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Orbite Technologies Inc EORBF

Orbite Technologies Inc is a Canada-based mineral-processing and resource development company. The firm is organised into the following segments; Specialty Products, Waste Monetization and Commodity Minerals. It produces alumina, silica, hematite, magnesium oxide, titanium oxide, smelter-grade alumina, rare earth oxides and rare metal oxides. The operation plant is based in Canada.


GREY:EORBF - Post by User

Bullboard Posts
Comment by ORTNEWBIEon Mar 19, 2016 11:26pm
236 Views
Post# 24680138

RE:RE:RE:RE:RE:Orbite Spokesman: No Problem with Process

RE:RE:RE:RE:RE:Orbite Spokesman: No Problem with ProcessWhen I spoke to Mark (Mr. Everything is OK) at IR before the first major delay before the winter holidays right after all the IMMINENT START reports, he spoke to me like I was a an ignorant child. When I asked him why are you making a placement now when you have announced we are starting production imminently? When after the announcement the SP will be much higher and you will get the placement at much better terms for us investors? Mark's answer to me, You have to take the money when you can get it. That's funny. Glenn Kelly originally cancelled the Crede 2nd deal because he arranged a non diutive raising of funds. Glenn Kelly at that time did not take the money even though it was available, contradicting the stupid answer mark gave me before we found out the real problems which has now delayed again production for who knows how long and at what cost. ORBITE seems to always answer NO PROBLEM to us investors.10 MILLION DOLLARS MORE EXPENSES NO PROBLEM.  But I watch my investment go lower, lower, & lower. NO PROBLEM MARK. YOU REALLY DISPELLED MY DOUBTS AND WORRIES ABOUT THIS WONDERFUL INVESTMENT OF MINE. Thanks for nothing MARK.
Bullboard Posts