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Alterra Power MGMXD

Alterra Power Corp is a renewable energy company. It is primarily focused on development, construction, and operation of renewable power projects. The company's business has four major segments - Construction and Development, Geothermal, Hydro, Wind, and Solar.


OTCPK:MGMXD - Post by User

Comment by veracruzon Jan 02, 2015 11:16am
167 Views
Post# 23279663

RE:RE:RE:RE:The CleanTechEdge

RE:RE:RE:RE:The CleanTechEdgeRenewables is the fastest growing sector with exponential potential. This brings about a lot of politics. I don't see it as a cash grab , he could easily sell a package higher. He basically moved shares to who he wanted. The next event I am waiting on is a greenbriar asset sale, beginning of feb, and Alterra is involved. My first instinct was to connect the two. Or, he could have scooped them in a protection move and sold them to a suitable buyer. I do know, there is dislike out there doing business with  a company where a single person can rule. It could be a move to create a more democratic company to deal with the world of politics & distrust. In my experience when a key guy reduced his position, but kept a solid position it has been good for the company and good for my account. I'm excited, in such a political environment, this is normal and good. Just opinions, they won't talk about it, and shouldn't .
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