Mitec Technologies V.MTMH

Notice of Special meeting-Really?

[G1945V]

Is this for real? Consolidate 1 new share for 5.2M old shares.... reverse split

To be held June 6 in Toronto:

4. to consider, and if thought advisable, to pass, with or without variation, a special resolution to authorize the directors of the Corporation to, in their discretion at any time prior to December 31, 2016, amend the Articles of the Corporation to consolidate the Corporation’s issued and outstanding common shares (“Common Shares”), on the basis of a ratio to be determined in the sole and absolute discretion of the directors of the Corporation, of up to one (1) new common share for every five-million, two-hundred thousand (5,200,000);

[jj1948jj]

It is a way to liquidate and only have probably one shareholder left, and that shareholders gets whatever there is

[G1945V]

Is this a fair way to liquidate the company. What are the IP's worth? Approx total outstanding shares 12,600.000 Approx insiders                             5,293,025 (Includes Schwartz 5.2M shares) Approx float reamining