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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 > Business as usual
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Post by RDK241t on Mar 16, 2016 3:58pm

Business as usual

Listening in on the conference call today was so uninspiring. They talk like everything is fine. No one on the board ever talks about the share value and when investors can expect a decent return on investment, Now I have to wait another 4 months or so to find out nothing has changed. The management team definitely needs a shakeup and I think that should start with a new CEO to move this company to the next level.
Comment by BoldForbes on Mar 20, 2016 6:13pm
RDK, I was just able to listen to this weekend. It sounded as if Ross and a few others were nervous or distracted.  I didn't sense any excitement. Dividend sounds like its not coming for a long time (I read into it). They complain about currency issues, but don't do anything about it?  No FX strategy?  Was that their answer? Seems odd? Perhaps this is why the Company ...more  
Comment by RDK241t on Mar 22, 2016 8:48am
Bold Forbes, I agree, no one on the management team, including Ross Beaty, sounded excited or even interested in the meeting. It came across to me that they just wanted to get the meeting over with. At the end of the day the share price is the true indicator of performance in my opinion. Someone needs to talk over the helm and aggressively move this company to the next level. I don't see the ...more  
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