Post by
Davec12 on Jun 04, 2021 3:12pm
Crest resources and why a public
https://crestresourcesinc.com/site/assets/files/3670/nr_1125_2019.pdf
Crest resources was organized to be an investment company.
"the Company’s corporate objectives to include participation in prospect generation opportunities, the investment in private equity and liquid public market securities in such industries and sectors as the directors may determine from time to time, and to become an “investment company”
That is why we all invested in it originally. I'm pretty sure no shareholder bought with any expectation that the company would then turn these investments over to directors at FAR BELOW MARKET VALUE.
These transactions should be reversed, and this company should be forced to restate its objectives and asset values, so shareholders have some kind of idea what they are really investing in.