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Alterra Power MGMXD

Alterra Power Corp is a renewable energy company. It is primarily focused on development, construction, and operation of renewable power projects. The company's business has four major segments - Construction and Development, Geothermal, Hydro, Wind, and Solar.


OTCPK:MGMXD - Post by User

Comment by materialsgirlon Jul 14, 2016 9:36pm
125 Views
Post# 25054537

RE:Alterra Power Arranges Extension to Iceland Bond

RE:Alterra Power Arranges Extension to Iceland BondBold Forbes

For each 1,000 extensions to funding, roughly 999 are done at a lower rate.  I have not read about nor have I heard about any other deal where rates rose

But we must remember one thing.  The other 999 do not have AXY management.  Incompetent management is exactly what leads into silly situations like this.

AXY by law had to admit the raise in rates.  But they provided no reasoning and for a reason.  There is no logical business reason.  Just management getting into a bad corner.  That's it.

One day soon they will see that the gig is up.  This cannot go on for much longer.

Performance in general stinks

Matilda
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