TSXV:CVM.H - Post by User
Comment by
OleMuleon Feb 28, 2020 12:21pm
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Post# 30747560
RE:RE:RE:RE:RE:RE:DA
RE:RE:RE:RE:RE:RE:DA XTRM - You really think Bakema is not involved or in control? If you dont you should really look a little deeper.
Some factoids for you. PPMJ do you know what that is? It is an LLC entity which controls the vast majority of CVR Medicals stock issued to Global. Do you know who the control persons are? Peter Bakema, Paul Blunden, Mark V & Joe Lynch. Guess where the corp office is? Joe Lynch's residence in NC, guess who now lives with him, Peter. Guess who Joe Lynch's wife is (Mark V's daughter). And you dont think any of this poses conflicts of interest? Whose interest are they looking out for Global or Medical's? Why was it so important to make Blunden President (it did not have to happen) why was it so important to nominate Lynch to the Board as a fourth director when 57.4% voted to keep it at three? Why dont you ask Hack if he supported these measures. Why dont you also ask Hack if he is planning on funding any more of Medicals expenses while this mess sorts it self out. Based on what Lubow sent out, he was quoted as deeply dissappointed. Do you think Blunden, Bendick and Lynch under the rules of the Exchange would qualify to serve on the VERY important Audit Committee? I know becuase you think they just wanted to have a voice for their large position of Meidcal stock is the reason they are on the Board. Without seeing the terms and conditions of the non binding term sheet executed by all parties, wouldnt you think that would be a consideration that the investor group who is backing the former officers and directors who executed the Non Binding Terms sheet would have dictated?
So you go on thinking that they are just looking our for their large position of CVR Medical Stock? yet you say you are moving on and EVERYONE needs to stop bashing BAKEMA, he is no longer at Medical. You are naive to think that Mate. Why did Blunden's wife vote against keeping the number of Directors at 3 and ratifying the auditors? Why did Global Vote against those as well? Have you seen the Global Website lately? You should, we have prior to it being changed, it you still think that they are just protecting their positiion you need to get a much better understanding.
An earlier post came pretty damn close to what the reality is. If Medical Fails and it is insolvement now, what makes you think we are any closer to fixing this situation. The Term sheet was signed when? Who keeps moving the Goal Posts after it was signed (Global - Who controls Global - Peter). Yet he is not calling the shots anymore. My Man EXTR, OPEN YOUR EYEs MATE!!
Cheers,