GREY:DGCRF - Post by User
Comment by
Dibah42on Feb 18, 2016 1:56pm
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Post# 24571630
RE:class action
RE:class action oceanblvd wrote: One valid way to get additional funds from the company is a class action suite that i am looking into.
Prior to this vote it was never revealed by the company directors or accountants that CUR with only one million in the bank would have been virtually wiped out by the unrecorded liability for severance pay under Canadian law. Certainly the option acceleration is morally wrong if not leally so. The board would not be acting under its fiduciary responcibility if it approves such action .
If anyone has any thoughts on this including Todd Axelrod please make yourselves heard.
Todd A, after his massive purchases at $.09 and $0.11 in Jan '15, is likely one of the few who is in the green. I wouldn't hold my breath.