OTCPK:CRZNF - Post by User
Comment by
JohnnyBurnetteon Oct 04, 2022 8:43am
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Post# 35003518
RE:VOTE NO
RE:VOTE NO My shares (~800000) will vote no at the current offer. I would vote yes at $0.07 per share.
Understand that taking over everything via a default on current loans is likely the result there. There is a strong argument that such a loan from the controlling investment group should have been subject to approval by the minority investors, but I'd rather get of this investment as cleanly as possible. I just don't see a positive result here.
I think we're currently negotiating, their own bankers stated the fair market value - their first offer is at the rock bottom of that range. That's a strange position given two days prior the final approvals and permits were granted. I want to doubt that's the last offer and I'm wiling to risk losing it all if I have to.