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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 > BoldForbes: I am on the call
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Post by BoldForbes on Mar 11, 2017 4:13pm

BoldForbes: I am on the call

Well, I will try to be.  I just completed another acquisition with a team which wants to work hard and to accomplish tasks for a better future.  They are hunger, but lack vision, leadership and capital.  The team I am a part of is going to provide this.

The Iceland financial we disappointing, but they have been a stable component of the company for years and are expanding, so a little tolerance is allowed.  But so is the stock selloff.  With no follow up story or news (yes, the company will tell you they are in a "quiet period before earnings") having that sit for 12 days...well it sort of rubs the salt in the wounds a bit.

The have the capital and vision...they need a spark on the inspiration and leadership perhaps...this is my perspective.  I am willing to listen to theirs.

Perhaps they are too well compensated or comfortable, not hungry enough to "want it" ?  No clue here...

This call better be good for the stock to instantly rebound you will need a "surprise" like Ross, Mr. Beaty himself, stating he will be taking the lead as not only the "Executive Chairman", but also as the day-to-day President of operation...or they are bringing someone else in.  This does not mean getting rid of anyone else, but a restructure may be necessary.  

If no restructuring an explanation of why the status quo.  I believe in fair shakes and in giving enough time to execute and grace to learn from lessions; but I have also been patient for years and we are withing a year of my 2018 target.

Bold Forbes
Comment by materialsgirl on Mar 12, 2017 9:46am
Bold Forbes; Your observations and thinking are spot-on You have given them one extra year (to 2018).  I have set a 2017 deadline mat
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