RE: XT & FLX Not sure if this is viewable or not and probably not new to the board. Both PNP and Sheldon I. hold a substantial interest in FLX on a percentage basis. Martin, Sylvain yada yada. It's the same crew that pulls the XT strings. I also noted Martin's other play VGD has the same players in common but Sheldon I liquidated his position.
Anyhow...why do you think FLX holds shares in VGD was it by chance? I have no proof but I firmly believe XT will be a capital tap. Martin and Sylvain should be ashamed tapping three companies for Management Fees. Looks to me they are pulling nice paycheques on an aggregate basis but their focus is too diluted
| nsider Name: | Inwentash, Sheldon | |
| Insider Relationship: | 6 - Director or Senior Officer of 10% Security Holder | |
| Ceased to be Insider: | Not Applicable | |
| | 2011-03-10 | Common Shares | Pinetree Capital Ltd | 8,360,778 | | | |
| | 2010-02-09 | Common Shares | Self-directed RRSP of Sheldon Inwentash | 3,350,332 | | | |
| | 2010-04-30 | Warrants (Common Shares) | Pinetree Capital Ltd | 1,388,889 | | 1,388,889 | |
| | 2009-10-30 | Warrants (Common Shares) | Self-directed RRSP of Sheldon Inwentash | 1,000,000 | | 1,000,000 | |