OTCQX:DMMIF - Post by User
Post by
1kgcoffeeon Sep 17, 2019 9:12pm
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Post# 30138173
Are they acting impartial??
Are they acting impartial??Pure speculation, but let me know what you think.
They day before Titans announcement, Core announces that they've won some BS 'environment award'. Funny considering Titans problems with the environment.
Then Titan, a company with no money, takes control of Cores secured debt (does this make sense?) And offers to buy the company not in actual currency, but in shares which aren't worth half of what they claim to be, and certainnly less than the liquid trading price of Core right now. So Titan owns Cores secured debt. Secured with what exactly - machinery and land titles??
All that has to happen is for core not to pay off the debt, or engineer a situation of financial trouble to legally hand over core assets when it enters into bankrupcty. I've seen the same thing with Banro defaulting on Chinese loans a few years back. Shareholders were left with nothing.
The whole pending offers and NDA may well be BS smokescreen designed to make it look like the BOD is impartial and not a part of this scheme. Again, speculation on my part. I do not want to be accused of slander by those who have been shown by the courts to not be acting in the best interest of public shareholders.