RE:RE:RE:RE:RE:RE:RE:RE:RE:Magic MushroomsIf true that a US deal fell thru due a technicality then its even worst,,,,,,His job was to make it work,,,,The Board approved a deal that it was presented but the head negotiator had to be the CFO,,,
SPCEO1 wrote: I would live to know the backstory on the offering. I can't imagine Dubuc thought this was a sensible deal so I wonder if it was more a panicking board that led to the decision to move forward with the OO. I have heard twice now that there was some other offer on the table at some point, likely with a US based broker, but it fell through on some technicality. For all we know, Dubuc may have advised against doing the OO and was overridden by the board.
palinc2000 wrote: I am reposting this because I feel that this weak link in managemenent needs be to fixed ASAP
palinc2000 wrote: What makes you think Dubuc is good with numbers?The Offering was under his responsibility and every aspect was a failure.
1- Pricing of the Units
2- Issuance of Warrants
3- Exercise Price of Warrants
4-Expiry date of Warrants
5-Share Placement in wrong Hands
6-Lack of preparedness
etcccc
I
Bucknelly21 wrote: On st we have about 13 new followers in the last 45 day bringing our grand total to 909. Which is unbelievably low despite all the good news we have had. While companies with nothing trading at .00004 cents a share have 80k. This just confirms what we all have been saying. They are either stupid (which I don't believe) or stubborn and don't want to admit that they are wrong in their approach to just about everything on the topic of investors. I remember years ago Phillipe had so many meetings after meeting with tutes, absolutely nothing but a pos offering came of it years later. He may be good with numbers and I pleasant man but he's not a salesman