Statement From Chairman
https://www.silvercorpmetals.com/news/index.php?&content_id=325
The statement includes the paragraph below. I am one of those investors who sold 1/2 my shares due to the uneasiness of the situation when the 'anonymous" letter came out. I still have lots of shares, and I want to thank Mr. Feng for all he has done for his company. I hope the SEC does something, the RCMP and FBI find this anonymous and prosecute them. I, and other shreholders should never have been put in this short-selling scheme by the manipulators.
Clyde
While we will focus on building value for our shareholders going forward, many questions remain to be answered. (1) Who are the anonymous short sellers behind this short and distort scheme? (2) Who will compensate the Company for the substantial monetary and non-monetary losses incurred to defend ourselves against these non-recourse allegations and rumors? (3) Who will compensate shareholders who were frightened into selling their shares at a loss? (4) How will market integrity be protected from this kind of anonymous short and distort scheme so that no other legitimate companies and their shareholders will be hurt by a similar scheme again?