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ModusLink Global Solutions, Inc. Message Board

  • gtwinkies gtwinkies Jun 23, 2014 9:43 PM Flag

    Form 8k filed this evening ( Amendments to Articles of Inc. or Bylaws; Change in Fiscal Year)

    Friends , what is the the significance of today's filing. I have lost tons of money on this . I am getting very impatient . Do you think things well get better ?

    jsimmons4444,spook2b,fedele123,investing777cpa Any thoughts ?

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    • Not sure...was it just the electronic voting issue? Might mean they need to move on some deals and the next board meeting is not for three months (guessing).

      I am with 123...they have $90 million to buy some profitable companies...they have a good track record in acquisitions...I work near Olympic Manufacturing Group (acquired years ago by HNH); they are busy all the time...would love MLNK to find one like that...

      I hear good deals are hard to find...so keep the faith...it may take some time.

    • I don't see why not, they have all this money now sitting in the bank, they have to do something with it soon. It has to be the right company bought, profitable and self reliant. I still think once that company is bought, the stock moves higher faster.

 
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