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Westaim Corp V.WED

Alternate Symbol(s):  WEDXF

The Westaim Corporation is a Canadian investment company specializing in providing long-term capital to businesses operating primarily within the global financial services industry. The Company invests, directly and indirectly, through acquisitions, joint ventures and other arrangements, with the objective of providing its shareholders with capital appreciation and real wealth preservation. Its strategy is to pursue investment opportunities with a focus towards the financial services industry and grow shareholder value over the long term. Its investments include significant interests in Arena and the Arena FINCOs. The Arena FINCOs are private companies which include specialty finance companies that primarily purchase fundamental-based, asset-oriented credit and other investments for their own account. Arena consists of two main business lines: Arena Investors and Arena Institutional Services (AIS). Arena Investors operates as an investment manager.


TSXV:WED - Post by User

Bullboard Posts
Post by ChiChi3on Apr 10, 2007 12:57pm
548 Views
Post# 12578766

Board of Director elections

Board of Director electionsI strongly encourage all Westaim shareholders to vote NOT to re-elect Daniel Owen to the Board at the May 2nd meeting. Not sure how many shares are represented by readers of this board but even if we don't have enough to vote him out, at least it sends a message that the selling of as many shares as he did, without a reason given, is not acceptable for a Board member. To me it really shows his lack of enthusiasm for Westaim and iFire in particular. Is there anyone else we should vote not to re-elect? I would really like to see someone on the Board with some high-level electronics industry experience who can provide some guidance to management. How about you HOLDFOR10X? You probably know far more about this company and the iFire technology than most of the Board. ChiChi
Bullboard Posts