RE: RE: My updates K6 --- I won't be sleeping soundly until the JJ crooks are routed in there dirty game! Interesting that I again received the same taped solicitation message in two recent days from a Kinsdale agent--- hope this is a good sign that the numbers are coming up short to the offence/Offer!
I sent Kingsdale a three page list of questions trying to sort the conditions of the Offer --- here is the reply I received from them --- make of it what you will ---
Thank you for your inquiry and detailed review of the materials. While you will need to make your own decision as to whether to tender to the offer or not, you can appreciate that the board of Goldbrook, who has a fiduciary duty to all shareholders, carefully considered all options available and, as set out in the Goldbrook directors' circular, concluded that the JJ offer was the best alternative for Goldbrook in the circumstances. If greater than 50% + 1 of the Goldbrook shareholders agree, JJ will control the company. Whether the company remains public or not depends on the number of shares tendered to the offer and if less than 90% are tendered, taking Goldbrook private will be at the sole option of JJ. If Goldbrook is not taken private, it will remain a publicly traded company.
I have put in bold the point that does concern me in this sad trail of events ---