RE: RE: RE: Directors' Fiduciary Duty you are correct in your assertation that the company is not claiming insolvency.
so, why are we recapitalizing? it is NOT in the best interest of shareholders as laid out in their corporate governance policy as their top objective!!!
"the mandate of the Board is to supervise the management of the business and affairs of the Corporation
with a view to the best interests of the Corporation and its shareholders generally. "
This costitutes a breach of fiduciary responsibility.