, or even whether the buyers are happy with the product. Some transparancy would help us shareholders gauge what is going on. What's the deal Raymond? Have they not paid up? Cancelled the rest of the seedlings? Tell us something!!!
I had very high hopes for MPE as well this year, but it makes me nervous when Raymond chooses to be quiet. This usually means that things aren't great or at bare minimum, the expected outcome isn't what he had thought. You would think that with the share price tickling the all-time-lows for the company, that he would be interested in improving the situation if he had some golden nugget of news.