RE:RE:RE:wow looks like Armoyan told globe mail what I have been postOn the contrary, since he's been on the board the stock has plummeted to penny stock status. Meanwhile, he is trying to extort concessions from the board and threatening to bankrupt the company. I don't see how this aligns with the interests of unit holders, do you?
Mr. Armoyan’s G2S2 has not yet provided a letter of credit to backstop the tenant obligations. They say he has “repeatedly insisted on new terms or concessions not bargained for.”
Slate Office REIT “now finds itself in default of its obligations to a major new tenant, at risk of losing that new tenant and facing consequential defaults to its lenders.”