RE:Share giveawayThere might be more to this story than what was the case back in January when this was posted. That charity last Friday filed an early warning report to indicate it had sold the 27% control block in a private transaction.
Today, with another half hour to go, the stock has traded the highest volume it has in over a year.
Then, there is an AGM happening next week - one that the charity was agitating for during the summer, which the company blew them off over, until they finally had to conceed when the proper documentation was filed.
Something is afoot.
Not sure what, but if I was management I would be inclined to start putting out feelers for a new job.
If I was a speculating person, I would think the management and board of directors may be receiving their pink slips within the week.
CanThisBeTrue wrote:
hey pat, As suspected the sleeping giant is in tough shape with over six million deeprock shares being given to a charity for free. This gives the charity theoretical controlling interest in the company.
This is another feather in pat obriens cap as ceo. A long list of similar results over the years.
Can pages of bafflegab put a positive spin on this??