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FAMILY MEMORIALS INC. V.FAM

"Family Memorials Inc is operating in the death care industry. The principal business activity includes retailing monuments and memorials through its wholly-owned subsidiaries and with agency and sales agreements with funeral homes. The corporation operates in western Canada and southern Ontario."


TSXV:FAM - Post by User

Post by zoton Apr 29, 2014 2:42pm
105 Views
Post# 22503632

thoughts on the MCTO

thoughts on the MCTOSEDI currently lists three insiders with stock,Scott,Glen and their father Robert. So who is the MCTO targeted at? Glen and Robert control approx. 2.5 million shares worth approx. $300,000.00 on the open market providing you could sell that much without the bottom falling out of the stock price.I don't think thats it. However the MCTO was requested,so possibly there is a difference of opinion on which way the company should go.Maybe one side wants to aggressively pursue a buyout. If Glen and Robert threw in with even a small group of investors it would be possible to out vote Scott's 3 million shares and cease control.
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