TSXV:CYX.H - Post by User
Post by
Moonshot87on Aug 17, 2018 7:16pm
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Post# 28480853
Almost at a 52 week low
Almost at a 52 week lowCalyx has returned to where it was a year ago and has completed a private placement at the same price it did in 2016. This was a completely unneccesary dilution of shareholder value seeing as the price has been allowed to decline from over $0.30 to $0.05 with absolutely NO action on the part of management. Roger Forde has utterly failed in one of this two core responsibilities as a public company CEO, which is market communication and company promotion to build shareholder value. We have NO idea how he has done with his second main responsibility, which is actually running the company, because he and his team refuse to communicate in any way, shape or form with their shareholders.
Any shareholders with more than 100,000 shares, please respond to this post. Together we can form a coherent group and be prepared for the next shareholder meeting. There are roughly 94.7 million shares outstanding, if we can come together as a large enough voting block to influence decisions then there may be a chance to force transparency.
Roger Forde is running out of time. The next set of financials must be released by the end of this month.. hopefully he has someting to show for his months of silence.