RE: Abandonment...PO running the show I also think you are correct about PO running the show.
I think it is time to share what Don Venturie told me in our conversation a couple weeks ago.
This is the just of the conversation as I remember it... just wish I'd recorded the conversation in retrospect!
Many points were brought up but the one that took me by surprise was what I related to in my post " I believe that"
What Don V stated is that he was taken by surprise when he was asked to sign the name change documents for Apella to Pacificore. What surprised him is that in that transition PO was to recieve 20% of the Lac Dore personally... I presume via taking a portion of the 80 + million shares of Prestigue. He said that he was furious and refused to sign such a document. Aparently the documents were redone to take that provision out, if this is in fact true it would explain possibly why Chris Chu also left the company... I am not a criminal lawyer but this seams highly inapropiate to have such a chain of events attempted.
That being said what comes to mind that may be potentially criminal:
One: that the CEO was attempting to aquire via devious means a portion of the asset ( Lac Dore , Presigue shares). This would explain the reason for setting up each of the projects into seperate companies, providing the means to split off a portion via direct share transfer without making a public anouncement of divestiture.
Two; None of the managment can be trusted as none of them took any steps to make this potential transfer public. It is a breach of trust in my opinion.
Three: That they in concert covered up a potental transfer of property to the CEO
I must reiterate,This is hearsay directly from a director that was to act in the interests of shareholders as an unbiased independent director. Had any of the remaining directors actually been significant shareholders I would expect they would have been more agressive.
I think we all need to be aware of the potential breach of trust and coverup that has potentially occured..... At least that is what my conversation with Don Venturie revieled in my opinion. How could we ever have any of these directors continue if they cannot be trusted.
Sorry for keeping this silent for 2 weeks... I thought they would see the light and do the right thing and allow the disident trusted group to take the reins of the company and begin driving shareholder value.