OTCQB:UEXCF - Post by User
Comment by
mangoeon Jan 13, 2022 8:06pm
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RE:Coex potential spinout
RE:Coex potential spinout NewCoreFish wrote: I'm very concerned that Roger may try to spinout COEX before this year's AGM. The problem that I have is we are in our Fifth year from when Roger first announced the spinout and he has been unable to negotiate a appropriate deal that would benefit existing shareholders. I for one am not comfortable with someone negotiating a spinout that is suppose to benefit shareholders when he holds barely any shares himself as of today 206k shares after almost 8 years with the leadership roll, does anyone else see a problem with this??
In one of the past interview he stated that he could not find a partner, to complete the spin out, the gentleman that was interviewing him ask him if you really do need a partner, he says no, but it would be much better to do a spin out with a partner to move forward, so I don't think this spin out will take place, it was just a distraction during the uranium bear market, the uranium bull has arrive, so we can forget it.