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Lanesborough Real Estate Investment Trust V.LRT.UN

Lanesborough Real Estate Investment Trust is a Canada-based real estate investment trust. The investment properties of the Company are separated into three operating segments: Fort McMurray Properties, Other Investment Properties, and Held for Sale and/or Sold Properties. Fort McMurray Properties includes eight properties. Other Investment Properties include two properties. Held for Sale and/or Sold Properties includes sold properties: five properties. The property portfolio of the Company consists of approximately 11 rental properties, encompassing 10 multi-unit residential properties, including the unsold condominium units at Lakewood Townhome.


TSXV:LRT.UN - Post by User

Comment by BobTheKnob2on Jul 08, 2022 2:21am
72 Views
Post# 34810339

RE:What about the other items voted on?

RE:What about the other items voted on?

alkhor wrote: Not concerned about the Auditors but would like to know about the executives. I can see some unitholders would vote for the consolidation and against the BoD, just to get the units trading again, but I'm pretty sure those that voted against the consolidation also voted against the BoD. Still working on their spin I guess.

Had thewy proposed a 10:1 consolidation, it probably would have passed, but then the current management is not noted for doing things properly.


Yet another thing that management could have done properly - but did not.

This time, they didn't file this press release to SEDAR nor did they post the voting results.

Seeing this makes me happy that the units I was able to vote because of my brokerage giving me the voting control number - even though I still have yet to receive my voting package.

I can assure management that the quantity of units I voted was a deciding factor in the vote going the way it did. Thanks you all others that helped in this regard.
 

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