While King has been paper juggling his properties he had transferred to his farm hand then to himself for the sale which he passed in at 950K recently.....OCV got offically wound up in court.
I actually just received my official OCV share holding statement although the shares dont appear in my etrade account any more.
But I'll frame this share certificate.....good one to look at on the wall and remember.
Without being bitter...I would like to see King pay something for his role in the demise of MFS.
It was clear during the administration process that King was playing the high flyer...had made mates loans from the company to fund their real estate ventures....all the while.....MFS traded around $6....now.....worth absolutely nothing.
Looking forward to seeing how this pans out.
The last people I would want chasing me for money is a bank who would have the expertise to corner the animal and gut it.
OCV Price at posting:
99.0¢ Sentiment: None Disclosure: Held