RE: RE: RE: RE: News!!!K613 ,i'm totally agree with you, 2009 2011 same pattern :in 2009 2 crooks made a low ball bid against CZZ at .60 when they saw it was very hard to find financing for the project with the market collapse. After dealings,we get .80,with nothing to say. Right now,we have the same crooks ,fighting one against the other for the same jackpot,but one thing is different now,it's the fact we have a shareholder agreement ,and in a case of an hostile bid ,we can buy a share at the half price for each share we own This agreement took place in 2005 and was reconducted in 2008 for three years term.
The Rights issued under the Plan become exercisable only if a person acquires 20% or more of the
common shares of the Corporation without complying with the “permitted bid” provisions in the Plan or
without the approval of the Board of Directors of the Corporation. Should such an acquisition occur,
rights holders (other than the acquiring person or related persons) can purchase common shares of the
corporation at half the prevailing market price (as defined in the Plan) at the time the Rights become
exercisable. Each Right, upon exercise, would permit the purchase of shares of the Corporation at a
substantial discount to the market price. WE better have an extension of this agrement,don't be surprise if the postman rings twice...