Spackman Equities Group Inc V.SQG

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Spackman Equities Group Inc. is a Canada-based investment holding company. The Company invests in and develops small/medium-sized growth companies that possess industry-specific know-how or proprietary technologies, primarily in Asia. The Company also makes investments in selected publicly traded companies. The objectives of the Company are to invest in or acquire businesses with compelling growth potential at attractive valuations; build a diversified and balanced portfolio of investments, and deliver the collective value derived from the performance of its portfolio of investments to its shareholders. Its wholly owned subsidiary is SEGI Investments Limited.

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Spackman Equities Group Inc > Time to vote the Board of Directors out?????

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Comment by SuperMoneyon Sep 07, 2018 1:55pm

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RE:Time to vote the Board of Directors out?????

Good estimation! Worth to review it. Thanks.

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!