WHAT THE TWO CLOWNS SAID What did the two Clowns said:
FROM LDS: “After receipt from TransCanna of a request to modify the terms of the amalgamation, the company's management determined that the proposed transaction would not be in the best interests of its shareholders”
FROM TCAN: “After careful review of the transaction and current market conditions, TransCanna has determined the acquisition of LDS by TransCanna under the terms of the LOI would not be in the best interests of shareholders”
This is a far cry from what both individuals said on the TCAN Conference Call not even one week ago.. Everyone should listen to it…and make your own opinion.
What they say in these news releases is farcical, and their words make them look more foolish!
As if either one of them even remotely thought about what would really be in the best interests of each Companies shareholders.. They got caught with their panties down plain and simple.. Neither of these individuals should ever be trusted again and should immediately resign from their positions.. Brad has absolutely no Credibility amongst shareholders of LDS, in my opinion.. For TCAN shareholders it will be up to them to decide if Jim was thinking more for himself; or for his loyal shareholders best interests...
Brad had absolutely no choice but to kill this deal, even if Jim upped the ante in total desperation..He knew Shareholders were going to VOTE it down by a landslide. LDS shareholders want nothing to do with TCAN ever again; and Brad heard the thunder of displeasure from LDS shareholders through Stock House, Investor Village, FaceBook, CEO.ca, as well as phone calls and messages non stop to the Company and other management..
I would hope after next weeks meeting with the sit down with Brad, we start seeing some very positive changes and news releases coming forward.. There is lots of good news to report on, and that is what LDS should have been doing the past two months; instead of getting in bed with TCAN..
Thanks so much to VIK and GREG for all the time and effort you guys are putting in.. It is so appreciated..
I wish you both the best in having a very positive meeting Brad, Casey, and the CFO and have the opportunity to show them there really are other ways to run this Company that will indeed be in the best interests of all Shareholders..
Best
Nickel