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Otso Gold Corp. V.OTSO

Otso Gold Corp is a gold mining company. The company's only segment being acquisition and exploration of gold resource properties. Geographically, it has a presence in the Americas and Europe.


TSXV:OTSO - Post by User

Bullboard Posts
Post by basboton Aug 05, 2020 2:46pm
275 Views
Post# 31368386

Have Brian and Clyde Wesson added shareholder value?

Have Brian and Clyde Wesson added shareholder value?See Brian Wesson's comment below.

As a shareholder of Otso, the only thing the Wesson's have done is destroy the share price in a gold market that is on fire, enriched themselves by taking $97,000/month between father and son, papered themselves with 26,000,000 shares and over 6,000,000 warrants and delayed filing their financial statements (April 30,2020), so they can keep kicking the can down the road.

The Wesson's are now disputing a Services Agreement for the previous management which was approved and tabled at their shareholders meeting.

Furthermore, the Wesson's have continually slagged previous management in all their press lreleases and what have they acheived, other than to enrich themselves at shareholders expense.


Brian Wesson, who founded the Wesson group of companies that includes Lionsbridge and Westech, said: "We look forward to working with the company to unlock shareholder value by returning the company to sustainable production. [The] new directors will update shareholders on the path forward immediately after the completion of the transition period."
Bullboard Posts