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Atlas Financial Holdings, Inc V.AFH



TSXV:AFH - Post by User

Comment by SELLAFHNOWon Jul 16, 2002 10:36pm
248 Views
Post# 5290349

RE: More crazies ... lol ...

RE: More crazies ... lol ...I agree with Johncanuk - something stinks here ... With the collapse of Unitec's sales deal to South America there stock price spiraled downwards. Ashlars directors recklessly disregarded this fact and accepted equity from an ultimatly "doomed" company. On top of this they also released the directors of Unitec from any personal liability. Now there's "talk" that Unitec wants to merge with another company and are also "talking" with Ashlar over "repurchasing" 67 % of the equity Ashlar has in Unitec - for 5 times what the current share value is ??? How nice of them you might say, I say it looks awfully suspicious (crooked allmost) !!! SELLAFH (and Unitec) if trading ever resumes in either "company".
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