TSXV:CAV.H - Post by User
Comment by
blue_seaon Sep 09, 2012 3:28pm
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Post# 20340320
RE: From My Last E-mail
RE: From My Last E-mail So it was an official news release where BAJ's BoD (or the marionettes of Mount Kellett) mentioned that with stage II financing from the Korean Consortium BAJ will only remain a interest of 10% in it's former 70% own subsidary.
So when it comes to point that BAJ will remain 40% the whole story stinks to the sky, because that news release was a further trigger to launch waves of selling.
Furthermore the whole storyline is far beyond any edge of legality since Mount Kellett tried and get the power over BAJ. Illegal Board of Directors, change of the Shareholder Rights Plan, and last but not least - if the 40 percent of your post is the case - releases that impacts the market and finally are not the truth.
People want to suit J.G. - why not suit Mount Kellett? They played BAJ like a devils harp. Set the case Mount Kellett never would have been involved I bet that BAJ never would came down to such a level where the hot money ruins the investment.