RE:RE:RE:WHAT THE TWO CLOWNS SAIDHEY RRLLSS
Maybe I wasn't clear in what I was trying to say. I will try again.
You are right to some degree, but remember Jim had spent 18 months on the LDS’s payroll as President figuring out their next gig.. These two guys are intertwined like twins..and its obvious they have been planning this a long time..Just listen to what Brad said about Jim at the latest LDS AGM.. All very glowing..
In my opinion, Jim did absolutely nothing for LDS; but kill the share price in his debut talk on BNN. The share price collapsed moments following his interview.
Also obvious is the fact that those that got in early on the TCAN IPO; as well as the earlier PP’s would be supporting Jim in what he was trying to do.. after all, he voiced that same message in their recent Conference Call that “all these earlier individuals were pre hand selected individuals and safe”.
With all the TCAN free share trading shares coming up now and in early August, TCAN knew they had to come out with some great news, otherwise the share price would start a downward trend as we are know seeing... This arrangement was the thing they thought would work. One has to wonder what all those shareholders who bought in from 3.00 all the way up to 8.00 are thinking right now..
One also has to really look back at the history of these two (BRAD and JIM) to see what they were really trying to pull off with this arrangement..
Everyone knows Jim was the former President of LDS.. What even makes it stink more is that fact that Jim was also shortly followed by LDS’s next President in Arni J, as well as having two other LDS Directors move over.. once again; all paid for over the years and at the courtesy of LDS shareholders..
In my opinion; there is no doubt Brad has many of the earliest shares in TCAN.. and more likely so do the other individuals that moved over from LDS to TCAN. Who knows what other options Brad could have been promised he would get to agree to such an asinine arrangement.. I can only imagine; but I wont go there..
Yes, I think this arrangement would have been the saving grace for TCAN (in the short term) for the only reason that TCAN could promote another run up in share price to make sure these particular hand picked and safe individuals above could all sell out at very nice profit..
In my opinion, I also believe it was not about trying to build a great company for the benefit of interest of the majority of shareholders of either Company. These few individuals wanted to sell out and make the fast buck; then only to see the company share price drop back down over the year and then start the whole process all over again.. This is what they do best ; and in my opinion; they could care less about anyone other than themselves..
If it wasn’t for the shear volume of LDS shareholders voicing concern they would be voting NO to this deal it very well could have slipped through…Brad got caught in his final game and Brad must vacate his position; no shareholder will ever trust the man again.. LDS shareholders have witnessed time and time again the Broken Promises of Brad that never came to be.. LDS shareholders have paid a very heavy price to get to where they are today.. and they certainly didnt want to start it all over again with the likes of TCAN and the past individuals of LDS now leading the pack at TCAN.
LDS is finally at the point we have all licenses and facilities in place with operational and sales starting to grow.. TCAN is at least two; if not three years away from where LDS is at.. LDS will survive and prosper in the years ahead.. As for TCAN, good luck, but if I owned TCAN shares right now I would be looking to off load them as fast as I could..