TSXV:LRT.UN - Post by User
Comment by
BobTheKnob2on Jun 14, 2022 4:03pm
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Post# 34756163
RE:RE:Risk of Putting Your Units up for Sale
RE:RE:Risk of Putting Your Units up for Sale
quicksilver545 wrote: Yea, that's what happens when there is zero liquidity on the stock, and the management does absolutely nothing to support it. I'd love to unload my stock at half a cent, but unless management does something to support the stock, that will not happen. The 500 to 1 consolidation will just crater the price as there has been little to no volume or press releases to support it. I suspect they want the price to crater.
VOTE NO
100%
That is absolutely why the company is doing what they are doing. They keep racking up the debt to Shelter/Maitoba which no doubt will be converted at the much lower rate that the consolidated shares will trade at in time. If the management was honest and fair, they would have converted their debt at the same time at the same price as debtntureholders.
Absolutely VOTE NO across the board - all items including the auditor question. That way they will get the message.