GREY:BHNGF - Post by User
Post by
geodcanon May 18, 2023 3:35pm
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Post# 35455162
Major dissapointment
Major dissapointmentthat BHANG, a namebrand, award-winning sku line is halted for lack of management ability to produce the necessary paperwork to maintain listed status on the CSE and yet is still trading on the otc US exchange moving closer to zero value.
A lot of this securities anomalies need to be fixed, legally by SEC or other financial watchdogs.
Shareholders of these junior pot hopefuls should have an option of voting in somebody that is professional management capable that can deal with the basics like filing reports on time when management doesn't take care of business like it should be handled.
I've entertained the theory that this type of behavior of stagnating a company is their plan to convert shareholder's invesments into spoils to be swooped up when shareholders think it is a lost cause.
Management principals usually quietly take control by taking shares and options in lieu of cash renumeration that are generous enough that they have the controlling vote and only they know what the residual value really is when they pick up the pieces that are left over.
Our securities watchdog needs a new set of teeth to sink in to this kind of management abondonment.
glta and dyodd