Mart Resources Inc MAUXF

RE: RE: RE: RE: RE: divi guess

[dowd]

Hey Bobby, i went through the near bankruptcy in 2009 and remember you here. OK, so not BK immediately as a risk but what will be the stock price if Mart  takes outnthat loan and pays out divvies when the Agip pipeline goes down again???? Under a buck for sure

 

My point is why risk this. If they don't have the easments and sales agreements and can not get them (they have tried unsucessfully for over 6 months) why pay out divvies given the unrelibility of the Agip pipeline? I need $3 per share more than I need to pay tax on some 5 cent divvy and have MMT share price under a buck.

 

No Bk this year but with bank debt and unreliable cash flow anything can happen even our worst night mare. Screw the divvy at this point imo. It just weakens the balance sheet more than it has been already. That Agip pipline could go down again at anytime and stay down for a long time. If they get the agreements then ok but they can not get the agreements isnthe problem that I have.