Seeking Alpha

Mannatech continues slide, investor discloses 9.1% stake

  • Shares of Mannatech (MTEX -15.2%) continue falling after the company reported a $0.30 loss in Q3 on $44.4M in sales (+3.3% Y/Y).
  • Michael Challen has disclosed that he holds a 9.1% stake, or 241K shares, in the supplement maker. (13G)
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Comments (1)
  • Jonathan Brand
    , contributor
    Comments (236) | Send Message
     
    Interestingly, most of the hits that the Mannatech pyramid scheme website gets at http://bit.ly/1c5yeZe come from South Africa now.
    25 Nov 2013, 06:05 PM Reply Like
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