RE:RE:RE:RE:RE:So when does an outside investigation begin and who does it?Aallyy wrote: Thanks for the info and analysis. It would truly appear the only way forward is to make application to the court to force an AGM. This costs the shareholder applicant in legal fees and is onerous on the shareholder who comes forward.
There is the B.C. Registrar of companies which requires the company meet certain standards. ( Unfortunately though, one of the main reasons the proxy of 21 was lost by the green side was due to the prolongation of the AGM date due to the excuse of Covid 19, used more than once. Meanwhile other similar companies were able to complete theirs using internet technology!) They will still have to comply with the Registrar and if they delay the AGM again, will be closely watched.
Going back to the present robust audit process, how long would the auditors continue to stand and say nothing?
It is so sad....that this once great junior has deteriorated into this shambles.
I don't know anyone at that accounting firm but sooner rather than later they will resign as auditors as the piddly $75k in fees fnc pays doesn't cover any risk of destruction of reputation. That math should be glaringly obvious.