RE:other directorsOur board of directors? What is going on here?
Somebody has a lot of questions to answer?
Somebody needs to go to jail and it's not the retail shareholders.
This is crazy. Creditors don't one day loan you money and the next day ask you to pay it off in full (unless they're the mofia) they just want their interest on the loan which is, who knows, probably about 30 or 40 thousand a month on the said debt of $4.8 million. That's not much of a problem, in my opinion, for a board of directors to solve and keep this company solvent....unless there are other ulterior motives?
I'm an old man, a shareholder in a Canadian company. I'm not supposed to know any of this stuff and I don't want to know any of this stuff. That's why I have and voted for, this God damn board of directors. And to my limited knowledge, it's the way companies work. They're there for us, not to set up a system to line their own pockets?
I'm pretty sure that this BOD and company can't put out a rosy news release one day and, more or less, tell us Argex shareholders that this is 'the best thing since sliced bread' and then in less than 2 weeks put out another one saying ' oh yes, but we forgot to mention we're going to put this company, the one with great potential, into bankruptcy.
' In other words, all retail shareholders will lose everything we have invested in Argex, financially ruining some people and their families. All of this while many of these people will inherit the ruins which is this great company, Argex, which we know has great potential and SIGNED deals because they just told us that in the previous news release.
Do they think we are fools? But the bigger question is are they right? Are we fools to let them get away with it? Remember, we have strength in numbers.
And, also, don't forget, they did all of this making sure they don't have to face us with the answers. They made sure of that by canceling the AGM? Now they won't answer any of our letters of complaint either?
What is going on here? Where are the governing bodies that are supposed to be protecting us? This is not supposed to be the Canadian way?
If they put us into bankruptcy,( making life miserable for many innocent investors and their families,) join together and make them answer the many questions and peculiarities leading up to this decision with the news releases and the sell-offs and everything else.
Don't let them get away with this.
One slightly pi$$ed off shareholder.