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Student86

05/11/10 10:13 AM

#11171 RE: schmedro #11166

"If MEVT management does not give out those dividend shares it would cuz too much of a stink."

At this point it wouldn't matter, this stock price is already in the dumps, there is almost no volume here (except occasional selling) and this management will do what they want. This is just like the forward split situation where management will screw over us investors if they feel like it. At least this time they didn't publicly promise EPRO shares before renegging like they did with the forward split (they just privately promised it to many investors while publicly saying "investigating").

They have now created a "legitimate" excuse to leave us MEVT'ers behind while moving on with EPRO. As of right now, we're all pretty screwed.
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mevt911

05/11/10 10:46 AM

#11178 RE: schmedro #11166

Schmedro, I don't understand how you could think mevt should get the shares back that they issued for the hartindo rights.

That was over 3 years ago was it not?

Also, to say they never got or used the rights is incorrect. They had the rights for 3 years, released umpteen glowing PRs about their prospects and got folks like us to buy mevt shares due to their holding of these rights and their promises of growth because of them. They also sold these rights to EPRO - although as I suggested some time ago, that transaction would not be legit seeing that mevt had never met their quotas to retain the rights in the first place.

And I got lambasted for that...

It seems to me they got a lot of mileage out of owing these rights - at least so far as PRs go. In terms of actual sales or distribution contracts, well, we all know the story there.