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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 > RE:HS-Orch's 2016 annual results
View:
Post by R_J_ on Feb 28, 2017 3:38am

RE:HS-Orch's 2016 annual results

Alterra Power Announces Hs Orka's 2016 Annual Results
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https://www.alterrapower.ca/news/Press-Release/News-Releases/News-Releases-Details/2017/Alterra-Power-Announces-HS-Orkas-2016-Annual-Results/default.aspx
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Hey! Wait a minute.
Why are there two flags in the upper right?
I selected the Icelandic Flag.
Wow! It brings up a whole new website.
The HS Orka website.  
It is a huge website.  Everything is different, including the news release.
It says that Magma Energy Sweden A.B. owns 66.6% of the shares,
I assume that Magma Energy Sweden A.B. is a division of Alterra.
Alterra used to be called Magma Energy.
Jarovarmi slhf owns the other 33.3%, who are they?
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When I selected the Italian Flag, I got a one page website.
Magma Energy Italia. When I select ‘EN’ it translates from Italian to English.
Three projects encompassing 500 square kilometers are mentioned.
I never heard of them. Perhaps it is because I am a bit of a newbie.
I have only been a shareholder for ten years.
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RJ
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