TSXV:KUR.H - Post by User
Comment by
InDaMoneyon Jul 06, 2010 12:00am
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Post# 17245711
RE: RE: A suggestion to the new board
RE: RE: A suggestion to the new boardGee Sherbie.. you finally get it.. lol
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This corporation does not need another board of directors; it needs a truly independent trustee and a process whereby true shareholder appreciation can be sought and monitored by all or on behalf of all “genuine” common “peasant class” shareholders, Mrmoribund.
The fact that Mr. Silber, the Vice president of CIBC Wood Gundy is somehow involved with this SaveUBS.com associated group of minions does not allow for any degree of confidence; let alone what you expect as being lent “Trust.”
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All the dissidents needed to do was walk into court with their share representation in both look and UBS and demand the courts remove all existing directors and management and appoint a trustee.. the door was wide opened to do so for a few days.. when management went back to court asking for their get out of jail free card the courts would have heard shareholders and if all the nonsense was brought to the court's atention the judge may have moved to protect all shareholder's interests.
Look and UBS have no business function.. there lies no reason not to grant such a request... the only reason to not grant it is the argument such a move would hurt the daily business fucntions and thus harm shareholders interests.. but in this case Look and UBS are shells.. the have in fact been relagated to trust status by virtue of having no business operations.
The simple arguement that ,management has failed to wind things down in a reasonable manner would have been enough IMO.. never mind the pilfering and the rest of the nonsense.
They didn't make such a move because they want control.. now why would they want control? .. yes they could be after the money.. but they must know being the last ones seen holding the bag of money will put the spotlight on them if/when this becomes a criminal matter.. i don't think its about the money at hand in this case.. I don't this this group is the equivalent of common thieves (I'm not saying the last group was.. there is nothing common about them).. its about the tax losses.. its about controlling where they land... or don't land for that matter.
Consider this...
Group 1 has a pre-determiend deal to send the tax losses to Company A when they are done pilfering...
Group 2.. headed by Siber and Rosen have caught wind of it.. they have a better deal worked out.. but management wants nothing to do with them.. so they move to take control so they can "maximize" their returns..
Feasible. and it would explain why Siber was loading up.. there must have been a plan.. and an incentive above and beyond the "chance" things will work out.
This nonsense that they are just a bunch of gold guys doing the right things is internet chat forum fodder being sold by the usual suspects to already victimized shareholders.
mrMoribund wrote:
"I seen the passion in their eyes" or soemthing along those lines..
What a load of nonsense.. two of the three never owned many if any shares until after the nonsense became public.. they weren't wronged.. they were recruited.. to be propped up and sold for consumption.. to very suspecting perpetual victims... the key being "suspecting".. Rosen couldn't put his name up .. think about it along those lines.
If there is ill blood then we may see some movement towards recovery.. but I really don't see much happening.. but it might.. they get that much in advance.
As for 6180's ridiculous insectuous comments that I'm bent out of shape because they stole "my thunder"... sheer nonsense.. I'm worried this latest bit of theater will distract the sheep as planned and there will be no thunder.. like the heavenly sound of a gate sliding shut behind Gerry T McGoey and his crew as they get herded inside an institution not of their chosing where tax payers will take care of them for 3 to 5.. (They can still date who they chose inside however.. or who choses them)
This isn't about my ego 6180.. its about predators preying on the working class.. its about a system that allows garbage to prey on others and even dispatch "thugs" to target them .. its about how incompetent the OSC is. I've been warning you people of how useless the OSC etc is for years.. you now understand.. you now all see how this industry really works.
My effort/site is a product of the situation.. its a hassle and even conflicts with something else I have on hold.. I'd love nothing better than to see another group hold this lot accountable.. I just fear this situation is one where the common peasant class shareholder needs to unite and act on their own to get the resultts they seek and deserve.
You lie for a living 6180.. you were never fooled.. you are part of the problem. You made excuses for this "gang" over and over again.. argued every concern in their favor.. lied through your teeth repatedly.. thus the tag "insect".. so you vouching for anyone or playing the victim here doesn't sit right with me.
You are now tied to the dissidents.. you never changed sides.. your handlers did.. you do and say what you're told.
Take Care!
InDaMoney