OTCQX:DMMIF - Post by User
Comment by
bailey2on Jan 08, 2020 6:51pm
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Post# 30532585
RE:RE:Zhaojin sends out clear message of mis-representation
RE:RE:Zhaojin sends out clear message of mis-representationWow! November 25 "Zhaojin's counsel circulates a draft of the proposed definitive agreement to Coregold's counsel as previously agreed to. Dec 6. A representative sends a letter to Coregold's board asking why they are not responding to Zhaojin's Nov 13 proposal." This is sickening. Fiduciary responsibility anyone? Lock them up, and throw away the key. By the way, i wonder what ever happened to PI financial? Coregold's financial advisor. Were they doing the valuation on the Zhaojin offer? Did they, at the time, do a comparism valuation on the Titan offer? Did our favourite BOD 4 not like what they said? We as shareholders deserve to know the truth. The letter sadly looks like our board had Zhaojin jumping through hoops to stall, and drag it out as long as possible. Fiduciary duties. Shame on you!! Strategic review was a sham by 4 megalomaniacs on our board of directors, in my humble opinion. Because, if it was about money, and the good of the company and shareholders, the Zhaojin offer would have been accepted. Period.