TSXV:FCO.H - Post by User
Comment by
17Diggeron Jul 02, 2019 8:59am
104 Views
Post# 29879373
RE:Vote yes and avoid bankruptcy!!!!
RE:Vote yes and avoid bankruptcy!!!!Wynjoe
You say "over 97 per cent will vote yes". Your math is as bad as your logic - FCC alone has over 6% NO VOTES and we investors have many millions more.
Here is the real math.
We have about 3 cents a share in cash but you think we will be sold for ZERO because we will not give it away to Jervois. We will have about $6 million dollars in our Treasury for our own use.
Our share price has dropped about 50% since Jervois offered us less than a 50% share in our own ICP Project with their friendly smash and grab merger offer.
We have a good chance of getting rid of at least two bad Execs soon.
Now that will be progress !
xx