TSX:MPCT.DB - Post by User
Post by
Predator2018on Dec 22, 2024 2:10pm
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Post# 36374299
I warned you all that this may be worthless
I warned you all that this may be worthlessMPCT needs recapitalization to survive as a going concern. Needs to raise money via new debenture offering to cover coming debentures that are due or need to issue shares or do placement. Interest payments on the more than $1 Billion dollars loans under various Equity Directed Investments is a big burden.
if it is great, why are insiders not buying tons of shares?
MPCT is nothing but the high risk subsidiary of DRM created to shield DRM from high debt load impact plays. This is my view only. Do your Due Dilligence.
Investsmart PUMPs this a lot without seeing the bigger realistic picture