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Bullboard - Stock Discussion Forum Mart Resources Inc MAUXF

OTCPK:MAUXF - Post Discussion

Mart Resources Inc > Any more companies being sold soon
View:
Post by beatmesilly on Mar 22, 2016 12:52pm

Any more companies being sold soon

Comment by Mickey2 on Mar 22, 2016 1:04pm
Yes, BNK on toronto has received a cash offer of $2.20 per share.  Stock presently is trading at $1.84
Comment by QUANTUMJUMP on Mar 22, 2016 1:14pm
LRE is getting bought out at .52 they are awaiting Canadian regulatory approval expected top close late April purchaser put $20 million break up fee in escrow acct
Comment by redscorpion on Mar 22, 2016 4:12pm
are you (perhaps) also interested in other companies with - for example - a debt-to-equity conversion 50 % above the current trading level?
Comment by redscorpion on Mar 22, 2016 4:22pm
my former post is not related  to mart resources....I am just wondering due to your question
Comment by QUANTUMJUMP on Mar 22, 2016 4:25pm
I think he is looking for companies that have had an offer and are near closing I gave LRE as one , with $20 million break up fee in escrow and only waiting for Canadian regulatory approval there is still 7 cents to be made
Comment by redscorpion on Mar 22, 2016 4:34pm
it might be a good strategy to look for such companies....perhaps this is safer than the daily ups and downs...anyways...good luck to all and congratulation. Have a nice evening
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