TSXV:KUR.H - Post by User
Comment by
gijane_on Jan 15, 2011 9:22am
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Post# 17977277
RE: UBS shareholders, be careful
RE: UBS shareholders, be careful//But I highly doubt Mcgoey and Dolgonos will float a slate.. it would likely trigger that shareholder lawsuit I have been salivating over.. //
Yes, they are shaking in their boots over your salivating lawsuit, LOL.
And yeah, as usual, you're probably "right" ... yet again.
They wouldn't dream of floating their own slate .
Or would they ...
TORONTO, Dec. 23 /CNW/ - Unique Broadband Systems, Inc. ("UBS" or the "Corporation") (TSX Venture: UBS) announces that 2064818 Ontario Inc., a corporation controlled by UBS' former Chief Technology Consultant, Alex Dolgonos, has served a statement of claim (the "Statement of Claim") on UBS ... The Statement of Claim seeks various relief, including among other things ... (iii) an order restraining UBS from obtaining any dilutive financing unless existing shareholders are entitled to participate in such financing on a pro rata basis.
Translation: unless AD's vote is not diluted by shares possibly issued to anyone providing financing.
There has been a floor on UBS you say ?
Wonder who might have been buying to hold that floor there ...