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Eco Oro Minerals Corp C.EOM

Alternate Symbol(s):  GYSLF

Eco Oro Minerals Corp. is a Canada-based precious metals exploration and mining development company. The Company was focused on advancing its principal asset, the Angostura Underground project. Its Angostura project is located in northeastern Colombia. The International Centre for Settlement of Investment Disputes (ICSID) Arbitration Claim has now become the core focus of the Company.


CSE:EOM - Post by User

Comment by sailor8on Jul 17, 2020 5:05am
139 Views
Post# 31279722

RE:CVR Mail

RE:CVR Mail
...(less an amount of such proceeds equal to the 2017 CVR Holders’ pro rata share of the 2020 Total CVR Amount)...


+ same for the 2019 CVRs

This is the part which shareholders and 2017 /2019 CVR holders defrauds by usury, hidden in the fineprint of the 2020 CVRs. And this usury is massive ! It includes more than 100 % "interest rate" which is "lessed" from shareholders and 2017 /2019 CVR holders in favour for these "certain"  2020 CVR holders (a very small group of certain people).

I doubt that such an afterwards massive worsening of given rights can go through a legal check. Usury is clearly forbidden in the Canadian Criminal Code.

https://laws-lois.justice.gc.ca/eng/acts/c-46/page-78.html

Other things are just cosmetic, which can not cover this ugly usury attempt by a small group of people. The massive amounts "lessed"  in favour for the small group of the 2020 CVR owners will be only realized by most shareholders and 2017, 2019 CVR holders, when the final calculations for the payouts will come...


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