TSXV:MRS.H - Post by User
Comment by
Investorpigson Aug 11, 2018 10:12am
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Post# 28444396
RE:RE:RE:If we get more strategic news
RE:RE:RE:If we get more strategic newsSchiffKnowsBest wrote: Nicely written post beach. I subscribe to that thought process as well. Could it be that MRS is putting the pieces altogether for a large shark to come in and either swallow MRS whole or swallow MRS whole and spin out AMBER for current management to run with? Perhaps there is a friendly deal after all between the distributor (Federal Resources?) & MRS once MRS gathers all the pieces for Federal Resources just then to only make one move rather than many? This is the best way to stay ahead of the competition.
Perhaps you should stop guessing and just wait for the next NR?
More then likely with everyone (including myself) emailing IIRC the week before the halt asking how a company is allowed to 1. announce the biggest deal the venture market has ever seen on sept 6th with a end of year as the target completion date (no problems yet). 2. Put out a NR at the end of year saying everything is on track, just taking extra time. (Also no problem at all with this) 3. Go SEVEN MONTHS without so much as a peep to investors on the progess of the deal (BigBigBig problem with this) There are soooo many moving parts to this and us shareholders have no been filled in on ANYTHING. A simple “hey investors, had another great dicussuon with the FM, not sure of a completion date but both parties are still very dedicated to get this deal done” I’d take fluff like that, I’d take ANYTHING. The problem is, MRS is portraying to investors that not a SINGLE material thing has changed since SEPTEMBER of LAST YEAR! I don’t buy it. I don’t care if it’s good or bad news I just want something (preferably good). I wouldn’t be the least surprise if they IIRC isn’t on the exact same page and the main reason for the halt is to review all the paperwork from this deal to insure not one single update should of been givin to us.
my 2 cents.