GREY:EORBF - Post by User
Post by
Antoninasson Apr 19, 2017 8:19am
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Post# 26136051
Management May Let Shareholders Hang. So Much for Devotion
Management May Let Shareholders Hang. So Much for DevotionAll the negative press which includes the upcoming delisting from the TSX will unfortunately make it almost impossible for Orbite to secure government funding or a major financing that will baloon the dilution to unprecidented heights. The only chance is for Orbite to convince a major JV partner to invest tens of millions of dollars for a partnership share. The government may then award some funding as incouragement for the JV partner to sign on the dotted line. Where will that leave us shareholders? Sadly, I believe out in the cold. The way Glenn Kelly was running the company these past few years , Ifelt he was working for IQ and those providing financing like Greed for Creed, IMHO certainly not for us SHAREHOLDERS. I would go into SHOCK if somehow a deal was worked out saving us SHAREHOLDERS. At least the petition demonstrates the strong feeling and dedication of shareholders. I wish management felt reciprocally.