RE: RE: RE: Questions for the company romara,
First, my only factual accusation in my letter to BCSC, et al is that MMY did not disclose to shareholders the "legal disagreement" with Tulum over "ownership in one of the Company's key projects"
(i.e., the 30% stake in Mengapur).
I simply suggested, in addition, that the "legal disagreement" might have been the reason why MMY cancelled the October PP with Tulum.
Although you say that the regulators did not approve the PP, you are incorrect. You should take your own advice and "go back and read the NR" because the January 17, NR clearly states:
"THE COMPANY HAS DECIDED not to pursue the proposed $23.4 million private placement with Tulum, which was announced in October 2012"
Why did the company make that decision? It obviously, IMO, had to do with the "legal disagreement" that we did not know about until Feb. 22.