TransformationHi All,
Bit-ett is quoted as saying "the digital transformation is an effort best accomplished outside the glare of public markets." They have already been questioned about VertigoScope and Blue Ant. They can quietly sell these holdings for more than they paid to acquire Torstar without exposing the extent of their heist and without exposing the Voting Trust to further ridicule.
A couple of financial engineers are going to rescue Torstar? Who are they kidding? They will strip it to its core and walk away when they have doubled their money.
The Voting Trust is too incompetent to know when they have been had. They surrounded themselves with idiots and were guided by the biggest idiot of them all. I would like to say they got what they deserved, but they milked it for as long as they could and tossed the keys to the next generation of serial con artists.
MW