Stage Holdco Shenanigans In case anyone gave a turd, Stage Holdco, has recently filed new financials, MD&A and announced a notice an annual and special meeting to shareholders.
Highlights, we are still paying the CEO and his auxiliary firms to work on unspecified tasks, apparently the non existent company "incurred a loss and comprehensive loss of $5,106,133" of the theoretical 10% holdings in Stage Completions. Now I don't know if this is a result in Stage Completions losing 90% of it's value or some other corporate magic trick undertaken by "management" of the Holdco. Either way the worthless shares we hold in Holdco are somehow improbably worthless.
The meeting is to be held in Vancouver June 17 2pm. No conference call in numbers as of yet and because of Covid there will be restrictions on attending the meeting. So good luck getting any real info, ask any questions, or have insight into what the Director and his minions are doing(unbidden) on our behalf.
Stay safe everyone.