OTCPK:NOSOF - Post by User
Post by
wheelsonthebusson Sep 23, 2021 9:41am
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Post# 33904266
One has to wonder why - from TM
One has to wonder why - from TM If Noront must be honest with Wyloo, and BHP, then so too must they be with their shareholders. Not knowing exactly what our company's claims are worth, and then selling them for an arbitrary amount is trusting a BOD that is already under suspicion in the eyes of its own shareholders. This knowledge is pertinent to the deal if any amount of money is offered and accepted, so that a buyout can take place properly and fairly; IMO. For our BOD to not disclose this information to its shareholders is a clear conflict of interest, because it is not in the best interests of shareholders. Our BOD should be acting to get its shareholders the most for their money. Not swindle them unknowingly by making backroom agreements and secretly holding back the very thing that could secure maximizing their ROI.
That to many would seem underhanded and dishonest. Shareholders should force this disclosure before any offer with a monetary amount attached to it is allowed. The BOD should be held accountable to what they originally said they were going to do anyway, which was present a revised FS. Regardless of our current situation. For doing so does not adversely affect our valuation. It only improves it, which IS IN THE BEST INTERESTS OF SHAREHOLDERS!...But maybe our BOD has been asked not to do this...One has to wonder why...?!?!