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Bullboard - Stock Discussion Forum Alterra Power MGMXD

Alterra Power Corp is a renewable energy company. It is primarily focused on development, construction, and operation of renewable power projects. The company's business has four major segments - Construction and Development, Geothermal, Hydro, Wind, and Solar.

OTCPK:MGMXD - Post Discussion

Alterra Power > Time to cash in...or wait for some good news
View:
Post by Newstock44 on May 27, 2015 9:46pm

Time to cash in...or wait for some good news

What happens when Beatty owns 50 percent of the company, my estimate is 42% at this moment, this is just the start of some new highs, Christmas in June cheers
Comment by SimplyRunRig on May 28, 2015 11:28am
I think someone knows something. On the Level II on this site (not really a level II in my mind, but oh well...), I usually see Raymond James (#89) buying and selling a few small lots, a hundred or so shares, and usually buying a half penny lower than the sell price. Lately they seem to be buying 1000's of shares.
Comment by materialsgirl on May 28, 2015 11:38am
Newstock; The event of Ross Beatty gaining ownership of 50% of the shares will not be such a big flashpoint. He already has effective control. One possibility is that he could choose to take the company private. At some point later this year he could offer 80 cents or $C1 optimistically He would likely do a deal with one or two pension funds or wealthy individuals  to take ownership of ...more  
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