Post by
kennethj on Jul 21, 2021 5:41pm
What's left for common shareholders?
$10M - sale proceeds
less:
($0.1M) - legal / other costs to sell
($5.6M) - convertible debentures balance as of Sept 30, 2019
($2.0M) - additional convertible debenture interest / fees since Sept 30, 2019
($1.0M) - other accrued liabilities/trade payables
(???) - any other liabilities (CTOs?) or garbage David V has encumbered on the company
What's left for common shareholders? A shell company with nothing (of value) in it.
Sorry for those that bought into this shtick. I've met some of the principals of this business, believed the story, assumed the risk, and paid the price.
Anyone attending the Special Meeting next month?
Comment by
JinFein on Jul 22, 2021 3:19am
Don't forget that Canamex owns 10% of Metalstream, which claims to have raised $67,785,104 Don't forget that each GOLDUSA token issued by Canamex entitles the bearer to 1/200 oz of Gold Etherscan shows that there are 210,000,000 of these out there so that's 1,050,000 oz that David Vincent needs to find before shareholders get anything
Comment by
kennethj on Jul 22, 2021 11:44am
I'm sure we can both agree that 10% of nothing is nothing :) Do we even know if those tokens still exist? (honest question)
Comment by
griz14 on Aug 08, 2021 10:23pm
Hi kennethj I was advised awhile ago that they have not traded and have no value now due to them being felt to be part of a scam. I dont know for sure.
Comment by
Matthew035 on Aug 10, 2021 3:38pm
I am a shareholder but has not received the necessary voting document yet. Is voting available online?
Comment by
Windyhill on Aug 13, 2021 6:02pm
Griz14, . check your messages WindyHill
Comment by
griz14 on Aug 13, 2021 8:25pm
Hi WindyHill Check your messages.
Comment by
Windyhill on Aug 10, 2021 8:58pm
Gritz, check your Vote No.! Vincent and the management are sticking it deep into the existing shareholders. VOTE .... No. what are our options to fight this. Open to see options.
Comment by
Windyhill on Aug 10, 2021 9:02pm
I am in agreement. Vote no and let the shareholders have an extraordinary meeting to get to the bottom of this sharade. Vincent and others needs to be stopped in his tracks.