General TopicsThe Management Discussion booklet and Annual Meeting details can be viewed on SEDAR.com
Back in Feb 2010 David Beutel, (Chairman of the Board) held 2,750,000 shares and now has over 16 million as of May 27, 2011. he is also President of Belweather Capital partners which own 4.4 million shares of Futura. I think everyone is trying to make Futura a success and are willing to back it up.
Because they are currently in dialogue with other car dealer associations in Canada, I feel it's only time before something is finalized there. Their growth strategy is ambitious and I hope their anticipated foray into the US auto market will be a success.
I'm not an expert on stock consolidations. Some investors have experiences of the stock price dipping after a rollback, while in other cases the stock moves up. No doubt this will be discussed at the Annual Meeting and on how to increase shareholder wealth. A good business plan which has been outlined in the recent MD& A coupled with steady progress will help the stock price.