RE:RE:RE:RE:RE:RE:RE:RE:RE:questionsYes I am unhappy with the result, because shareholders are receiving less than a fair value for their shares.
I think Mr. Arthur R. Rule IV was a dissident holding 26,904,459 Common Shares. If Mr Rule is a dissident, he will received in cash 269 044.59$ for his shares, almost the same amount for all the residual shares paid in I3e shares.
I have prefer a simple take over offer, you accept it you give your shares, you refuse it you keep your shares up to a Court oder to tender your shares at a fair price when the acqueror get 90% of all the shareholding.
Less than 1/3 of the shareholders, including TEI and I3e managers, directors, officers and related parties vote.
As of September 15, 2020, the directors and executive officers of Toscana and their associates, as a group, beneficially owned, directly or indirectly, or controlled or directed an aggregate of 2,700,356 Common Shares, representing approximately 1.8% of the outstanding Common Shares.