GREY:ZMSPF - Post by User
Comment by
savyrolleron Mar 19, 2020 4:01pm
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Post# 30827910
RE:RE:RE:RE:Annual Meeting Materials
RE:RE:RE:RE:Annual Meeting MaterialsTeclis wrote: Tim answered me yesterday... In a other Email he said that it might take about half a year till trading resume... Here the email:
, the AGM was held today and I did attend.
The motions were passed and so the restructuring begins. The reverse take over of the new company is the next step.
After the meeting the focus of the discussion with Dr. Zerrouk was on the contingent value rights. The 40 to 1 consolidation doesn't do much for current shareholders but the Dr. Zerrouk feels there is value in the CVRs.
Companies go bankrupt everyday. Zecotek has not gone bankrupt and there is some hope for some value being returned to the existing shareholders of the company.
The motions were passed and so the restructuring begins. The reverse take over of the new company is the next step. ??? They told us for over a year that they were restructuring and now they tell us it is just beginning. They let the share price tank, while they did nothing. Just a bunch of lies, while Zarouk transfers all the wealth to other companies in his name. How crooked can this story get ??