Post by
LongRoad on Jul 16, 2009 3:44pm
Patience to be soon rewarded (I hope!)
Filed yesterday at SEDAR - Xceed has scheduled a Special shareholders meeting for September 10th, 2009.
Note the following -
Xceed wishes to start operating as a bank as early as Q1 of 2010.
A shareholders' meeting is required for conversion to a bank.
This meeting is unrelated to the annual meeting which took place March 12, 2009.
I am speculating that Xceed will be announcing some very good news regarding its status and that we could see a significant increase in share price. Just hitting book value would be over a 100% return from here.
Comment by
freddy1966 on Jul 18, 2009 9:31am
Good catch LongRoad !Thanks for sharing !Freddy1966
Comment by
TheRock07 on Jul 28, 2009 1:34pm
The conversion to a scheduled bank, by shareholder approval at the Special AGM on Sept 9, is excellent news.The share price should increase substantially , as that date approaches and as the conversion becomes fully known to the investing public.Many tks for posting that news..