Wednesday, January 6, 2010

I'm so lucky I met you MRC!

Indeed, when there is smoke there is fire. After two days of denying the issue, the company finally made an official statement which might accelerate MRC to an even higher position. I guess it will reach the ceiling again at today's PSE trading. Here's an excerpt from the letter/disclosure issued to PSE dated 06 January 2009:

Yes, we confirm that there is an ongoing negotiation with Mr. Lucio Tan Jr. regarding a possible Joint Venture that will involve acquisition of a power plant. No other details are confirmed as of this time.

And to borrow from my fave Square Heads song, "I am so happy I met you (MRC)..."


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