OTCPK:MEDVF - Post by User
Post by
chris579457on Jun 21, 2023 2:57pm
233 Views
Post# 35507703
Special meeting
Special meeting I received voting instructions form, special meeting and financials. The management is asking us to approve their recommendations.
It is disturbing trend calling us disinterested shareholders! after they lost all of our investment, the company lost their respect and share price.
We had already 15:1 share consolidation then we lost 90% of that too and now they are asking for another approval 10:1 share consolidation.
This is a shady trend to bankrupt existing shareholders and look for new ones with new company name and new money to fulfill their compensation plans with new promises .
The Omnibus Plan is a plan to bypass our wishes and voting rights.
Unfortunately someone already has mentioned about the managements previous illegal activities from the past , 10 years ago or so.
I am very disappointed with this, any thoughts ?