NYSEAM:COE - Post by User
Post by
blowme4funon Aug 25, 2010 5:55pm
615 Views
Post# 17383609
Hope the Regulators Step in
Hope the Regulators Step inInsiders participated in the debenture offering for total gross proceeds of $125,000. In relation to the insiders who participated in the private placement, the Company has determined that there are exemptions available from the various requirements of TSX-V Policy 5.9 and Multilateral Instrument 61-101 for the issuance of these units (Formal Valuation -- Issuer Not Listed on Specified Markets; Minority Approval -- Fair Market Value Not More Than 25 per cent of Market Capitalization)
This is just wrong they have no regard for their shareholders