OTCPK:MAUXF - Post by User
Comment by
radcaton May 22, 2015 10:18am
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Post# 23753854
RE:Mart's Pipeline Interest
RE:Mart's Pipeline InterestThe offer is for $280 + debt. Most of Mart's debt is related to OML-18 purchase. Have to stop calling it Mart's debt when we in fact took it on for our partners benefit as well. What, they couldn't raise their portion of a crummy $135 down? If they are so wealthy and raising the funds to acquire us is a sinchy thing for them to do, why did we have to cover their financial azz during the OML-18 bid? This deal is definitely NOT in the bag.
Strange that we cannot back out of OML-18 to aleviate "our" debt burden. BOD responsibility is to that of its shareholders, us, and not our "partners" stink bid, them. On June 15th Vote NO and flip the BOD the bird V!