Post by
bttmfischer on Apr 19, 2023 10:56am
Superior Plus's AGM
A couple of days ago I received the Noting of Meeting and Management Information Circular, in the mail. I am annoyed that it was to be a "VIRTUAL AGM", held by webcast, online, not in person.
Considering that the company is in a process of expanding its activities in a new field (for Superior at least), and the pendemic is over for all intents and purposes, why does it have to be by webcast?
My holdings exceed the most shares owned by a board member, and it is unlikely that it could ask ANY PENETRATING QUESTIONS during this AGM, due to its virtual format.
Since the board members receive a generous travel allowence to attend the AGM, that cannot be the reason.
So what is the reason for it being virtual?
Maintaning a strict control of the flow of information? Preventing any embarrassing quesions coming
from the floor?
Any ideas fellow shareholders?
Comment by
JosephM1 on Apr 19, 2023 10:59am
I am in your position, but have no concerns over virtual, actually means I do not have to travel ! You are not very secure in your ownership!
Comment by
bttmfischer on Apr 19, 2023 11:13am
Why am I not secure in my ownership? Can tou enlighten me?
Comment by
JosephM1 on Apr 19, 2023 12:22pm
Just your comment! So what is the reason for it being virtual? Maintaning a strict control of the flow of information? Preventing any embarrassing quesions coming from the floor? Any ideas fellow shareholders?
Comment by
bttmfischer on Apr 19, 2023 2:29pm
It looks like you misunderstood my post. At this time I am not concerned, however I do not want to be blindsided at the AGM either. I am not that happy with Pembina having its virtual AGM either, for the same reasons.
Comment by
bttmfischer on Apr 19, 2023 5:28pm
Well it also reflects on the declining work ethics in Canada, methinks.