Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Miller Industries Inc V.MLR


Primary Symbol: MLR

Miller Industries, Inc. is a manufacturer of towing and recovery equipment. The Company designs and manufactures bodies of car carriers and wreckers, which are installed on chassis manufactured by third parties, and sold to its customers. Its products are marketed and sold through a network of distributors that serve all 50 states, Canada, Mexico, and other foreign markets, and through prime contractors to governmental entities. In addition to selling its products, its independent distributors provide end-users with parts and service. Its product line includes car carriers, wreckers, and transport trailers. Car carriers are specialized flat-bed vehicles with hydraulic tilt mechanisms that enable a towing operator to drive or winch a vehicle onto the bed for transport. Its multi-vehicle transport trailers are specialized auto transport trailers with upper and lower decks and hydraulic ramps for loading vehicles. Its brands include Century, Vulcan, Chevron, Holmes, and Challenger.


NYSE:MLR - Post by User

Bullboard Posts
Post by siempre33on Feb 19, 2015 7:48am
100 Views
Post# 23442514

I love point #4 - huge profits! -

I love point #4 - huge profits! -
4. Fourth but perhaps most importantly is the incentive to the individuals who vended the project to Melior and who make up senior management. They have an earn out which requires the share price of Melior to be at a minimum of .41 cents before they start to earn their shares and they only get their full allocation of shares at $1.11 per Melior share. Takota favours this kind of incentive based reward and obviously as the vendors are successful in earning their shares Melior shareholders stand to benefit substantially i.e. to a possible magnitude of 400 – 1200% return from current prices if the vendors are successful in meeting the criteria for their earn out shares currently held in escrow.

Read more at https://www.stockhouse.com/companies/bullboard/ccjmf/melior-resources-inc#5V1DCiE8YSOafL1y.99

Bullboard Posts