RE:RE:RE:RE:Synthian Shareholder Meeting August 13thgolde., on page 20 of the Scythian circular Aug 13, 2018., Haywood Valuatuion clearly, unequivically lays out they relied solely on what financial and other data was given to them.
Haywood did no follow-up to check of accuracy, validity, certainty of anything they where given by Scythian and related companies Conclusion, if substantiated. APHA Board of Directors made investment decision relying on Haywood doing absolutely no infield checks.
Therefore entire APHA Board of Directors get fired. All of them for being so flucking stup*d.
"In rendering the Haywood Formal Valuation and Fairness Opinion, Haywood has relied on the accuracy and completeness of the financial and other information provided to it by Scythian, and each of their its respective affiliates, associates, advisors and representatives. Haywood has assumed that the Information is accurate and complete and does not contain any material omission of fact. Haywood’s analyses, conclusions and opinion as to value are conditional upon the accuracy and completeness of such information. Haywood has not conducted an independent investigation to verify the accuracy or completeness of such information. Haywood has also relied on the public information available to it from sources which Haywood believes are reliable, but which it has not independently verified."......
https://webfiles.thecse.com/investorx/SCYB/1808230441014847.pdf?Vk77B2ujKCfH1nGl6N05Q3.gt7mVHu8Z
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goldenjay - (12/4/2018 4:20:36 AM) RE:RE:RE:Synthian Shareholder Meeting August 13th I don't think Aphria makes any fraud. If there's fraud, its made by Scythian Bioscience. Aphria is just a victim. IMHO Even in worst case, nothing to change to Aphria, but 6.3%dilution.