TSXV:BTI.H - Post by User
Comment by
prophetoffactzon Jan 25, 2023 9:46am
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Post# 35244857
RE:RE:RE:RE:Hey narmac
RE:RE:RE:RE:Hey narmacnarmac wrote: Stamp couldnt sell the arrangement to his shareholders!!!!!,,,,,seems both companies felt they were getting the shaft,,,and we are not in mining!,,if the deal was less a win lose for all participants then original shareholders might have swalled the bait,,but nope,,,greed fouled the financiers attempt to master mind full control of these companies.
Stamp was dealing with a shareholder base that doesn't even tune in. Only 35.6% of the shareholder base even voted. With ~62.5% of the vote for various resolutions he almost got it done despite the absent shareholder base It didn't take many worked up into a frenzy about the share count with no appreciation of the asset base to throw the vote. It reads more lke a market failure than a failure of vision. Democracies roo can fail when nn one cares to vote anymore.