mail to James MackieWho knows if this makes sens or not, but its at least its a try. We shareholders should mirror the management our opinions about their actions and also seek for answers. It would also be good imo. to reach out to the board of directors and management via "linkedIn" and com
James Mackie, CPA, CGA Chief Financial Officer
james@majesticgold.com
info@majesticgold.com
Suite 306 – 1688 152nd Street, Surrey, BC, V4A 4N2
T: 604-.560.9060 / F:604-560-9062. C:778-875-2638
Good day Mr. Mackie,
We, the shareholders of MJS, learned yesterday that Persistence Resources Group Ltd failed the HKEX listing process again.
This is just one in a series of disappointments and breaches of trust by management towards the shareholders in the last 3 years.
- share buy back 1 - no shares bought back - no communication
- share buy back 2 - only 10% of the possible volume was bought back - no communication
- IPO failure no 1 - no communication
- IPO failure no 2 - communication?
(1) I explained these points before and I want to ask you for a detailed comment on each of these points on what were the reasons.
(2) Another big question is how the MJS will try to obtain the "Majority Shareholder Approval" when necessary, for example the listing process for Persistence Resources Group Ltd. Is MJS planning to ask all shareholders for their approval or just a selective group? In the past, Majestic announced the "Cancellation of Intercompany Debt" with shareholder approval of more than 50% without asking all shareholders (www.accesswire.com/593980/...cellation-of-Intercompany-Debt). How was this "Majority Shareholder Approval" obtained back then and which group of shareholders was asked for their approval?
(3) What is the plan for the future of MJS and how is MJS planning to benefit the shareholders in the future and what is the specific timeframe?
I and a lot of shareholders are beyond disappointed with the actions of this management. Personally, it has reached a point where I can only describe the actions of the management as a disgrace.
I hope you will take the time to answer this questions in an adequate manner