OTCPK:VGIPF - Post by User
Comment by
InvestorSuperfanon Nov 06, 2013 6:38pm
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Post# 21882967
RE:Short Notice of Special Meeting
RE:Short Notice of Special Meeting
I gave RPL's press release another read.
From the NR:
"the Renegade board will comply with FrontFour's meeting requisition and will call a meeting this week, well in advance of the required 21 day statutory deadline to do so."
The phrase "call a meeting this week" is ambiguous. Does this mean that the meeting will take place this week (see my concerns over this in my initial post on this thread), or does it mean that RPL will simply announce the date, time, and place of the meeting this week, with the actual meeting taking place a a later date......? A lack of clarity from RPL managment - shocking.....
I agree with a previous poster's comments about the extreme secrecy of RPL management. RPL's AGM took place much later this year than it did in 2012, and as far as I can determine, there was no indication on their website that the AGM would be delayed, for how long, etc. I know everyone, like myself, are impressed with the assets RPL holds, but this is a classic example of how poor managerial decisions / behaviour can mess up otherwise quality holdings - like managers of an art museum which contain rare and valuable pieces holding a paintball tournament inside the building.