OTCPK:HBAYF - Post by User
Comment by
las5513on Aug 01, 2017 4:29am
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Post# 26532046
RE:Land and Buildings issues letter to Hudson's Bay
RE:Land and Buildings issues letter to Hudson's BayBased on this closing sentence/threat ("If we do not see substantive progress on a plan to close the gap to underlying asset value, Land and Buildings may be left with no choice but to call a special meeting of shareholders to remove directors.") I suspect L&B doesn't want to a shareholders meeting as they may get defeated, investors could easily decide to vote "NO" to L&B because it's better the devil you know than the devil you don't.