GREY:MGXMF - Post by User
Post by
allenjameson Nov 20, 2020 5:43am
753 Views
Post# 31939026
Just how dumb are the Dissident Investors !!!
Just how dumb are the Dissident Investors !!!The big struggle for control of MGX M is between Zimtu and JL and supporters (many). There are also out sider interests with big bucks who are also interested. The dissident investors are the small potatoes in this group and are not even considered worthy of negotiation or even consideration in the court action.
The split between Zimtu and JL is temporary and will come together as soon as their mutual objectives aline. Once they aline we will have a new and effective board. Will the board be the people we like maybe and maybe not. That is business. You do not necessarily do business with people you like but with the people who are in the right position to get the deal done. A good deal is a good deal for both parties. Even Donald Trump does not understand this and believes a good deal is where he wins big and the counter signing parties lose. He is in a word a spoiled little rich boy who never learned how to play in the play ground. Donald has never had his lights punched out and has a big ego, thinking he can do anything and not lose.
The dissident sharehoulders have lost and are not even aware that they never had a change in this game. Inexperienced people trying to do the imposible. It has been lost but they may not give up and this will tie the company up in court for maybe years. In the end Zimtu and JL will come to a agreement and business will return to a forward path.
What will the stock price due. Does not matter as a trading hault will occur and in a period of time the stock will be delisted if MGX M does not pay the fee to restart trading. In a word the company will go private with that result situation. Will the company go bankrupt if necesary to get rid of the dissident investros. Maybe !!!!!!!!!!!!!!
GOOD LUCK TO ALL INVESTORS.