Friday, January 13, 2017 8:08:59 PM
With that acquisition & 1st EBITDA positive Q we are well on our way north of $8.00 IMO
Last time $MNGA~ was $8.00 it was EBITDA positive on about 600k annual revenue. Had fewer shares back then of course but Clean Coal is the big league compared to welding sector which is nothing to sneeze at... https://www.gasworld.com/praxair-linde-merger-what-happens-next/2011923.article ...recently $MNGA~ put blank check preferred stock poison pill financing in place to protect against any hostile takeover threats!
Clean Coal testing, and verifications are/were where a majority of the burn rate came from so $MNGA~ will be shedding that burn rate with the Clean Coal Tech Company acquisition near term and will be well on the way to EBITDA positive with mega revenues
Last time $MNGA~ was $8.00 it was EBITDA positive on about 600k annual revenue. Had fewer shares back then of course but Clean Coal is the big league compared to welding sector which is nothing to sneeze at... https://www.gasworld.com/praxair-linde-merger-what-happens-next/2011923.article ...recently $MNGA~ put blank check preferred stock poison pill financing in place to protect against any hostile takeover threats!
Clean Coal testing, and verifications are/were where a majority of the burn rate came from so $MNGA~ will be shedding that burn rate with the Clean Coal Tech Company acquisition near term and will be well on the way to EBITDA positive with mega revenues
Sail Bay
Come on in... The Waters Fine! :)
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