Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Sagres Energy Inc V.SGI



TSXV:SGI - Post by User

Comment by Goldcamelon Mar 10, 2023 7:28pm
133 Views
Post# 35332027

RE:RE:Several of Superior’s largest shareholders participated in t

RE:RE:Several of Superior’s largest shareholders participated in tNO, you are wrong again. I would still like to see a 'NO' vote win because I believe CYL are paying way too much for SGI especially when you see 'Several of Superior’s largest shareholders participated in the Placement' , This means that the majors are not only supporting the 'Yes' vote but are also helping CYL satisfy  a key condition of the T/O bid. But most importantly it is also an acknowledgement from your majors that working capital funds are required immediately for Plutonic to continue (So much for being cash flow positive.) Also, check your voting stats: it is not 66 2/3% of the total issued capital that is required but a % of the vote on the day. Your logic will only be valid if 100% of shareholders representing a 100% of the issued capital vote on that day.
“662⁄3% of shares voted are required to vote in favour of the Plan for it to succeed”. 
<< Previous
Bullboard Posts
Next >>