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Bullboard - Stock Discussion Forum Mart Resources Inc MAUXF

OTCPK:MAUXF - Post Discussion

Mart Resources Inc > Looks like I was right
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Post by zeus55 on Jun 26, 2013 2:46pm

Looks like I was right

With the release of the dividend and the completion of the loan agreement in the same news release, it does appear that I was 100% correct that the two were directly linked, in spite of claims from everyone else to the contrary.
On the positive side, it does appear that the bank is satisfied that Mart can afford to pay the dividend, while using the bank line to fund capex.
On the negative side, it is odd that the share price is going nowhere.
Curious.
Comment by Treetop2 on Jun 26, 2013 3:42pm
This post has been removed in accordance with Community Policy
Comment by zeus55 on Jun 26, 2013 3:52pm
Then why was the dividend delayed, and why were the two in the same news release? Only the ignorant ignore the obvious. Only the stupid stick their heads in the sand.
Comment by nihilist on Jun 26, 2013 4:34pm
how can you be that stupid.  You say the loan and the dividend were directly linked.  You also said  that bank is looking at Mart's cash flow and that will "determine whether or not they allow Wade to pay the dividend that is ...overdue."   What kind of linkage is that: the bank holds a gun to Wade's head and Mart only gets the secured loan if they pay ...more  
Comment by zeus55 on Jun 26, 2013 4:45pm
Hmmm, I couldn't make up anything that utterly stupid. I said nothing of the kind, and for you to suggest I did is pathetic to the extreme. "the bank holds a gun to Wade's head and Mart only gets the secured loan if they pay the dividend?" Are you on some kind of drugs?  
Comment by nihilist on Jun 26, 2013 10:26pm
so.  The dividend and the loan are directly connected, in that mart needed the loan to pay the dividend.   The  bank had the power to 'let Wade pay" the dividend, or to block it. These are your presumptions.   then the bank, what,  agreed to the loan because they knew Mart needed it to pay the dividend?  this makes sense to you?  why would ...more  
Comment by zeus55 on Jun 26, 2013 11:55pm
Your stupidity is beyond response. How does one put an idiot on ignore with this new format?
Comment by nihilist on Jun 27, 2013 7:14am
you name yourself after the tallest dog in the world and you call me an idiot. nice. the dividend was always on fairly firm ground because mart generates enough free cash to pay 10 cents per quarter. They just had one lost quarter and one normal quarter back-to-back so they scraped by--no need for a loan. you've been too busy blowing smoke up your arse to see that. Zeus drinks from the ...more  
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