Core Gold DMMIF

Fairness......

[merlin991]

I used to play marbles when I was a kid. I was quite good at it.

When you have a lot of marbles sometimes it was good to exchange some for somebody who has a really large sized marble or one that was a very colour. 

Now how did I know how many marbles were needed to obtain a really large marble? Well there were several ways. One would be to get a sense of weight and provide a similar wight of smaller marbles plus an extra 1 or 2 since after all there was a premium for the larger marble. 

Now occasionally the bargaining became quite heated but a consensus was found by various players who would praise the merits of both sides of the exchange.

The issue that we all got at an early age was the concept of fairness. Fairness requires a value to be placed to both sides of the exchange.


Now in the circular from BOD4 and their kind assisstant says that no attempt was made to make a fair value to what Core or Titan is worth. PI looked at various documents and judged that this was all fair. The delivery of the opinion was verbal. 

Now I have lots of industry experience especially where complex ideas have to be stated in meetings or reports and a cardinal principal was always if it is not written down it has not happened. 

It is now clear that their is no Fairness Report it is just a verbal opinion. I wonder if PI presents other required documents in this fashion as well.

So this is just a con. Apples have not been compared to the other apples. There is no valuation attempt yet an opinion is made to say it is FAIR.

This so called arrangement is simply that: how to make an arrangement credible by not doing credible investigations. It is a sham.

VOTE NO