Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

Bullboard - Stock Discussion Forum Parent Capital Corp V.PAR.H

Alternate Symbol(s):  PTSRF | CEYFF | V.PAR.UN

Parent Capital Corp. is a Canada-based resource company. The Company is engaged in the evaluation, acquisition, exploration and development of resource properties. The Company is inactive and is engaged in seeking an asset to acquire.

TSXV:PAR.H - Post Discussion

Parent Capital Corp > Looking to join opposing voter group Partner's REIT
View:
Post by Wocketship on Nov 16, 2019 2:09pm

Looking to join opposing voter group Partner's REIT

1. Don't believe "independent" valuation commitee and un-biased fairness BMO advise.  Value is off.
       i) $39.6 million of equity over 46.5 million shares is $0.852; not $0.78.
       ii) change the cap rate ( $income over value ) by only 25 bps. and the ereal estate valuation is much higher. I have yet to receive the valuation that I have requested.
        iii) Mr. Grant Anthony owns 7,226,436 Units (15.7%) and is not independent;.
        iv) How is the 36.3% Lock-Up favorable vote benefiting from the "Support Agreement" Mr. Moray Tawse owns  the additional 9,514,246 Units (20.6%). This agreenmnt should be made public. 

2. Why is there a separate Discent voting process independent from the voting for/agains the Arrangement proposal? 

The locked up vote is not sufficient even when added up to he MAA 20.03% ownership to secure full approval of 66.67%. As such, I would add my dscent vote to those who want to discent
Be the first to comment on this post