OTCPK:CUUHF - Post by User
Comment by
Charlie101on Jul 30, 2020 8:26am
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Post# 31342157
RE:RE:RE:RE:David LeMay
RE:RE:RE:RE:David LeMayThere were many bad CEOs, so not sure he's the worst. He is either crooket or spineless and doesn't under his accountabilities. It looks like it's a deal contrived by Bird and Canso (the debenture holders) at the expense of those that own the company. Questions that need to be answered include did the SOX Board and management solicit offers from others, did they ask for some COVID relieve funding, what cost reductions have they implemented that support shareholder value. Also it's doubtful Bird will get most of the backlog should SOX go into receivership (other companies will come forward and there will be retendering), so if they want all of the bcklog as this is where the value resides, the offer has to increase substantially for my vote. I plan to contact the securities commission on this and suggest others do the same. Not sure how one can start a class action suit, but I'll investigate this as well. There are probably a number of lawyers that would take this on for part of the award. So those are my thoughts.