CVR Medical Corp V.CVM.H

RE:RE:RE:RE:RE:RE:Re: XTR

[ICT1111]

Might the negativity stem from the fact that there has been a change in power within the company and the new directors have just voted to do the opposite to what 55million shares told them to do 48 hours earlier?
This company is owned by the shareholders. We appoint the directors to run the company as we want it to be run. We vote on issues at AGM's and EM's ....... to have voted for one thing and have the officers do the opposite is a disgrace, if you are prepared to lie back and say 'ah well' fair enough, kiss good bye to your hard earned, I, however, am not.
The restructuring group had a signed term sheet, they had the agreement in principal from the TSX to rsume trading, they had the support of a large group of shareholders, they had the commitment of funds, they had a strong capable board of directors lined up, they had critical suppliers on side ........ then came the demand from Bakema for an additional $2million, and the demand that Medical pay all of Globals outsanding debts, most of which are to family members and associated hangers on (on the 17th of Jan Phil Bendick popped in an invoice to Global for $200,000) ......... the restructuring group are, by and large, prepared to work for nothing until this device is through FDA and in revenue ....... Global has rewarded failure and continues to want to be paid as a higher priority than getting the device commercialised. This breaks the first rule of business, make the money first then you can divide it up .......