That kind of says a lot in the title by itself. But
Nebill has a very valid request. Since I am only writing on a Bulletin Board and the reader should always take things with a grain of salt. Let me make this clear, this is all about Harder and the CEO. The rest of the Board are being pressed because of
Harders influence. There is actually a mining guy on Board,
Ecclestone. Let him do his job. He has alternative deals on the table much more in line with shareholders expectations and proper business practice. But Harder is in full force
InCor press. Why? The new CEO backed by Harder is trying to hide the other offers. Why? Ask them. They know about the conflict of interest. They will have to resign if things continue on the path they are being pressured by Harder.
Do yourself a favour and contact them yourself. Also, write Harder himself and ask the questions:
Lorne@harder.net,
lorne#
cascadero.com but probably better to contact the others to get a more objective opinion,
Ecclestone especially and even our 30% partner. See what they have to say.
Ask about double and triple dipping to gain absolute control. For instance, Harder puts up $200,000 loan to the company at no interest, gosh that was so good of him it makes unknown players like you and me feel good. Until you look at this laundromat closer. $200,000 quickly turns into 8 million warrants at 2.5 cents. $200,000 gets paid back up front from InCor which Harder is a shareholder. He knows this in advance so no risk of his capital here and he steals 8 million warrants. InCor then puts money into the company and now the $200,000 goes from wash to rinse. Then InCor gets a huge pile of shares for their gracious contribution towards absolute control of CCD because that $200,000 has just produced twice amount of shares for their contribution. Same amount of money being washed around for twice the amount of shares and warrants. InCor and Harder are joined at the hip. The CCD CEO is probably just a front man for them. How do I know? No reasonable business person would not put their reputation on the line for this type of scam. Further, InCor puts up enough money to pay out Judith Harder estate which L Harder controls so he gets all her shares and very questionable amounts of funds that were due to Judith. Yup, BB all over again. For all the terrible things BB has done even he said 'don't trust L Harder. Obviously he is not around to support that statement but you will just have to accept my one time blind word on this quote.
See, all the money put up goes directly into Harders pocket on a financing someone should be bring to the BC Securities Commission attention. ( FILE A COMPLAINT BCSC 1-800-373-6393 inquiries@bcsc.bc.ca). Maybe a small amount goes into the ground but not much. The other deals on the table right now put money into exploration, NOT HARDERS POCKET. That is why Harder/InCor are pushing their special interest deal so hard. It smells so badly of self interest and conflict, especially for someone that is the CFO and carries an insurance licence with BCFSA 604-899-6500 complaint line 1-800-373-6393. These regulatory bodies do not like complaints like this sort of bad behaviour. Yes, it is bad behaviour and that goes a long ways on explaining in this insane bull resource market why our stock price is stuck where it is. Moose pasture deals are trading at ten and twenty times higher, yet we have actual wanted assets by mining companies.
If the management and Board let this InCor unfold they will have to resign. You and me as shareholders are back to the days when BB ran things into the ground for the sake of having his own personal piggy bank supported by shareholders, then we are better off just moving on.
PS this weekend look into
InCor and their track record. Speaks for itself. Call Board members and management of
CCD and especially
Ecclestone. Email Harder and ask some questions. Get your own facts. My details might be not perfect but mostly right, find out for yourself and then decide.