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Orbite Technologies Inc EORBF

Orbite Technologies Inc is a Canada-based mineral-processing and resource development company. The firm is organised into the following segments; Specialty Products, Waste Monetization and Commodity Minerals. It produces alumina, silica, hematite, magnesium oxide, titanium oxide, smelter-grade alumina, rare earth oxides and rare metal oxides. The operation plant is based in Canada.


GREY:EORBF - Post by User

Bullboard Posts
Comment by Soulinvestoron Dec 15, 2014 5:57pm
400 Views
Post# 23232996

RE:E-mail submitted to Orbite Aluminae

RE:E-mail submitted to Orbite AluminaeLorenzo dalesio_98 Your letter to management is quite appropriate under the circumstances. When Glenn Kelly took over the helm he promised openness and a company dedicated and driven to achieving results. It is sad that you as a shareholder have to at this time write to our CEO and demand transparency because of the way Ort communicated the latest series of very poor results to us and the market. As far as the vote campaign is concerned, I recall that after the Valentine Massacre which resulted in so many investors losing a good portion of their wealth based upon pie in the sky claims and misleading reports, incredibly RB was voted back as president with well over 80 percent support from shareholders. Unfortunately, ORT has to secure major financing and accept whatever terms are offered just to keep the doors open. It will be a miracle if an agreement can be reached and the dilution itself will not render our shares close to being worthless.
Bullboard Posts