A ... something stinks, I mean that's quite a correction for a company that starts PR with my favorite phrase "We are pleased to report" and then gets sold down hugely.
Yep, my recollection is the 2 officers and directors invested $9M of their own cash into MVG and owned 100% of the company. They then had an IPO at C$3. They have still not sold a single share per the filings I've seen and now own 39% of the company. However, they were wise enough to sell additional shares on the way up and thus diluted themselves down to 39% ownership without selling a share, and MVG has gobs of cash...
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