PLEASE SIGN THE PETITION and circulate content to friends, colleagues and family members.
https://www.assnat.qc.ca/fr/exprimez-votre-opinion/petition/Petition-3199/index.html
Mechanical translation from the original French text:
Petition:
Review of the Raymor privatization and protection of small shareholders
Text of the petition
WHEREAS the disputed privatization of Raymor in February 2010 stripped $30 million from 8,000 small shareholders of this company in nanotechnology and advanced materials;
WHEREAS l’Autorité des marchés financiers (AMF) document shows that 21 maneuvers undisclosed to shareholders were made in 2009 enabling the privatization in 2010 and that these maneuvers do not respect the rules of securities regulation, or Raymor disclosure policy established by the TSX in 2006;
WHEREAS AMF has disclosed the dubious maneuvers used only on February 12, 2010 to shareholders, too late for shareholders to file complete legal action, effective and timely to oppose and block the privatization;
WHEREAS, despite numerous requests for investigation by the shareholders of Raymor in 2009, the AMF allowed the privatization of Raymor on February 4, 2010;
We, the undersigned, demand that the National Assembly shall convene the AMF to the Commission of Public Administration to:
-To examine the circumstances and facts surrounding the disputed privatization of Raymor;
-To propose tightening the regulations to the Bankruptcy and Insolvency Act protects the assets of small shareholders;
-To establish a better control of securities and corporate regulation that places the protection of small shareholders as a central objective of the law;
-To establish an independent public investigation concerning the disputed privatization of Raymor.
Conditions to be able to sign the petition
Deadline to sign: September 6, 2012
Number of signatories: 94
Thank you for your support and solidarity which is much appreciated.
Good luck to all,
dalesio_98
https://www.stockhouse.com/Bullboards/MessageDetail.aspx?s=ORT&t=LIST&m=31145692&l=0&pd=0&r=0
PS. Petition is to be signed by Quebec residents only.