RE:anyone here remembers T.CSI
poorgrammar wrote: Another company operating in Brazil. It had the highest grade of gold in the world. Back in 80s local naive strike gold and in matter of weeks there were 200 000 people stated to dig that place up until it flooded with water an d the native abanded le site. These group of people titled "management" robbed and lied directly to the lenders and shareholders. They borrowed money under the pretense work is progressing well and little more will wrap things up and everybody becomes rich after so much loosing. They had a very impressive website pictures of work that was being done. All the fancy machineries, new product facilities and all. In the end when auditor found out it was not possible they said no more money you give us back out money. One BOD said he would buy the business and everyone was happy and I started to buy more share just to make some money back. Bod said wait and I will tell u my offer. W min before day ended a large sell order appear on the ask and sold it market price it was a sale order of 22 million share and filled order until 4:11 pm even after market close and the Bod announce buy is not interested in buy no other reason. Everyone lost money.
Two Points
1. Your post is so incoherent I'm not sure
2. Every company has a UNIQUE set of circumstances and can't be compared to others.
There are hundreds of failures and hundreds of success with strategic alternatives stop comparing MBAC to any of them