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Gold/Mining/Energy : Markatech - MKD (VSE)

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To: BlueIce who wrote (245)6/16/1998 9:00:00 AM
From: Robert J. Mifsud  Read Replies (2) of 416
 
Well, yesterdays market is a good excuse. But, what about the last 18 months. Let's not continue to make excuses for the company. Lord knows they do that well on their own. The bottom line is, they have not performed, period.

I think management think they are still running a private company and give no consideration to the investment shareholders have made. Unfortunately, so far, shareholders who have supported the company for more than a year have not taken them to task. As a result the only thing shareholders have received in return is a kick in the teeth with the consolidation and a 12 cent share price to boot.

Remember, this stock did trade up to 22 cents on speculation of the CD deal being announced. At that time the company sold shares into the market intentionally keeping the price down. That was not to benefit existing shareholders but rather to facilitate a 500,000 share option for the insiders at 15 cents.

BlueIce, we will no doubt have delays getting the CD Plant off and running. Delays are the company's history. However, it would not be in your best interest to try and justify those delays.
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