Melcor Developments Ltd (OTCPK:MODVF)

$ 9.33 0 (0%) Market Cap: 279.35 Mil Enterprise Value: 708.34 Mil PE Ratio: 34.89 PB Ratio: 0.33 GF Score: 83/100

Melcor Developments Ltd Annual Shareholders Meeting Transcript

Apr 26, 2023 / 05:00PM GMT

Release Date Price: $8.91

Transcript

Timothy Charles Melton

Melcor Developments Ltd. - CEO & Executive Chairman

Well, it's silent. So I assume that means we're ready to start. It comes up so quickly, and I never feel totally ready, but I'd like to welcome everybody to the Melcor AGM. Great to see everybody here. I've got shareholders and a lot of employees and lot of stakeholders. It's great to see everybody. Great to be here in this beautiful sunny Alberta day. And it's a nice location. It's been 3 years since we've been out of -- able to come to a nice live event. We had our last 3 AGMs on virtually. So I took my suit out of hibernation today after 3 years in the closet. I reserve this for bankers meetings and shareholder meetings.

Anyhow I'll just make a few general comments. My name is Timothy Melton, Chairman of Melcor and CEO. This is our 54th meeting as a public company, our 54th AGM. But it's our 100th year of operation as a company. We'll talk a bit about that later.

But a lot of you have been here through the morning. We had a REIT meeting at 9:30 this morning. And then we followed it up with a Melcor

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