So at least three possible outcomes for the AGM:
First: could be canceled again like the last three and maybe for the same lame bs reason or maybe all their expensive consultants can brainstorm up a new one.
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The July 25th, 2022, August 3rd, 2022, and September 1st, 2022AGM’s were cancelled due to significant milestones that required additional time to complete which were relevant for discussions with shareholders.
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Second: They actually hold the meeting on the proposed date but is purely perfunctory. Directors are re-elected, no new business nothing to report, vote themselves nice a pay raise for exceptional performance, meeting adjourned, seconded, off to the bar.
Third: actual good news (actually any news) is revealed.
What would be nice is some real accountability, honesty, transparency, following through on their commitment to keeping shareholders informed. Zero chance of that.
1 or 2 being the most likely, number 3, not so much
If there was any good news they would have announced it immediately, if it was material it would have to have been released per regulation (not that there is any meaningful regulation of these companies as is evidenced by the fact that you can dodge AGM's because you haven't done anything)
Wonder if this would work?
"we cancelled our next 12 mortgage payments due to significant milestones in obtaining the funds that required additional time to complete that were relevant for discussions with the bank''
What a total load of carp.
Regulators!
What a joke.
33 days to go.
Stock is down again today.
I promise, if it hits zero, I'm out.
I mean it too.