GREY:MYMMF - Post by User
Comment by
RockMaschineon Apr 13, 2021 11:48am
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Post# 32985222
RE:RE:The Distruction of MYM
RE:RE:The Distruction of MYM
And by the way, good luck with your shareholder action plan. It claims you have 22 million votes... Sadly not near enough. Heres the math for those too dumb to run numbers. A total of 359 million fully diluted including exchangeable shares. Per the news release insider ownership is at 41% so roughly 157 million yes votes right there. 60 odd percent for a vote to go through is 215 million yes votes needed. That means about 144 million NO and you guys scrapped together 22 million, ha. Use ceo.ca to get an understanding of house positions. YES is going to walk all over you sore losers. The landscape has changed. FIRE bought for fraction of its 2018 valuation, same with ZENA. Big guys want deals and little fish are barely hanging on. Funny how my enthusiasm was shunned back when I tried to explain how MYM was getting off the ground in November after Highland was finalized. And now I call out the low cash position and inability to expand without help. I dont believe any of you here had anything more than a dream to try and recover your substantial losses. The lifeboat has been sent out and management took it, plain and simple. They marooned a lot of you and you all need to learn to deal with it and find a new way to make money.