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AMG Acquisition Corp V.AMG


Primary Symbol: V.AMG.P

AMG Acquisition Corp. is a Canada-based capital pool company (CPC). The Company's principal business is the identification, evaluation and acquisition of assets or businesses with a view to complete a qualifying transaction. The Company has not commenced commercial operations.


TSXV:AMG.P - Post by User

Comment by copperplateon Feb 08, 2014 1:35am
270 Views
Post# 22186871

RE:Consolidation

RE:ConsolidationTrading at 7 cents post roll back - unbelievable! These guys don't have a plan, they don't have a clue what they are doing, period. Unless they planned to annihilate shareholder value, then they are right on track.

Doing a reverse at the beginning of the year (normally a pretty good time for juniors, especially after a tax loss selloff at the end of last year) and with the size of the float AMG had was idiodic. A slap in the face to existing shareholders while those in management protect themselves with options, ridiculous compensation and other means to recoup any losses they may have incurred. Had we stayed the course we would have had a chance to participate in the nice little run most juniors have had the past month. Half a million dollar market cap for this company! Unreal. Great work John, you and your team have outdone yourselves. Bravo.

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