InvestorsHub Logo
icon url

engineer_6589523

08/11/13 8:40 PM

#7678 RE: roger wilco #7677

MTPR management has demonstrated that they have no concern about the common shareholder. There have been no PR's to help support the share price and the share structure has remained horribly bloated. I sincerely doubt there will be any investor friendly actions in the near future.
I wouldn't say that. Almost all of the employees and management are fairly significant shareholders, aren't they?
icon url

lbdave

08/11/13 10:06 PM

#7681 RE: roger wilco #7677

I have to agree with you on several points, but the reverse split you continue to mention in pretty much every post you make would be a far fetched idea lol. Even though the bloated share structure as you call it is in fact high, only a very small percentage of it is owned by retail shareholders. Less than 100 million shares are in the float (retail) while the remaining 2 billion are held by management. So, with those figures available can you tell me who would benefit from a reverse split.

Lakers was mistaken when he refered to insiders holding prefered shares. They actually hold restricted common shares, and there are no prefered shares issued or outstanding.