Scottie99 wrote: mrbb, obviously don't know what they call a gag order and you might want to google it to understand why I can't share any details than I had in the past. If you don't understand the gravity of that statement, then you are obviously a lost cause!
I also mentioned MI 61-101 and the fact that the 65% of the mid-stream assets stripped for LKS is a violation of the Ontario Securities Laws. Maybe you can figure out what is going on as per this violation and the implication of why the Board is reluctant to reinstate the dividend. If you don't understand the reason why they are increasing their free cash instead of paying dividend like their peers, then you have no idea what is brewing!
Take a look at the excerpts I have copy-pasted below (paying attention to the one in bold red) and you can begin to understand why the dividend might not be reinstated soon against the pressure from investors and analysts. If you still don't get it or understand what I have been posting in the past 2 years on what is amiss, that is your problem, not mine!
“arm’s length” has the meaning ascribed to that term in section 251 of the Income Tax Act (Canada), or any successor to that legislation, and, in addition to that meaning, a person is deemed not to deal at arm’s length with a related party of that person;
“associated entity”, when used to indicate a relationship with a person, means
(a) an issuer of which the person beneficially owns or controls, directly or indirectly, voting securities entitling the person to more than 10% of the voting rights attached to outstanding securities of the issuer,
“related party transaction” means, for an issuer, a transaction between the issuer and a person that is a related party of the issuer at the time the transaction is agreed to, whether or not there are also other parties to the transaction, as a consequence of which, either through the transaction itself or together with connected transactions, the issuer directly or indirectly
5.6 Minority Approval – An issuer shall not carry out a related party transaction unless the issuer has obtained minority approval for the transaction under Part 8. https://www.osc.gov.on.ca/documents/en/Securities-Category6/rule_20080201_61-101_protect-minority.pdf
mrbb wrote:
Scottie99 wrote: mrbb, looks like you are taking this personal. You have your opinion and I have mine. You can agree with me or you can choose to disagree but you would be taken serious if you can support your opinion with facts or basis.
If you go through all my postings, as I think you have with the mention of TBE, I am all for transparency and information to ALL shareholders by a company's BoD and Management so security holders can make informed decision about their investment in the company. This is to ensure protection of shareholders on Main Street, who are always at the receiving end of company's distasterous decisions. Because timely information is key to calculated risk, my comments on HSE is to share my due diligence with others. If you can do same objectively, without trying to spin or pump the stock, other posters would take you more seriously!
You said you have info about why the divy reinstatement is paused but you won't reveal it. At the same time, everyone is wondering why with the increasing Oil & Gas prices, the sacrifices they have made during this crisis by the dividend suspension and the fact that the company can afford to reinstate the dividend while its peers are talking of dividend increase, are why you are fast losing credibility on this BB. I don't think posters are loving what I am posting but the fact that I have been consistent in my comments and I have referred everyone to public documents to support my position. So what I am saying checks out as they say and it makes sense as well. It is your problem if you disagree with me!
problem is, you pretend to be mr goodie 2 shoe and the first thing you did when joining stockhouse forum is claiming husky is under SEC investigation for accounting fraud, with pending lawsuit that husky trying to hide. Meanwhile you claim i'm a hse pumper and spinner without any proof to back it up while i have to keep reminding you of your allegation SEC investigation and behind the scene lawsuits against husky. I have brought these claims of your as reminder of your sleaze and yet you never try to explain yourself of those allegation but you keep pretending to seek transparency and openness. You are full of sh!t like i made that call on day 2 you got on this forum with all those BS allegation and slandering. Til this day, you never yet try to explain your accusation while acting like mr goodie 2 shoe.
Obviously dividend re-instatment seem important to you as that's what you are focusing on your last 2-3 reply posts. You also believe and said LKS don't give a hoot about minority shareholders, so why the importance of a divy reinstatement (dr) to boost share price when LKS don't care about minority sharehlders? It come down to balancing between maximizing the window of unmentioned incentive to pressure from investor community. Another fast way to find out is to check with your insider info that you claim to have.