RE:News release June 23 2020I will vote no with my 5,300,000 shares. The real value of TEI share is over than 0.10$ per share if the TEI management are working for us the shareholders. At the next annual meetng, all share holders have to vote to FIRE all the board.
The new offer is ridiculus like the TEI board, who are working for I3e and not for TEI shareholders. The various factors is their own salary and a new working contract to recommand to shareholders to vote yes.
After considering various factors, the Toscana Board: (i) has unanimously determined that the Arrangement is in the best interests of Toscana and is fair to the holders of Toscana Shares; and (ii) recommends that the holders of Toscana Shares vote in favour of the Arrangement.