TSXV:MRS.H - Post by User
Comment by
TheRevenant2016on Jan 12, 2018 10:44am
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Post# 27341692
RE:Companies Should Not Cow Toe To Overzealous Investors!
RE:Companies Should Not Cow Toe To Overzealous Investors!ScarletSpider wrote: there have been investors who have gotten in touch with numerous companies and that is something I say that every one should do to get a feel for whether management is on the right track. Some also have written responses from them that are shared but are typically non material just information as to being asked and trying to be answered. And some investors would then share that information which I appreciate and which the company may or may not want shared as that is private between them and the individual. Nevertheless, those companies that are smart will not say too much and keep things general and they should likewise say that they will be announcing some news soon but not specify anything about the content or the time because any of those will become open to insider trading.
There was a problem with someone on pat sharing information and leaving out parts of the email response that he received from the company leading to some investors thinking that was wrong and that they should launch an inquiry to IROC something which is those who feel something hanky is going on right to do so. that was me and there is a fair bit of bs going on with v.PAT so after a 1yr plus hold? I sold. I will do the same if that was the case here as it was with V.pat. mark my words on Patriot compared to MRS? there is more smoke and mirrors than fire over there compared to here and there will be bagholders in the end. just as there was in Natcore which despite bullish prognaticators on the technology? who contacted management out the yingyang and were told what they wanted to hear vs needed to hear? there will be bag holders in my learned opinion on PAT to. MRS is a much better investment than PAT but people get caught up
in the hoopla of tech vs real world products that save lives everyday.
In any case, this company told an investor here that they should be answering some things today and i think that will be a mistake for the company to do because if the person didn't share all of that exchange or if people still feel the individual who posted that message on the board has some information that will put pressure on that poster and company for potentially having material and inside information. It is to that extent and as to my heading why the company should not even be specific as to saying when they will address an issue through a press release to avoid all these things from happening.
Wrong SS. A company should be specific vs vague in their press release updates nor hide from investor inquiries for further followup vs carrying on in the dark...when prior press releases gave material guidance for closing on a company making event on massive material news that changes the company fortunes and investors portfolio's. In MRS's situation the largest dist deal for a company of this size ever seen on the Venture exchange and in MRS situation its not 5 weeks or two months since the Sept 6th Massive $400Million USD was announced its going on 5mths. I called BS on news today related to the PO yesterday on the thread. I believed it then
I believe it now. I do believe however that the PO will be announced before months end and if its not I will liquidate 2/3rds of the remaining 150,000 shares and go down to 50,000 and suggest to any and all shareholders in a position to derisk and have doubled their money on their investment to consider selling half on any double and derisk themselves. As it would be going
on 6mths on Feb 6th if no PO news is heard by then and I doubt very much after half a year if the Sept 6th news is real anymore or if real after that point...? it would be restructured including Dollar amounts and term. And I am a bull with a long bias on MRS. Just think what the momentum traders are considering.
Companies should not be cowtowing our time frames but should release material news when there is something to share.
Grasping the obvious here. How did that work on Natcore?
Like my other post they should not be harassed either even though i get we want to protect our investments and make sure that we are doing so,
Not about protecting. For many in early in the story vs late...the due diligence period has ended. we are now in due viligance phasse for the early investors-a 5mth period to close what ever issues related to the PO is a reasonable amount of time as is missing company given guidance by some 2 weeks and counting.
some want to know whether to seek opportunities elsewhere and market time whatever the case may be.
Not about that either...see previous paragraph. the catch word is PRUDENCE
As the Wild Things Aquistiion history shows as investors we must be cognizent off...that aquistion was long in the tooth...and stated closed-bullish outlook as the two companies merged and management settled and operations sorted themselves out and out of the blue after MRS stated they had closed with WTG and integration had begun...out of the blue just prior to the Sept 6th NR on the Dist Deal ?
rescinded...and that was like a 6mth process and yes I contacted the exchange on one occassion and asked for a halt till investors were provided an update on that WTG aquistion earlier in the process.
In the real world now...given the 24/7 connectivity and interconnectivity
that tech provides? 5mths is akin to 12mths in the bricks and mortar old
way of doing business.
Nevertheless, as i have often stated that many companies are lacking transparency I am ironically saying this, but we need to realize companies are walking a fine balance of sharing information about its ongoing operations and saying too much at any given time and it is not easy.
Yes...you are being ironic. :-)
At the end of the day I will simply reiterate they
should not cowtoe to any of us and just release info and updates when there are significant progress etc. Just my honest opinion.
That's what were asking for...but updates are required under transparency and Reg FD for lack of progress to.
good luck all.