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Bullboard - Stock Discussion Forum Mart Resources Inc MAUXF

OTCPK:MAUXF - Post Discussion

Mart Resources Inc > The Button Line is.........
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Post by Obeahman on Mar 16, 2015 10:25am

The Button Line is.........

With all that is taking place don't we shareholders have a say in this matter? Like having to approve any sales?

Can anyone identify who are the largest shareholders?
Comment by mouserman on Mar 16, 2015 11:00am
Shareholders will get to vote on the deal once the financing is done for sure, and no other offers come in. I doubt it will get voted down, especially with oil prices continuing to tank, but you never know. 
Comment by LAMBO on Mar 16, 2015 11:02am
need over 66% vote or so... but seriously 59cents??
Comment by LAMBO on Mar 16, 2015 11:14am
read the news ppl, pretty much a done deal if MW gets the financing. All of the members of Mart's board of directors and certain senior officers and certain related shareholders, who collectively own approximately 2.72% and 80.80% of the outstanding Mart common shares and options, respectively, have agreed to vote their shares and options in favor of the Arrangement.  
Comment by rodrabal on Mar 16, 2015 11:28am
something pretty screwy going on here. BNN said that the net asset value is worth 1.25 and that they were leaving over 140 million dollars on the table. BNN wondering why they would do that?????How is this in the best interest for share holders . Shareholder getting screw aggggain!!!!!!!!!!
Comment by vwdriver21 on Mar 16, 2015 12:15pm
If i read this right Mart's board of directors and certain senior officers and certain related shareholders, who collectively own approximately 2.72% anf and 80.80% of the outstanding Mart common shares and options..... This means that they only own 2.72% of the oustanding shares, which is peanuts? Possible the majoritry of sharehlders say no to the deal? Hence the 28% doscount from ...more  
Comment by rodrabal on Mar 16, 2015 12:27pm
Just talking about mart on BNN again. They are perplex about the price. Said if you just striped it down to parts and sold it , it would be worth 1.25. This is pretty strange. 
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