GREY:MGORF - Post by User
Comment by
shawshankon Jan 03, 2016 7:41pm
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Post# 24426460
RE:MCC management lowers bar for itself.
RE:MCC management lowers bar for itself.
Standard fare HereForWastingEveryonesTime-standard fare repricing options-done on must about every small cap company on every exchange still not profitable but moving towards it and in a rapid growth or entering a rapid growth phase in their development after coming out of and spending time in...the RandD phase which for the most part all of 2015 or the majorit yof it was focused on two key and integral points for Magor going forward..
1) Being accepted and meeting the GOC standands protocols-this standarization requirements is key for continuing inroads and further embedding into the GOC and its various ministries-sub ministries and agencies either supporting to a dept or directly from a GOC agency-to continue to add on to existing GOC contracts...its streamlines the entire purchase order process for Magor Corp GOC supply and servicve and expedites a bid to purchase on an existing contractual and preferred and approved vendor status-which takes light years off of Magor entering vertical market applications with the GOC...they just achieved that status if you review the news for Magor in second half of this year.
2) Windows Aerus application to compliment the Aerus Cloud interoperative collaborative-bridgeless mutli-link-scaleable HD video technology...and this was very important as a RandD project for Magor as it allowed (S) them to integrate seamlessly with ALL GOC DEPARTMENTS on a go forward basis and actually leverage the technologies scalability into vertical applications. There was much interest for the GOC and GOC agencies working with other Depts and internally division to divisiion within the various agency(IES)-and it was key if not critical to Magor to meet the various levels of expressed and real government interest at the national-regional-provincial and civil levels of government and that is JUST for Canada without the considerations for deployment already ongoing and where they have historically signed long term contracts for existing services at the time and orders for new services from Magor as Aerus continued to offer them thru the RandD arm of MCC.
The State of Texas...Home of the LongHorns andf where the constant diatribe from the conversative right is about their pourous largely unmanned geographical border with Mexico...had real interest as announed in 2014 I think it was...but that interest
mandated a Windows Application as well as an Aerus Cloud application-my DD
has it that the company and the state of Texas may very well be revisiting that
initiative in 2016 now that Windows has gone live...I imagine it would involved
a Windows based Aerus State of Texas Trial and Evaluation rollout at some point
just like we are seeing Magor announce now in December 2015-a paid for GOC
trial (no cost to Magor0 for a specific Windows based Aerus application that will
be meeting GOC requests for product and servicve.
I believe the year 2016 will bare more fruit than 2015 as 2015 was designed at those two
very very important milestone and material developments for Magor to cash in on the sectors opportunities going forward.
They also in the past year and a bit transitioned to a recurring revenue software...sell and service model which over time is much much more stable and lucrative cuz if your already servicing what your selling to a governement body and you are meeting their specific needs and servicing them when needed at its cost effective and adding value to their service to the public? and those contracts are lenghty typically to procure but one off is they are always near without exception long term in duration-chances are your odds fo getting add on orders near exclusively? are very very high by comparision.
These guys behind this thing are not newbies-they are some of the most successfull and respected management and creators from the world tech stage...not just canadian...but from the Chairman of the Board to CEO Mike Pascoe to the Director of Marketing to the RandD team to to the other BOD members...these guys would be in the Canadian Tech Hall of Fame for returning investors capital to a high return on investment-and when you have creator Terry Matthews owning appx 30percent thru his investment fund Wesley Clover? and you have
his connections to the who's who in the Telco and Tech world-you don't sell Newbridge to French giant Alcatel for $7.1 Billion and get knighted as recongition-nor sell your other baby you created/co-createdf called Mitel for $1.5billion..that's like $8.6Billion dollars you fetched for your two companies as your exit plan for yourself and your early shareholders...without a ton of trust from others in the sector...a ton of respect from others in the sector-and that ENTIRE team of success from Mitel and Newbridge if you actually were to read the management and BOD bio's vs running at your lips like you constantly do from thread to thread...that entire quality team transitioned here to Magor Corp from 2007 on.
In the tech space you invest in leading edge technology managed by honest and capable people with a history of success in the industry and turning potential massive ROI for sharehodlers into REALIZED massive return on investment for shareholders cuz so many...SO MANY companies out there talk about their potential but never realize it to any significant degree under their leadership-and only about one out of every ten startups actually make some noise and go anywhere in the first place...the majority them toil in medocrity or die on the trading floor somewhere or get reborn to reinvent themselves at investors expense by comparision.
Mathews typically and historically may have seen one or two not so fantastic ROI for his shareholders by comparsion and given Magor Corp is already driving revenues as it enters a growth phase now that Aerus Windows is rolled out along with Aerus Cloud and has disclosed it has a $1/2million order backlog already...think were in good handsheading into 2016 given the pedigree and unmatched record of company and investment success by Matthews...Pascoe and company.
What will remain to be seen is how many investors will have the patience to realize that ROI and that the light at the other end of the tunnel is an eventual buyout of this thing hook line and sinker when and where Terry thinks its time and he will call the shots on that as he has all the connections to make it happen and it was his brainchild this thing being created in the first place and he has the largest single exposure to the companys paper and has funded even interest bearing notes to keep dilution down during lean times of duration....vs seeing you riding a bike like Peewee Herman holding a flash light in the dimly light hours of a winter morning pedalling like a mad man to your local thrift store-to be the first one in the door cuz used underwear was marked down 2for1 as the weekly special.
SS
application
Hereforthemoney wrote: Look at how MCC works. Option for insiders were granted at .59 but we all know that is not going to happen so they cancel 3 mil options and issue 4.2 million new ones at the new price of
.05 CENTS !!! Good work gentlemen , that is a confidence booster. LMAO !!
Magor Corporation announces amendments to stock options agreements
OTTAWA, Ont. – June 2, 2014 – Magor Corporation (TSX-V:MCC), a global leader in visual collaboration solutions, today announced that it has obtained TSX Venture Exchange approval to amend certain stock options granted to directors, officers, employees and consultants of the Corporation between October 5, 2009 and August 24, 2010. A total of 986,000 stock options that were to expire between October 5, 2014 and August 24, 2015 at an exercise price of $0.59 will be extended by one additional year with no change in the exercise price.
Magor Announces Stock Option Grants and Cancellations
OTTAWA, Ont. December 9, 2015 – Magor Corporation (TSX-V:MCC), a global leader in visual collaboration solutions, today announced today that it has cancelled an aggregate of 3,116,900 stock options previously granted to certain directors, officers, employees and consultants of the Company from 2010 to 2015. Subsequent to the cancellation of these options and pursuant to its stock option plan, the Company has granted stock options to directors, officers, employees and consultants of the Company to purchase up to an aggregate of 4,200,720 common shares in the capital stock of the Company. The stock options are exercisable for a five-year period at a price of $0.05 per common share. Granting of these options is subject to TSX Ventures Exchange approval. A total of 1,950,000 of the options which were granted to insiders of the Company are subject to disinterested shareholder approval and may not be exercised until such approval has been obtained. Following the grant and cancellation of options, the Company has 4,637,220 stock options outstanding.