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Velan Inc T.VLN

Alternate Symbol(s):  VLNSF

Industrials
Velan Inc. is a Canada-based manufacturer of industrial valves. The Company designs, manufactures and markets on a worldwide basis a broad range of industrial valves for use in critical applications. It provides solutions to many sectors including power generation, nuclear, oil and gas, chemicals, LNG and cryogenics, pulp and paper, geothermal processes, shipbuilding, defense, and carbon-neutral technologies. Its product categories include quarter-turn valves; gate, globe, and check valves; cryogenic valves; HF acid valves; steam traps; bellows seal valves, and Velan ABV valves. Its service includes research and development, maintenance manuals (IOMs), spare parts and service center locations. Its quarter-turn valves include Memoryseal ball valves and VTP-2000 high performance three-piece ball valves. The Company's cryogenic valves include cast steel cryogenic valves and API 602 small forged cryogenic valves. The Company has manufacturing plants in approximately nine countries.


TSX:VLN - Post by User

Velan Inc
Bullboard Posts
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Comment by WDMBellon Feb 01, 2017 12:34am
473 Views
Post# 25781475

RE:RE:buyout

RE:RE:buyoutThis company would not exist if the founder were not still in possesion of 15.7 million shares with 5 to 1 voting rights.  It should be bought out as all the other holders of the subordiante voting shares are getting the short end of the stick to finance his legacy.  All this is fine if the current CEO (his son) was delivering, but he isn't.  What he is doing is driving it into the ground so in the best interest of the share holders it should be sold or liquidated.  Thoughts?
Bullboard Posts
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