....what ever the number of shares MEC have..... ~684.5 million owned by ~ 2500 shareholders
...capital raising should be offered to those shareholders as the "1st cab off the rank"
684000000 x 0.004 ..... EQUALS $2,736000
.........................after relist ....that amount...would be the proof that the parent company
..can RAISE a lot more with the SP @ ....35 cents
....i wish some of the above shareholders would speak out about this ....as a SH of BPH ...the last 3 years have been extremely BAD ....but nothing, nearly as bad as what MEC SH`s have had to put up with.
Lets get approval FIRST and then we can move on to Raise the Cash.
p.s. the directors have already taken a big bite of 0.004 shares for services rendered [e.g. PDF]
......MHO
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