BE CAREFUL BEFORE PREDICTING CORUS BANKRUPTCY June 13, 2024
To Aime Look................aimee.look@queensu.ca
Aime,
In reference to your article "Corus shares may be worth 'zero' after Rogers-Warner deal, TD says"
Be cautious of TD analyst Vince Valentini. He is the type of fellow that runs with the hare and hunts with the hounds (siding left and right with issues at the same time).
I have e-mailed CORUS President/CEO yesterday, urging management to wake up.
Sent: Wednesday, June 12, 2024 at 2:00 PM
To: doug.murphy@corusent.com
Subject: CORUS outlook
June 12, 2024
Mr. Doug Murphy,
CORUS has to proceed to a MAJOR SALE OF ASSETS, along with a 1:10 CJR.B shares rollback in order to wipe out this current insane penny-stock value of roughly $0.25, failing which it will land into bankruptcy or be taken private, if not subject to a takeover, at a dirt cheap price. It is an awfully mismanaged public company that did not even bothered slashing its quarterly dividend when the stock traded in the $3-$4 range. It is a terrible tragedy from the "SHAW family" to have let the company be destroyed, leaving hundreds if not thousands of shareholders financially broked with their investments.
For heaven sake, please ensure this message gets through the mind of all executives, in order to take all required bold actions to restore the credibility and survival of CORUS.
Respectfully,
-shareholder-