RE:RE:RE:MESSAGE FOR VALEURA'S BOARD OF DIRECTORSgoldwatch69 wrote: Did you bother to check all options plus the rest of the handouts? There remains approximately 2 million options under 2.50, ranging fro .25 to .75, some at 1.58 and some 2.10 to 2.58.
At end of Q1 Mar 21 the tally was approximately 110 million shares fully diluted. Current shares listed is approximately 107 million on TMX. About another 2 million restricted and registered shares where handed out after Q1.
So yeah, this is a big problem as we investors in it for the long run are faced with 10%+ dilution with all these handouts to insiders and the CEO. How much more dilution is coming? How much more dumping by insiders is coming? Enough damage has been done to the stock already. This needs to stop now!
Haha they all moved to Singapore on SH backs to get the ultra low tax, and free living with perks expat packages. This move alone cost SH $10M+ in addition to expat packages $4-10M yr
All the while using proxy resident Canadian directors to maintain Canadian listing while avoiding law enforcement probing since Singapore rejects most.
A nice move for pump and dumpers who can't get 22K bbl day after spending $500M.
Remember they report in USD while SP is CAD.
Glad I made a tone on recent swing trade.