OTCQX:BGMZF - Post by User
Post by
Lenard49on May 25, 2017 11:19am
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Post# 26282767
New AGM
New AGMReading the information circular with the AGM notice one thing becomes apparent. The shareholders do not have any vote in this meeting. In 2011 the shares stood at 64,162,686 issued. Today they stand at 335,584,144 with 51% held by Osisko. Isn't that impressive. Since we had the present bandits get involved they increased the shares out there with most going to Osisko and the board and the management team. Shareholders had no say in this issuing of shares. Equity has been watered down to where shareholder have little left except to ride the cycle until they move any capital out and fold the lot. Not a great situation.