MHL 0.00% 0.3¢ monitor energy limited

some insight, page-2

  1. 643 Posts.
    sirjohnnyboy,
    did u follow mhl in 2007-2008-2009?

    Well, the directors get a very good salaries and all what they do is nothing and there were a lot of announcments that turned out to be nothing. A few example:

    1- announcemnet of a conditional JV with an oil company where the name os the company is secret.
    2- 6 months later: announcment a conditional JV with sentry oil company.
    3- Nothing...conditional JV is gone.
    4- Oil sweeping in the ground in Kyrgistan: a few photos...
    5- Uranium in Kyrgistan:...work in progress...it is in progress forever...
    6- Oil in Indonesia: applying for leases to drill in Sabah-Indonesia...zero progress.

    During all these years, the company get an income from thier sharholers using spp,options issue or share issues and the directors get a very good salaries.

    Why in the world an ordinary shareholder should send them money after the above facts?
 
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