Westaim Corp V.WED

Alternate Symbol(s): WEDXF

Financial Services Asset Management

The Westaim Corporation is a Canadian investment company specializing in providing long-term capital to businesses operating primarily within the global financial services industry. The Company invests, directly and indirectly, through acquisitions, joint ventures and other arrangements, with the objective of providing its shareholders with capital appreciation and real wealth preservation. Its strategy is to pursue investment opportunities with a focus towards the financial services industry and grow shareholder value over the long term. Its investments include significant interests in Arena and the Arena FINCOs. The Arena FINCOs are private companies which include specialty finance companies that primarily purchase fundamental-based, asset-oriented credit and other investments for their own account. Arena consists of two main business lines: Arena Investors and Arena Institutional Services (AIS). Arena Investors operates as an investment manager.

TSXV:WED - Post by User

Westaim Corp

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Post by rusted1on Oct 13, 2005 10:32am

327 Views

Post# 9695569

Shareholder impatience

is understandable, but our interests ARE aligned with mngmt due to their sizable holdings, and it would be foolhardy to jeopardize any agreemant(s) at this juncture. We don't know who they are playing, and the players themselves are best kept on edge in order to maximize our interests. Billions have been spent on LCD and Plasma by key players that we may need as end buyers of the iFire products. Best to say as little as possible at this time. JMO.

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