RE:RE:How many Shares will be unloaded right after the Conversion? First and foremost theDog is not Pat O'Brien ... I am .... my previous handle was Karma7 but I can no longer use it because of my 2 pending lawsuits against the VRB directors and VRB.
The reason you see so many trades originating from TD house 9 is because TD green line is the main provider of "back room services" for many of the dozens of smaller brokerage firms that do not have their own back room. The back room combines the trading desk and the clerical services to record each transaction and is very labour intensive. So obviously what appears to you as a huge volume traded by TD it is actually a multitude of trades originating from a vast number of smaller brokerage houses and US brokerages.
As for the investment in the Lac Dore, the value is in the eye of the beholder .. kind of like a used car! But since none of you are putting up the $2 million you won't have to worry about that.
FYI I suspect that this group of bandits applied for BCSC approval on 2 things recently. 1) rollback approval 2) approval for their $2 million debt scheme to pay themselves their $1.2 million they have created on their financial statements. I suspect that the BCSC was aware of the same argument as I gave all of you a week or 2 ago as to why the debt could not, and should not, be approved. Therefore I am guessing that the BCSC approved the rollback and rejected the debt scheme.
On Monday your not so wise management is going to be opening up to a rolled back company that has $1.2 million or more in debt plus a $3000 cash deficit, no financing arranged, no exploration financing, and close to half a million dollars in Iron T renewal fees coming due very soon.
Speaking of the Iron T if you haven't noticed in your recent financials and MD&A docs your geologist/CEO certifies that the number of IronT claims has drastically dropped from 150 to approximately 75-80. This would mean they foolishly lost half your property.
On the VEPT note - in the Vanadium world there is no interest in VEPT. That fantasy began in the 2013 -2014 era when Bakker et al needed some sort of carrot on a stick to keep shareholders following them for an extended period.... in comes a lab rat from Montreal , then along comes the federal government with a science grant, the 2 were coupled with a gullible board of directors, and presto you have VEPT. The industry neither wants nor is going to use that technology. They are quite happy and successful at separating the ore as they do. You are not going to be in the science industry, battery industry, or the energy storage business any time soon.
I know exactly how to resolve the woes of VRB, in fact I have suggested doing so to the largest of your shareholders, but without a reply. So with that, we will all get up on the morning of Easter Monday and witness together the future of this stock.
Best Regards,
PDO