OTCQX:DMMIF - Post by User
Comment by
merlin991on Dec 05, 2019 7:12pm
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Post# 30427098
RE:RE:RE:RE:RE:RE:Titan offering cash to ... just some people?
RE:RE:RE:RE:RE:RE:Titan offering cash to ... just some people?It's more of the same scam.
Titan with no doubt certain of our BOD is now trying plan C.
How to get the required shares and making it look legal.
The only sizeable shares of the non Canadians who are being persued for their shares are Javier and Rob Washer.
They have made this bizarre outrageous offer to get those roughly 55m shares. Titan does not have to pay anything but just a promise to have those 55m into cash. They could say if a paper financial trail is needed that those shares only yielded 1c a share. They would get them on paper for $550k.
Now the real carrot is a kickback later when the Core assets are carved up and sold for say $200m because once down under they can do what they want. The promise maybe $100m will be divided as per % of their shares: Javier gets $50m Washer gets $20m and the other $30m divided between the the other 3.
They have form is the term.
So in this story the two parties divvy the carcass as before 50/50. And of courese you know who 'us' (the rest of us will get confetti).
Now this will still require the blessing of our regulators. The contention is that they control 50% + and can do what they want. And if the legalities are not in favour they continue the same until they get 66+% to force the remainder.
The Strategic Review has been deliberately stalled so that any real offers are discouraged simply by not having a resolution.
So we have the same characters with the same agenda. Many ways to skin a cat as they say.
Here our BOD pretends that none of this is in their purpose or control but we are not fools our BOD is giving us no view of what is happening but of course have their own good agenda.
Now the real question is this legal. We fill find out. Our regulators are no fools either. We won't let this happen. No doubt the duped real investors will make their offers public. A fine mess said Ollie.
WE HAVE A CUNNING PLAN they said..... we are now seeing it..