RE: Greetings bridgejumperVenbuy you just got yourself alot of homework
Paul Merica is the founder & the president of Cybersurf . Mercury try to take over CY back in 2002 ...
From the CY 2004 annual report :
Litigation with Mercury Partners & Company
Inc.
As a dissident shareholder, Mercury unsuccessfully attempted to replace the current Board of Directors at the Corporation's annual general meeting of shareholders held in 2002 (the "2002 AGM"). After the 2002 AGM, Mercury sued the Corporation alleging misconduct by the
chairman of the 2002 AGM. The claim was dismissed and Cybersurf was awarded its legal costs. Mercury appealed this decision but the appeal was never prosecuted and was eventually struck. The Corporation has filed a statement of claim in Alberta against Mercury, its two principal shareholders, and others alleging misconduct and other improper actions in relation to the attempt by Mercury to replace the Cybersurf Board of Directors at the 2002 AGM. The claim seeks damages in excess of $6,000,000 and other relief. While the outcome of the lawsuit is indeterminable at this time, the Corporation could incur substantial costs and diversion of management resources in regards to these claims.
Now on april 22 , 2004 Mercury sells 3,901,000 shares to Northern Financial ... alot of posters on this board think NFC is teamed up with Mercury ? That why there is alot of hostility toward NFC . Personally I don't know what Vic is up too ...
Check out SEDAR & these links for more details :
https://www.albertacourts.ab.ca/go.aspx?tabid=13
https://www.crtc.gc.ca/eng/welcome.htm
Cheers
The Bridgejumper
