OTCQX:DMMIF - Post by User
Post by
RONNIE111on Jul 28, 2019 2:00pm
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Post# 29968300
judgement day
judgement dayI don't see another bad merger happening. The Titan deal only made sense to the Core shareholders that voted for it (besides Washer who probably wasn't in 'The Deal', and Vetex? -it is stilll a mystery to me why they would vote for giving away half the company to a company whose board is under criminal investigation) if all the shareholders besides themselves were diluted to zero. In another merger vote they would need both Washer and Vertex again. It seems very unlikely they would or could try that again.
If Washer and Vertex turned against the present BOD, it would be close to turfing this board, but maybe not quite enough. I assume the regulators are not going to do anything. So , at this time it comes down to what Reyes is going to do. And you can only think that he will do whatever is best for himself. And if stealing the small shareholders shares isn't an option, than that would be maxing the share price of Core. On his own, Sedun can't do anything, so we needn't worry about that #@%^&* again.
My best case senario would be the company that Mr. Piggott brought an offer from buys Reyes' 40 million (plus or minus) shares in an off market deal, for say 50 cents a share, and then we can start to make plans. Or Reyes decides to go straight and gets behind Core. Then the properties are drilled and we see exactly where all the promise takes us.
I think a class action is way too slow. We need action now, and unfortuantely , but hopefully not, Reyes will be the quickest way to drive things forward.