RE:97.25% of the company This is the post that matters. Get the word out about the huge con job. Get shareholders to vote no to this garbage plan. Get some court oversight in place.
GhostmyDck wrote: Given away for only 60 million in debt relief. That's like a bank taking your 250,000 house, when you only owe 50k left on it, they take the whole thing anyways and pay you out 5,000. That's not how the world works but that's how this situation is playing out. This is insanely criminal. Is there going to be any third party oversight addressing this hugely inappropriate transfer of value. This is why shareholders need to vote no to this garbage plan and go CCAA. We need court oversight on this. The company says we will get 0 if we go CCAA but the company has only ever looked out for their own interests, not shareholders. So do you believe them when they tell you this or are they trying to drive fear into shareholders for them to vote yes so the company can move on. Which seems more likely? The company being honest or trying to scam investors one more time?