Post by
223pershare on Mar 15, 2022 12:18pm
6 directors holding total of 1.038m shares or less than 1%
...entitlled to decide who board of director nominees are ?
Unless someone wages a Proxy Battle that will cost over $1m, or makes use of the Advance Notice Bylaw to nominate a director (the deadline to make such formal nomination is 30 days before the AGM or March 23), shareholders seem to have no real input as to who gets nominated.
Who are the owners again?!
Think - if someone knew enought to follow and comply with the Advace Notice Bylaw, but wanted to wait to read the annual financial statements and MDA before doing so, given the annual results will be issued on March 22, such person will have just one day to act.
If there are meaningful changes to the board of directors, read the Circular closely to see if and to what extent the board asked or listened to any of its existing shareholders concerning nominations. Or if new nominees were selected from friends and neighbors.
If the follwing are still nominated, ASK WHY, given what has been delivered to QTRH shareholder over the long term:
Gillberry 2005
Skippen 2006
Fattouche 2006
Shorkey 2007
Ask why the record date for voting is March 7, 2022, when the 2021 financial results are not even out. (Same was done for the April 2021 AGM, which was a departure from past practice of ireleasing the annual results first, and later issuing a Notice of Meeting).
What is the rush?
Or is the idea to give shareholders very ltttle time to analyze and consider what could be done?
Comment by
Joey67 on Mar 15, 2022 12:59pm
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