I've offloaded my holdings in MHL at cost price. The hair loss...

I've offloaded my holdings in MHL at cost price. The hair loss isn't worth it. :)

The longer this JV takes to be signed the more it worries me that it won't. I received an email from Sentry a week or so back regarding a question I posed to them on the JV. Basically stated something along the lines of "if/when the JV is signed they will inform the market". the big 'IF' didn't give me a hell of a lot of confidence.

MHL at present are suffering from a severe lack of market communication. From my past experience such an ailment usually isn't the best of signs. (AFG was a classic case of poor market communication. Look what happened to them in the end - yes I got my fingers burnt rather badly there.)

At this point IMHO this stock has become to risky and becoming even more so as each day goes by.

Best of Luck to all the long term holders.