Kure Technologies Inc V.KUR.H

RE: 50% of Tax Loss Credits expiring Next week

[gijane_]

What nobody is talking about is that McG kept implying there was 360 M$ of value in the tax assets. Yes he did say about half would fall off the table at end of this year, but what he did not say was that in order for someone to be able to use those taxes, they would have had to have been in Look's business for at least one year prior.  McG never mentioned or even  emphasized that, and not only is that misleading to shareholders, it is material, IMO.

Also, if instead of wasting your time with nonsense you'd read the MD&A, you'd come across the following very interesting statement:
"While UBS intends to vigorously defend the claims filed by Messrs. McGoey and Dolgonos and pursue its
counterclaims against these parties and certain former directors, none of the claims, counterclaims 
and  defenses  made  by  the  parties  to  the  foregoing  litigation  have  been  proven before a
court of law. Further, there can be no assurance that any of UBS’ counterclaims and/or defences will
be proven before a court. "

Now, perhaps it's just my twisted mind, but the last statement could be interpreted to mean that they will try to settle out of court.  that would mean McG and AD would get away with a slap on the wrist, if that.

So instead of wasting your time chest thumping and riling nobody's feathers, why don't you try and put together some kind of legal argument to get the responsible parties to face the music?

And has it occurred to you that come the next AGM there will again be an election of directors and AD still has his 20 million or so shares?