Quattro Exploration and Production Ltd QEXXF

Shareholders take note.

[elgaveeno]

If you thought you purchased shares in this publicly traded company, with an effective board (mandated by law to protect your interests), consider this latest purchase as proof you did not.

This is a private company, run amlost exclusively by the President for his own purposes. There is no possible way that an oil and gas producer would need or want to purchase a failing seisimic hardware outfit, unless it benefited the President personally.

This is not an independant arms-length transaction. The last company that the President ran, Kinetex had SRD's Dr. El-Hamamsy on his board. Kinetex was actively involved with the failed impementation of this technology.

https://www.statesidereport.com/Stateside_Report_Holiday_2009_Kinetex.pdf

If you hold shares in QXP, you should be asking your board to  provide an opinion on this deal, as it pertains to your rights. It makes no sense whatsoever to purhcase SRD, at any price, if it is not accretive to share value.