OTCQX:DMMIF - Post by User
Comment by
The_Alchemiston Dec 21, 2019 10:06am
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Post# 30479521
RE:Small Claims Court
RE:Small Claims CourtRonnie, I agree that this a logical plan B or Z or wherever we are at now. It would be extremely unfortunate if it came to each shareholder filings their own claim. In Ontario maxim claim is currently $25, 000.
If it came to this, it would be advantageous for all shareholders to pitch in a thousand or two and have a law firm formulate our case so it could be easily presented in front of each of our respected courts for each defendant.
If this was the eventual outcome, I think Titan and Core’s BOD4 and sam Wong would be extremely happy. Even if 24 people filed small claims cases against each of them, plus Core Gold itself, at a maximum 6 defendants X $35,000 X 24 = $5 040 000. So they’d have to collectively pay 5 million... while they’re walking away with assets that could be realistically worth billions once properly developed by compent professionals.
A class action would cost them $100 million, plus.... and it would be embarrassing for them.
The Alchemist