Posted On: 08/04/2015 10:29:15 AM
Post# of 12259
Dear members: Where is Spiceman Assistant Moderator? Have noted his/her name has disappeared last month or two. Next time member leaves this board, for whatever reasons, especially leader like moderator, remaining members need to know for interest.
Meanwhile all shareholders remain deeply concerned about lack of trading in our stock MNGG, although also hopeful of fast turnaround in share price. Crucial example for turnaround: gold! More gold revenues! Another example, urgent removal of Canadian CTO (cease trade order). Shareholders there trapped for year or more, would feel relieved and spark renewed interest buying shares to average down their prices. There are large shareholders there; eg owning say 100 million shares or more, as judged from their complaints.
Once again, presently our major drawback is not clumsy share structure, OS (outstanding shares) 6.6 billion; compared with ideal OS around 1 billion. Rather "perception" problem, as MNGG is seen as doubtful and not credible. Such doubt must be resolved, if once promising MNGG is to survive! Commendation to Joel MNGG CEO for not bowing to pressure from RS (reverse split) advocates to invoke this dreaded action. Because RS now (by company with poor perception tag) would most assuredly spell our doom. Also vital to refrain from unfulfilled promises, and self-imposed deadlines. When feasible, better wait to have job done, before giving update, In our latest case, should have posted fiscal year 2015 3rd quarter May end financials, before updating to give us pleasant surprise.
Bonis Omnibus
Meanwhile all shareholders remain deeply concerned about lack of trading in our stock MNGG, although also hopeful of fast turnaround in share price. Crucial example for turnaround: gold! More gold revenues! Another example, urgent removal of Canadian CTO (cease trade order). Shareholders there trapped for year or more, would feel relieved and spark renewed interest buying shares to average down their prices. There are large shareholders there; eg owning say 100 million shares or more, as judged from their complaints.
Once again, presently our major drawback is not clumsy share structure, OS (outstanding shares) 6.6 billion; compared with ideal OS around 1 billion. Rather "perception" problem, as MNGG is seen as doubtful and not credible. Such doubt must be resolved, if once promising MNGG is to survive! Commendation to Joel MNGG CEO for not bowing to pressure from RS (reverse split) advocates to invoke this dreaded action. Because RS now (by company with poor perception tag) would most assuredly spell our doom. Also vital to refrain from unfulfilled promises, and self-imposed deadlines. When feasible, better wait to have job done, before giving update, In our latest case, should have posted fiscal year 2015 3rd quarter May end financials, before updating to give us pleasant surprise.
Bonis Omnibus
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