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  4. Mining Global Inc. (MNGG) Message Board

Not stated plan of company to make money on the RS

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Post# of 12259
Posted On: 12/17/2015 1:02:51 AM
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Posted By: Natural Treasures
Re: Bulloney #10524
Not stated plan of company to make money on the RS. A/S & O/S are coming down together if the RS happens. Revenues, your guess is as good as mine about how much we have. And revenues are different than net profit. While it would be great if the company could buy more shares, spending a million dollars or more on buying back shares at .0001-.0003 to get us to 1 billion or under, will likely slow any growth and make it much harder to pay the 10's of thousands needed to bring MNGG current and reporting. All while trying to expand operations.

There is a plan in place and we should get many more details soon. Big day tomorrow.


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