Post by
Aallyy on Apr 20, 2024 8:49pm
Press the regulators wake up button!
As tiring as this story can be, it is important not to take your eyes off of these operators.
IIROC should be made aware of the company's large property acquisition last month with no news out about it.
For example, the sale of FNC shares during that period would mean those who sold were at a major disadvantage to those in the know.
They might not have sold their FNC shares if there had been a news release out!
It would also be interesting to know if any of the selected private placement placees of Dec. 21st bought on the open market. A coincidence perhaps or maybe not.
Comment by
StockscoutX on Apr 21, 2024 1:21am
I am starting to believe that if IIROC lets them get away with just about anything, it's most likely something has legally changed at FNC that they can do without any accountability to shareholder. imo.
Comment by
Aallyy on Apr 21, 2024 10:15pm
They must be held accountable to the highest standards like every other publicly listed company. How can shareholders in any company trust the decisions to buy or sell when there is no continuous disclosure? Who knew what when? We'll have to wait and see.