OTCPK:MGMXD - Post by User
Post by
materialsgirlon Jun 03, 2015 7:57pm
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Post# 23794918
Donald Arthur
Donald ArthurWhy is he selling shares;
It is for one of 4 reasons
1 He is not too smart. This is my first guess
2 He needs money and he needs it now
3 He has grown weary of waiting waiting waiting
All long term holders can relate to that
Company performance has been horrible horrible horrible
4 It may be that he simply want to diversify
My point would be that he should be punted from the Board IF he acquired some or all of the shares via options (I did not look it up)