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Bullboard - Stock Discussion Forum Concordia Healthcare Corp. T.CXR.R

TSX:CXR.R - Post Discussion

Concordia Healthcare Corp. > To all longs: Why did the CEO transfer over 2M shares?
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Post by PROtrading on Sep 27, 2016 10:42am

To all longs: Why did the CEO transfer over 2M shares?

When you change ownership from yourself to a different entity, a numbered, nameless, corporation, why was this not disclosed?  How can longs defend that action?

As of that moment, the CEO no longer owns those shares.  They are controlled by the company that can be transferred, assigned etc to another shareholder.
Comment by Lumberfeverlong on Sep 27, 2016 10:48am
It was diclosed in the proxy circular and it is his 100% owned company.  Done for tax planning reasons and no different than him owning the shares personally from a control perspective.  If the company sells to a third party, it would have to be disclosed.  Stop spreading irrelevant information.
Comment by PROtrading on Sep 27, 2016 10:53am
Dumberfeverlong, you're not a crook too are you?  Crooks hate having information discussed.  The want to keep in all under the carpet.  Well, that's not working out too well is it?  " Stop spreading ... information."  Nope, ain't going to happen.  Information will be posted as I dig it up. What date was the proxy circular filed and since it ...more  
Comment by LaticelnExile on Sep 27, 2016 10:53am
This post has been removed in accordance with Community Policy
Comment by LaticelnExile on Sep 27, 2016 10:54am
This post has been removed in accordance with Community Policy
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