GREY:RGVNF - Post by User
Comment by
Monedas1on Sep 05, 2007 9:27pm
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Post# 13347794
RE: Question. . Answer. . .4.5%
RE: Question. . Answer. . .4.5%6% would mean 51% ownership of McCallan, a controling interest. 6% means responsibilities for financing, strategic planning, operational management and more exchange oversite I believe. Our current mangement is certainly not up to this task.
For this reason, I have always recommended 4.5% additional interest with a proportional reduction in the shares subject to early transfer. FYI--This proposal was acceptable to Dietman at one time but now I believe that the offer has been withdrawn.