GREY:MGXMF - Post by User
Post by
allenjameson Nov 21, 2020 8:38am
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Post# 31946570
How Geomean lost the case against MGX M !!!
How Geomean lost the case against MGX M !!!Geomean in his first appearance before the Justice in BC, as for the judge to rule on a cut off date for voting at the AGM. The cut off date should be about 30 day's before the AGM. This gives new buyers and present holders of the stock voting rights.
A cut off date with no AGM date is against the rules for publicly traded company's. The judge made a in correct ruling and thus the case automatically can be taken to the Supreme court of Canada. To win this cae now all MGX M has to do is drag their feet and not do a AGM. They now have covid19 as a reason to hold back a AGM. When covid19 is over they then can start a appeal process and this will put a hold on the AGM being held.
In a word as soon as the judge made a incorrect ruling the lawyers for MGX M have won. It is all over. They in actually have won buy not doing any thing. This is like winning a game of Boston and not sinking one ball. Which by the way can be done.
There is a old saying. Be careful what you ask for, you just might get it !!!!!!!!!!
GOOD LUCK TO ALL INVESTORS