RE: misleadg Hello 007YoungGun et al,
One certainly smelt what this crock was cooking, if you will.
Alas, it had in part been a certain “odiferous” scent which served in driving one away from this company’s Stockhouse bulletin board, eh.
Indeed, some of the largest India based telecommunications customers had been touted as representing a saving grace, if you will. Alas, it was not meant to be.
By the way, one does in part agree with your assessment of company management, specifically Mr. James A. Tocher.
You’ll note that one Sherbet2 had long ago called for the immediate replacement of the then Chairman and CEO, Mr. James A. Tocher.
It’s quite the shame that the other more acceptable directorate members, namely Mr. Patrick Smith, the recently appointed Chairman of the Board, hadn’t earlier elected to replace James A. Tocher.
That’s correct. Information which had been shared with investors and prospective investors during previous company Conference Calls was, at the very least, “inaccurate.”
That 10 Million Dollar “secured Credit Facility being attained by the end of the month “shtick”, a certain routine which James A. Tocher performed for interested analysts and company investors during a previous Conference Call, was … Well, sufficed to state that such a maneuver proved to be somewhat “telling.”
Finally, you may very well be correct in suggesting that Creditor Protection proceedings may very well be part of that which would be in store for Tranzeo Wireless Technologies Inc. and its primary “Creditors”/Investors.
Alas, it’s quite obvious that common “peasant class” shareholders stand the greatest chance of being scr_wed by way of such an abused “Creditor Protection” process.
Hmm; one would wonder what a certain Macquarie analyst would think of all that has transpired thus far.
Sherbet2