OTCPK:MEAOD - Post by User
Comment by
JRaffleson Jan 13, 2017 3:05pm
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Post# 25705898
RE:At least .30 cents for a buy out
RE:At least .30 cents for a buy outThe MTO segment vvalues that are provided seem to be reasonable.
However, there is a $7m debenture liability which matures in 8 months.
Although the debenture liability may only amount to about 2c per share, not payment on the due date could be a defult issue, with potentially draconain consequences for shareholders.