The convictions of your opinion .....
IHUB is not a platform for advising the management of a company ... IHUB is not a platform for managing a company .... IHUB is for "investors" and is appropriately named investorshub ... its an opinion platform for investors ...
IMO, a major theft of minority shareholder value occurred, is documented, was done by new current majority owners of MMPI and endorsed by the OEC (you can't fix stupid no matter where they went to college) ....
IMO, it was a con job .... defined as 1. an act or instance of duping or swindling ... 2. an act or instance of lying to convince others to get one's way
If they conned everyone in BK what confidence should minority investors now place with the current majority owners (or the board of directors) that they'll treat minority shareholders with any respect at all in the future ... IMHO, none, none and none ... don't forget RM is now also a minority shareholder and they don't like him .... and ain't gunna do anything to help him ..
on top of that ... the economic environment for real estate is deteriorating quite rapidly and CA is in major financial trouble with all CA municipalities at serious risk of not being able to meet their obligations as they come due in the coming year.... this has huge economic implications ....
So that I'm clear .... IMO, MMPI is a sinking ship and the minority shareholders are essentially trapped on board (not publicly trading) with no upside potential (the new immoral majority will grab the upside to prevent RM from getting a dime) and minority shareholders have all the risk of owning a piece of a sinking ship ....
I have acted on my investor convictions regarding MMPI as the facts and circumstances developed ....
56chevy .... please feel free to use IHUB to express the convictions of your opinion about MMPI in any manner you see fit .... and I'll continue to do the same ....
IMO, the minority shareholders of MMPI should NOT sleep well knowing they own a reorganized MMPI ....
