TSXV:ELXR.H - Post by User
Comment by
keeniinvestoron Mar 22, 2019 2:01pm
90 Views
Post# 29524199
RE:Details
RE:DetailsAbsolutely correct on all points mentioned! And yes this is only the beginning. Their egregious behavior continues to go unchecked. Time to submit our unlimited proof of borderline behavior and activity to the TSX watchdogs. We need to inundate with emails regarding this company. LG et al seem to feel they are untouchable (so far they have been) and we all know they have no intention of being accountable to the shareholders. What's absolutely laughable is they have hired Dave Burwell (Howard Group) for investor relations and he won't talk to investors. What has he done anyway except just re-post NR's? Easy gig. Another friend/friend of friend situation no doubt. And Mazen - what the h**** has he done except get LG involved in ETEA only to take a $1.555M impairment/non-recovery? Never understood why LG, who has little $, was helping ETEA who was boasting huge revenue. Did they need $ - no. Can they pay what they owe - yes! So why the impairement? They did a total of $17,728,174 in financing from sep /17-sep/18 and walked away and wrote off $2,768,552 while basicaldly only closing GCL (very poor success rate):
HOH - $497,991
CLV - $715,326 (expect CRESO LOI dead/gone)
ETEA - $1,555,235 (mazen's handy work - merchant banking division ???