InvestorsHub Logo
icon url

RichieBoy

12/23/08 2:22 PM

#2460 RE: johnsomw1 #2459

That question is on everyone's mind John

I don't think it is a question of whether they ramp up production. If they don't they die that simple. The question is will the retail shareholders realize the ROI? I have seen companies quite happy to sit back and RAPE the shareholders for any profit all the while making lots of profit on the product thank you very much.

The real question is, will Magnum's management be cooperative enough to benefit the retail shareholders as well as there own pockets? That is a pretty fancy BOD don't doubt they will be looking to pocket first. Once that is all taken care of they could simply blame the economy for there woes. That is why I am so insistent on management to become more transparent finacially. Waaay to much going left unsaid here and the market won't like it from a BB stock, they have said as much already. If they were a pink they might have gotten away with it but not on the Bulletin Board more is expected of them.

So far I don't see it and that gentlemen is why the stock price sits here and squanders. Production and it's increase IMO is not the real issue. Will management support it's shareholders in there success? It better start real soon or the stock will be tainted no doubt in my mind.