GREY:WFREF - Post by User
Comment by
Reflecton Jan 20, 2016 11:58am
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RE:RE:RE:hes right
RE:RE:RE:hes rightThis is about small investors rights and protection.
You are a funny little man BlueCollar51 with an amusing little brain. You have demonstrated over & over again your immaturity & lack of understanding between right & wrong and now, extend this to the law by throwing out childish web addresses as if this is a mark of intelligence.
What has happened in LRE's case is very concerning to all investors in regards to Stock Investing, Management Rights & Powers in private corporations & their actions & responsibilities to shareholders; upholding of contractual agreements with shareholders; filings of information & withholding of investment information form shareholders & the sharing of investment information with only privileged shareholders etc. There is an established trust & legal binding agreement between Management & its Shareholders & in LRE’s case; this has been broken. LRE management has lied to investors, broken a contractual agreement with its shareholders & has shared info with only a few special shareholders.
Free VOTE is a special freedom & one that should be defended. You BlueCollar51 as a Communist sympathizer cannot comprehend what this means.
To you & your little mind this may seem minor but this is a very precedent setting case involving LRE & its obligations & fulfilling of its contractual agreements with its shareholders.
LRE mgt. are “agents” acting on behalf of its shareholders. They do not own LRE outright. LRE shareholders were given the right & the power to FREE VOTE by LRE mgt. who approved & recommended the MIE deal to the shareholders in writing & promised by LRE mgt. with the stamp of approval from the Lenders & then’ was totally disregarded by LRE mgt. This action is illegal & subject to investigation & review by “LAW.” This means an investigation by the TSX & Securities Commission which could lead to a criminal investigation for securities fraud, embezzlement etc.
In your little world, criminals are allowed to go free. The Securities Commission should invest this action but according to your little mind, if I do not fork up tens of thousands of dollars & begin a lengthy court battle full of obstacles imposed by LRE mgt., the TSX, the Securities Commission – well, the criminals go free.
This case is about small investors rights & protection.
First: Trading ceasing on the TSX for LRE & then an investigation by the TSX & the Ontario (Alberta) Securities Commissions is initiated which then follows a criminal investigation leading to court procedures. In the midterm; trading is resumed with the same mgt. at the helm or is replaced by the courts. Other civil procedures can be started because “contractual” agreements are drawn up & is a subject of Corporate law. And on it goes.