Britannia Life Sciences Inc Com C.RLSC

Opportunity to sue for mismanagement?

[SwingfortheMoon]

This corporation has been a disaster for a long time.  I am in the 3rd name era since I invested.  MOM, LMT and now RLSC.  I am really wondering if the investors can sue the directors and officers of the company for breach of duty, financial mismanagement and recoup some of the losses.  Absolutely no communication as the value dwindled away.  That is not proper.

Would love to hear if anyone else has thought of this, or has experience in this happening elsewhere. I do know that D&O insurance exists for these cases, and also that the D&Os can be held personally responsible in some form.

[Odinson]

Yes, I  have considered this also but it would be a long up hill struggle. On the other hand though, if enough people were to get involved, it would hopefully send a message to all companies that mis-management will not be tolerated.

[BluHorseshoe]

Maybe we should contact management and demand an update before we go too far. I'd at least like to hear what the plans are (if any).

[Odinson]

Do you really think that they will all of a sudden give us new door update because you asked? They have been an abject failure that habitually ignores the shareholders. There probably isn't  anything there in the way of real dollars but they either need to start performing or close their doors. Like a lot of others, I've been holding the bag on this shyte show through 3 different

[Odinson]

Don't  know where the word "door" came from, must be part of the darn 'auto-complete' crud from google.

[TheGreatBull888]

Don't waste your time with this Canadian stock. Go with American COVID-19 stocks. IMAC just ran from 30 cents to $5 in 1 day.

[TheGreatBull888]

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