GREY:RVRCF - Post by User
Comment by
factRbeston Jan 17, 2019 9:33am
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Post# 29244623
RE:Ascot/IDM merger meeting date
RE:Ascot/IDM merger meeting date Advanced member
phoenix_trader - (1/16/2019 1:05:28 AM) Ascot/IDM merger meeting date Filed on SEDAR:
Subject: IDM MINING LTD.
Dear Sir/Madam:
We advise of the following with respect to the upcoming Meeting of Security Holders for the subject Issuer:
Meeting Type : Special Meeting Record Date for Notice of Meeting : February 08, 2019 Record Date for Voting (if applicable) : February 08, 2019 Beneficial Ownership Determination Date : February 08, 2019 Meeting Date : March 20, 2019
=============================================== I am waiting for the shareholder package.
I want to see where the 4.1 million disappeared to in under 2 months.
As well IDM has securites that will be handed over to ascot once bought.
Equities that can be sold as they are not considered in the selling price.
As it stands right now this stinks of a scam of all scams.
If this deal fails I won't be surprised as Ascot ends up with 5+% of IDM at less than 4 pennies a share.
Funny when the short action pre-PP disappeared the thing was sold.
I guess mining the street was no longer lucrative.
FYI As of July 31, 2018
IDM had
1.6 million in cash
17K short term investments
152K receivables
156K prepaid expenses
2.3 million in marketable securiites.