Comments on ERGO bondOn Ceo.ca there is talk of a ERGO bond document, which some posters allege is a fake. They point out to various irregularities on the document itself. I looked at the document myself.
The ERGO bond document numerous errors on it, which leads me to believe that the document itself was either a fast quote or rough draft for discussion purposes only. Ergo could have used one of its older documents to draft possible terms on it. ERGO document was attached to loan agreement. There were no signatures on the ERGO bonds which leads me to believe that it was only a draft.
Some posters allege that this buyout is a charade for the sole purpose of having convertible debt holders, warrant holders and, option holders sell their shares onto the market. It is true that these holders are selling their shares however to conclude that it is a setup is not warranted per evidence to date.
PQE is under TSX and SEC watch, they have regulators watching their every move. Cantone whom is an outsider is loading up on the stock, he holds 16% of the company. Cantone would be the first one to know if PQE was a scam and he would be selling and not buying. There is no way for him to gain by throwing money away at what others call a scam.
If it was a scam then you would want Viston to keep things HUSH, you would not expect them to issue press releases upon press releases telling the world, TSX and SEC, about how they are not cooperating with Viston (ie: not saying of SEC investigation, not advising of raisiing of funds, planning AGM and votes without consulting Viston).
It was obvious that Viston was upset and varied these conditions. All of these actions are in front of the eyes of TSX and SEC. Wouldn't scammers want to keep it quiet?
Then there is the whole issue of CFIUS, its costs $ 300,000 filing fee, lots of work in the process, lots of documents, lots of government exposure to your business. Scammers would not be working with the authorities checking everything they are doing unless if they want to go to jail. To scam at the highest levels of government in their presence in front of their faces would take someone who is insane. Wouldn't you want to keep it quiet?
And how about the regulators that are inside of PQE watching everything for the exchange, don't you think that they would be aware of a scam from in front of their eyes?
I know that this deal remains mysterious but if it is a scam, then it is made for a BLOCKBUSTER MOVIE as you really have to have guts to do in front of the Policemans face.
I have met many criminals in my life and one thing I can tell you, they want NO AUTHORITES around them, contrary to what PQE VISTION have, a life filled with authorities.
My personal opinion,