Western Magnesium Corp V.WMG.H

RE:RE:Not an excuse for cancelling AGM.

[Sherry35]

All Venture companies use that "excuse of secrecy". Overall, they get away with everything becuase lawyers advise the company "until a share holder(s) takes you to court, dislose what ever you want even though its share holders property - while still maintaining CRA, TSX, BCSC and IROC compliancy". The Fed and Prov Corporation Acts are no enforced by the Fed and Provincial governments. The Acts are created and modified based on request from the lobbyists like the Bay Street insolvency slim cartel Koskey and Minsky.

Basically, all assets in a publical company are the property of the shreholders right through to bankruptcy. Again, the Gov dosen't police compliancy to these business Acts. However, the Gov does enforce the Tax Act with internal group of lawyers called the Directorettee. So, welcome to number one country in the world for white collar crime.

It takes 2 weeks for a Venture company to issue press release because one week of duration (not effort) involves lawyers. Venture companies don't make a move unless they get guidenance and risk assessment (sured) by their lawyer - kaching kaching kaching. In other words, the company executives want to know how far they can stretch the boundaries without getting caught.  In fact, there was one company in Vancouver would use a different law and accounting firm every year just in case a ethical lawyer reported said company to the authorities.

I'm sure our resident promoter can attest to the thriving business of lawyers and tax accounants in Vancouver.

So, goodluck getting anything out the WMG executive team until they need money or they actually deliver something tangible.