RE:RE:Specifically for Lire02, Mr Wolff @ Paradigm Capital et al.Hello Lire02
You stated, "There is absolutely No Evidence that insiders ( or friends and family of insiders ) have profitted illegally or unethically, ( or shall profit through future actions) from actions taken or not taken by the Board in this specific case. To project some potential malfeasance to future actions is completely unwarranted and irresponsible.
RESPONSE: Some one could suggest that "it's only 'unethical' and/or 'illegal' when you get caught".
So, I am to understand that speaking to the very real potential of GRA 'minority share holders share positions being severely diluted going forward and the willingness of NanoXplore C-suite representatives to now go about raising capital by way of 'equities distributions', instead of doing so when GRA's share price was approaching the $9.00 mark, is somehow "completely unwarranted and irresponsible"?
As to your projecting malfeasance to future actions being "completely unwarranted and irresponsible" comment, allow me to once again direct your attention to what I wrote about NanoXplore's C-suite representatives, at that time, not bothering to let GRA 'minority share holders know precisely what would have quiickly been determined by GRA 'minority share holders as having been the driving force behind the 'short lived run" up to the $9.00 share price points.
Was that particular instance of NanoXplore's C-suite representatives 'giving the GRA 'minority share holders the gears considered 'unethical' and/or 'illegal'; certainly not.
Although, that is debatable; and yet the very optics which NanoXplore C-suite representatives had, at that time, been quite willing to actually support and let stand, in writting and by way of a specifically very short and dismissive response to a inquiry made with respect to such a issue, were clearly not beneficial to NanoXplore, to say the least.
You went on to state, ". . . Nor do I see any evidence that insiders profitted from knowledge withheld from shareholders : they apparently acted in what they saw as the best interests of the stakeholders ."
RESPONSE:
Thanks for actually acknowledging that "insiders" intentionally and with specific intent 'withheld' the broad public dissemination of such a 'pivotally important' and, at that time, clearly share price affecting development from GRA 'minority' share holders Lire02.
Clearly GRA 'minority' share holders are not considered "stakeholders' Lire02.
Alas, NanoXplore 'minority' share holders are simply considered, by NanoXplore C-suite representatives, to be inconsequential and the type of share holders the company's C-suite representatives simply prefer to intentionally deny pivotally important information from; whilst clearly sharing and emphasizing that very same information with "family and friends" or certain selected editors/ journalists (see ceo.ca), perhaps amongst other well positioned and 'preferred 'investors'.
You went on to state, "In any case, there does not appear to be any further fallout . . ."
RESPONSE: Perhaps you've been hiding under a rock some place Lire02? LOL!
Perhaps that is a plausible explination as to why you haven't seen where exactly the GRA share price has tumbled to since the fiasco in questions and why you haven't noticed the market's 'company specific resistance' to allowing GRA shares a genuine resumtion of any marked upward retracement of previous share price highs.
Finally, you stated, ". . . If there are lessons to be learned, I hope the principals have learned them. . . "
RESPONSE: Hope is better reserved for nuns and priests.
There are actions and the lack thereof; and then there are the resulting required consequences Lire02.
Without specific consequences being experienced by those who acted in a clearly self-interested and self-serving and irresponsible and intentionally unethical manner; there can be no necessary resulting equal and opposite corresponding reaction.
I simply aim to to restore the ballance required by all laws of physics, as would extend to and be applied to the intentionally 'questionable practices of NanoXplore's C-suite representatives.
Again, "there are actions and the lack thereof; and then there are the resulting required consequences" Lire02.