RE:RE:RE:RE:RE:RE:RE:Notto shabby 5 cents per share and 7 million US in debt paidMacloud says...
"Ya Evans , he saw what was coming down the pipe and jumped ship leaving everyone else to sink with the ship. He is a hero and everyone else were doomed. "
I think the reality is more like Evans would not go along with the incredibly flawed plan to repurchase KDI. If you remember he was the one who spun KDI out making all shareholders who cooperated considerably richer. He bailed because he would not fleece the shareholders and cripple what would have been a very profitable enterprise , even in this market. Debt will kill a mine and the pin brained sold us into debt. Anyone looking to invest looks there first. How much money does this company owe? They don't look at a bullboard and go gee there are some unhappy people there. There are always unhappy people on a bull board.
MPV traded profit for debt. MPV traded a solid mining operation for a junior spec play. Stupid , Stupid and really Stupid. Thats why Evans left IMO.
Macloud, I agree with your following post..."Lets move on". The big problem with that is we are still stuck with STUPID. That needs to change.