RE:RE:Email to Company and Response
Bucala wrote: I also emailed Gary. Basically we are stuck for a while yet by the sounds of this. Hopefully others jump on board to push for results faster... Please stay tuned! The company is in the midst of a raise, which is the final step in the transition to the new ownership getting the plant up and running. With new ownership, fresh capital, and a plant that can be recommissioned relatively easily (nothing is ever easy, but the recommission and getting to operations should take only a few months), we anticipate that the flow of news this year should be well-received by shareholders. The company has engaged us to help raise their visibility with the investment community, both in Canada and the US, which we expect can help the valuation as well. We understand that asking for patience can be trying for long-time shareholders that have suffered for years, but the company is now really "new" and a restart, so all we can promise is that we are working hard to deliver results as quickly as possible. Any other questions, please feel free to contact us. Regards, Gary Dvorchak, CFA The Blueshirt Group gary@blueshirtgroup.com Mobile: +1 (323) 240-5796 Skype: gdvorchak https://www.blueshirtgroup.com
Again these are just words - meaningless. Show results. Without concrete earnings nothing else matters.
They have already backed-out of orginally stated deadlines - the are delayed before they even started! First they were going to resume production in Q1 of 2017 then it turned into Q2 2017 then the language turned into 'should only take a few months'. Should but likely won't.
They've already pulled the 'new' presentation down to presumably update the dealyed restart timelines.
Not a great way to start 'fresh' when your following the same path of the old group.
Well I atleast hope these blueshirt guys get paid unlike TMX equicom at the end. MBAC totally screwed alot of people that have big networks and long memories. Blueshirt has thier work cut out for them.