RE:RE:good post by sieur peasoupDon't be silly Newcamo. First of all yyou have to risk a new $30,000 for that "privilge." Don't imagine that seeing 8 cents anytime soon after the restrucutre is a sure thing. At 8 cents. with some 25 BILLION shares outstanding that amounts to a market cap of $2 billion dollars - thats about an 8 fold multiple of where we stood just before the restructure. That isn't happening any time soon, certainly not overnight - and that is just to beak even. Meanwhile SALP is hugely in the money on even just say 3 cents and they have made some $230 MILLION without putting up any additional money!! Boy is this lobsided. They want to steal your shares without a vote. That is the reason for the "hardship" request by SALP. "They have stolen your shares - now they want to steal your vote. This is the only way to stop this. this is the very worst option for investors in my opinion. IT IS ONLY GOOD FOR SALP!
EMAIL DISCLOSURE@TMX.COM AS SOON AS POSSIBLE TO DENY THEIR HARDSHIP REQUEST.
The only hardship here is that of the investors not of PLI and SALP.