Post by
Lenard49 on Apr 27, 2018 5:05pm
2018 AGM
Since PointNorth took control of LIQ it has gone in the hole. Now we have a situation where Point North appointed directors have sold a 19.9% of the shares. Remember these are new shares issued by the NorthPoint appointed directors. It paves the way for North Point to bale when ready. They watered down existing stock by the creation of a large amount of new stock. I do not see this as being in the interests of existing shareholders. A number of questions come up in respect of the information circular items and how this reflects on the board. The 2017 AGM fixed the board at 8 bodies, PointNorth somehow appointed 9 and now asks approval for 9 . Not acceptable in my mind. Not ethical in my mind. With a control interest being created and then sold to Auroria is a ethical question as well. I would recommend that shareholders vote against the majority of what has been presented to us.