SPX 12.5% 0.9¢ spenda limited

mintopia [min]?

  1. 44 Posts.
    With that 4C, I doubt Roadshows will achieve any share price gain (hope I'm wrong).

    According to the shareholder newsletter, MOT will turn EBITDA from -$1.1M (Loss) to +$5.3M (Profit) by Dec 2012. If this is achieved (based upon a 10xMuliple, 430M shares & no more dilution), the share price should be around $0.12 in 1.5yrs.

    However, for MOT to sky-rocket (ie 50cent+/share) in the booming mobile industry, it needs successful mobile expertise on its Board (successful = made money for shareholders). To get successful mobile experience on its Board, will cost MOT serious money & I doubt such big guns would move across to MOT given its performance.

    I'd like the Board to consider the following alternative (a diligent Board should always assess options that can deliver better shareholder value). Shareholders married to MOT being a mobile marketing coy will rubbish this option. If, instead, you want to make as much money as possible (ie 50cents+/share) from our strengths (ie mining knowledge & connections), have a think about this option & run it by your Broker (everyone wins!):

    * MINtopia = Mining Utopia [MIN]
    * MOT has Board members that have been very successful in the mining industry (FMJ 20cents to $1.45 (high was $3.98) & GTE 3cents to 40cents)
    * MOT should sell its current assets (products, services, platforms, customers, staff) to a mobile marketing company that has success in this space (if the assets are as good as the newsletter says, they'll be snapped up at a very good price)
    * MOT should use the proceeds of the above sale to acquire good mining assets (given Board's mining expertise & knowledge)

    Within 6-12month, MOT can change to MIN, which should get the share price to $1.00 to $1.50. Who wouldn't be happy with making that kind of money?

    All in IMHO
 
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