27 Day AGM Campaign to Vote NO and Withheld Dear Friends
It has become apparent that the present Board has not conformed to the CBCA regulations and this has allowed this grouping to highjack our corporation.
Under the CBCA the voting is For or Against and the Against vote matters.
It's also clear that the present grouping has transactions, wages and fees that are above 90 million dollars.
Our 120 million write down was partly payments and fees to our present BOD.
We know the BOD have no interest in providing disclosures to the shareholders.
Last year, they did not publish the vote count of the AGM.
We need all parties to becaome familiar with the information is the AGM circular.
Not only are they taking the Corporation out of the CBCA , they are implementing new Corporate Resolutions that allow them to do as they please.
What has occured in the past at the AGM appears to be illegal for the benefit of the BOD.
This proposed change allows them to operate like they a private corporation and us shareholders will have no rights.
This Public Corporation appears to be a defacto scheme to milk away shareholder wealth.
Please calculate you losses as this information will help all of us understand the true nature of what has occured here, it's well over 100 million.
The more information on the scope of the lossee, the better we will be able to deal with the situation.