RE: Moneybunny your ignorance isMB wrote:
goes to the market for cash
Partially true. If you read Dr. Nicholl's recent messages, you'd know that they haven't gone to the market for financing recently. They were offered financing by a current investor and decided to accept the offer. A couple of other points:
- FAS has an investor who has promised to keep them afloat 'til they're a viable business. I learned this during my visit to their office last year. The equities market is a source of cash for them, but not the sole source.
- In the grand scheme of things, the management of FAS has a much larger interest in seeing the company succeed that we retail investors; they've staked a lot of time and money in the company.
There will always be shareholders that cannot attend an AGM. IF they held it in Calgary or Vancouver would you have been able to attend? You're ignoring the fact that by holding the AGM in England, they saved the company money.
Stop your bleating on this board. If you have issues with how they're managing the company, bring them up with management; we've heard you're complaints too many times here. And if you're so dissatisfied, why are you still here? If you have good information or reasonable questions, then please feel free to air them. But for cripes sake please stop repeating your drivel.