TSX:CSH.UN - Post by User
Post by
dildonmeon Sep 17, 2007 9:50am
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Post# 13409214
Read this spunk from company
Read this spunk from companyThis is a laugh..ROTFLMOA!
The reason that the press release was sent out was because a Globe and Mail news report was about to be sent out on the wire services. The article contained information on our process from so-called “confirmed sources” that may have lead to investors trading the units higher, when the company had different information about our current process. Our Board and management took the advice of our securities lawyers, who insisted we get ahead of it to avoid possible litigation from investors, who may have traded on that erroneous news report.
All of us at Chartwell have most of our personal net worths invested in this company and we are totally aligned with the interests our Unitholders. Therefore, we truly understand how Unitholders reacted to the events on Friday. Our reaction was similar.
We can only assure you that Chartwell is a great company with a very competent Board and the best management team in the seniors housing business, who work hard every day looking after people’s moms and dads and, at the same time, endeavouring to maximize value for our Unitholders.
Thank you for your interest in Chartwell
Your comments are very much appreciated.
Stephen A. Suske, M.B.A.
Vice Chair and Co-CEO