Excellent Summary by BountyhunterTruly excellent summary Bounty and I agree fully with your time line. When we craft our complaint, I suggest that we leave the emotion out if it. Stick to the facts.
Looking down the road, it is unclear where we will go. But I hope there is consideration of a criminal case. Conspiracy to defraud is a serious offence, and although it is for the courts to decide, the EOM board may have crossed the line. It is without doubt that a short while ago we retail investors owned about 64% of the company. Nefarious actions of the board are well documented by the proxy group and the Concerned Shareholders, the result being that today our ownership has been reduced to roughly 9% subsequent to the giveaway to the participants and the board who have eneriched themselves and continue to do so. Referral to Crown Council and the RCMP commercial crime section due to overlapping jurisdictions could very well happen
The unfortunate element of white collar crime is the involvement of regulatory agencies that are supposed to protect our interests, we all know where that oversight failed us. I do not believe this is a hard case to make and a forensic audit would uncover any incriminating emails or communications between the parties involved. The board has been very transparent about their egregious actions which could be their undoing.