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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 Aug 05, 2020 1:58pm
756 Views
Post# 31368015

RE:RE:RE:RE:Courtenay Wolfe

RE:RE:RE:RE:Courtenay WolfeThe payout at a 300 million award would be after a so call "re-direction" to the 2020 CVRs owners...

1) to owners of the 2019 CVRs
2) to owners of the 2017 CVRs
3) to shareholders

It would depend on the day, when the last cent from Colombia had arrived on the escrow account for this purpuse.

Figures with dates, my calculation says:

  to usury for total to award sum remains
payment 2020 2020 2020   for
day between CVRs CVRs CVRs   distribution
           
07/13/20 20 35 55 300 245
01/13/21          
           
01/13/21 20 50 70 300 230
07/13/21          
           
07/13/21 20 65 85 300 215
01/13/22          
           
after 01/13/22 20 80 100 300 200

Unfortunately the last row is the most probable for an award payment by Colombia in this endless story.

After the usury stealing ("re-direction") for the small number of 2020 CVR owners, the distribution will follow 

1. to the CVR 2019 holders according to their new and strongly reduced rights
2. to the CVR 2017 holders according to their new and strongly reduced rights
3. what remains go to Eco Oro which will finally distribute it after all "costs" covered ...  to shareholders.

A perfect perfide exploitation of the old investors (= shareholders) of Eco Oro.The ICSID may think that they are compensating the investors and their damage by an ICSID award. But the money will go in pockets of certain other persons.

Except we get a legal protection from a Canadian court against this systematic exploitation of the old shareholders of a Canadian company.

To roll up all this in front of a Canadian court: The usury attempt would be a good possibility as it is in my view even a criminal act what is done by the 2020 CVR gang, according to Canadian laws.

Corrections and comments are wellcomed. 


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