GREY:MGORF - Post by User
Comment by
shawshankon Jan 02, 2015 4:18pm
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Post# 23280950
RE:RE:RE:Magor Announces Fiscal Q2 2015 Results :) :) :)
RE:RE:RE:Magor Announces Fiscal Q2 2015 Results :) :) :)
PruneFace wrote:
Looks like the chairman of the company is doing OK, what with the 12% coupon. Can't say the same for shareholders at a stellar 15 pennies/common share. But maybe they'll give the pleebs a chance to get in on the next financing in 'early 2015'. How many is that since they went public anyways or is that classified too?
Companies go public to raise additonal rounds of finacing to fund themselves when in the much valued and coveted accelerated growth mode...pure and simple.
Get over it Pruneface..so aptly named. SS