Alexandria Minerals Corp ALXDF

Question

[cruisemissle2012]

If Owens is out this mnth and AZX and co decide to sell/merge, how would an active law suite affect this process? Has anyone seen a situation like this before?

[easycoder]

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[TheCardinal]

You don't understand how persons with a "Quixote Complex" think; their minds are totally disconnected from reality. 

[easycoder]

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[Shylock]

TheCardinal - You, Sir, are quite correct. The "digressed from reality" Mr. Owens is as mad as a March hare and the comparison to Quixote is quite appropriate. I personally do not feel "Crazy Eric" will go down without doing all the damage he can in his vindictive little mind. Fortunately, that is limited by his lack of followers and lack of funds and lack of facts on his side.

[goldhunter11]

Hello cruise, I would not worry much about a lawsuit yet, at least not yet, for now. The immediate task is to get through the Special Meeting with a new slate of directors (without EO), since as of now he still is a duly-elected member (by shareholders) of the BoD, and the BoD cannot fire him. We must get that  Job 1 done first, then we can consider a lawsuit later. So, everyone should get

[cruisemissle2012]

Thanks GH 

[Shylock]

GH - EO is already doing all the damage he can through his many layers of lawyers. What he apparently does not see coming is collective and individual law suits brought against himself for damage to the company and to the share price, both of which are damages to the shareholders of the company. It is a good thing EO appreciates attorneys as he could well be spending a good portion of the

[goldhunter11]

Shylock, Yup, a collection lawsuits is a real possibility that could be coming to EO's way, following the results of the Special Meeting (only 2 weeks away). If the shareholders are upset enough with his activities (crazy or not) to willfully damage AZX  then they would support a class-action suit against him with a huge punitive damage. All, that would be required is for major

[TheCardinal]

What you're suggesting here, goldhunter11, is a financing mechanism called a Shareholder Rights Offering and it is an excellent way to let everyone be part of a needed financing.  It has fallen into dis-use in recent years as PP's have become more popular but it is still available to any Company who wants to use it; the most egalitarian thing about an SRO is that for those who