Fintech Select Ltd. V.FTEC

RE: RE: Let's Hear Some News

[bullrider2012]

MESSAGE POSTED by

privateyes0

Hey bull rider - we love your style and agree. That's why in our initial post, we made reference to the Corporate Playpen - hoping that would encourage some value - oriented dialogue. This was not a personal attack directed at any Officer or Director, but it appears that we've struck some tender nerves here. Either there is a misuse of Shareholders' funds or there is not. Very expensive travel, condos, vehicles and lifestyles meant to show the world the success of this company and executives in our opinion is not in the bet interests of the Shareholders and the sooner that is exposed AND AUDITED, the better. It will be interesting to see the replies that this post receives from insiders and their playmates.

In my opinion it is the role of the Chairman of the Board to police managements spending.  The Selectcore Chairman, Martin Bernholtz  is suppose to be independent from management as a Director should be looking out for all shareholders.  He is a Charetered Accountant and as such should have a pretty good handle on what constitutes sound business practice and what might lean more towards perks and compensation.  Perhaps he could address this at the AGM, assuming they have one this year.