Post by
WildlyBullish on Dec 05, 2022 4:28pm
A few questions
so hypothetically if XBC shareholders end up with zero after all is said and done. What's to stop other small Canadian publicly listed companies from repeating this same process of deliberately running a company into the ground and leaving shareholders as bagholders? I thought part of the role of the BOD's is to watch for scenarios of this nature? Shouldn't they be also held accountable to some extent?
Comment by
savyinvestor333 on Dec 05, 2022 7:06pm
You are right there. I have been party to numerous class action lawsuits against U.S. listed comanies and can't remember how many cheques i have received because of these.