RE:Time to vote the Board of Directors out????? ValueP, you are totally right. However, the Board of Directors didn't choose your way probably because they expect more gains from the stake in Spackman Entertainment. In anyway, I strongly believe that SQG has very strong fundamentals with great potentials. It is just matter of time to see share price going up from $0.025 at present. Cheers. Please be noted that this is only my opinion. It is NOT any investment advice. Do your own DD.
ValuePumpKing wrote: Its a simple equation .....
Stake in Spackman Entertainment is worth 6 cents per share canadian ....
Reduce the position by 15% and pay shareholders a special dividend or I would rather a large buyback at 0.04 cents
Unloading 15% of the stake would bring in 1.3 million cash$!
Buyback 30 million shares at 0.04 cost 1.3 million!
new sharecount would be 120 million with 7.7 million in equity (9-1.3) increasing the equity to 0.065 accretive to shareholders. And would def increase the stock from this 2 cent range!