For Novice Investors Only
Know this for novice investors only: MTX pays key employees (Waisberg, Nolan & Ulansky) tens of thousands of common shares instead of cash for services rendered for years. TSX-Venture will allow issuing shares for services IF the company is "broke" & unable to pay in cash ( read the TSX-V policy & reg.). MTX also awards "Incentive Options" to those guys incl. Chuck himself...But, the millions of "Options" have never been exercised BECAUSE the fcuking stock kept sinking & fell below the "strike" or exercise price and only clinical idiots would exercise options "under water". Shares granted for services are not the same as "incentive" options. Over the last decade, MTX has lost 99% of its value due to dilution and reverse splits. The stock was at $7.60 at the top in 2007 (Go do a 10-year chart). The stock is worth 5 cents now which is the price of an empty pop can. As for that some one, bad decision-making, booze and divorce will do that to you .