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Tuscany International Drilling Inc T.TID



TSX:TID - Post by User

Comment by pennywyse2on Feb 05, 2014 4:29pm
195 Views
Post# 22176581

RE:RE:Legal Counsel

RE:RE:Legal CounselYou have to remember you have two issues going on here. One is the potential class action lawsuit adressing the misrepresentations made in the 3rd qtr financial filings and conference call, plus the sweetheart deal with M&P as a major shareholder.

The second issue is that you want to intervene in the bidding process to make sure best value is received.

The misrepresentation issue is a slam dunk and once Dawson et al talk to their attorneys about it, they will know they are in trouble.

That gives you the point of leverage that you need to achieve your objective on the second issue.

It's about the best legal strategy. For that you need a lawyer.

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