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Re: A deleted message

Friday, 02/04/2011 6:35:00 PM

Friday, February 04, 2011 6:35:00 PM

Post# of 34471
It actually makes perfect sense that they would want to be listed on an American exchange.

I'm not going to go back and explain the SPAC/TMI days, but I'll remind you that they had a big opportunity due to their contract with the Ministry of Transport and they wanted to captilize on it right away.
They could have and in fact were considering doing an IPO but the process would have taken too long so they chose the fastest way.

The only capital they raised was from the warrants and with Starr and since they haven't found any big aquisition target or better use for all that cash and still they keep making even more cash why not build shareholder value and issue a dividend? As a fellow long I'd think you'd be happy paying, I mean receiving the dividend:)
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