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Bullboard - Stock Discussion Forum Mineral Road Discovery Inc C.ROAD

Alternate Symbol(s):  CRSTF

Mineral Road Discovery Inc., formerly Crest Resources Inc., is a Canada-based natural resource focused investment company with a portfolio of resource development and mining related technology companies. Its principal business activity is the investment in mineral property assets in Canada and Australia, and the investment in mineral exploration and mining technology companies. Its mineral... see more

CSE:ROAD - Post Discussion

Mineral Road Discovery Inc > The Tyranny of Executive Fiat: Crest version of Companycide
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Post by ja_prufrock on Jul 13, 2021 10:38am

The Tyranny of Executive Fiat: Crest version of Companycide

Sep 10, 2019 — So what does that term mean, “executive fiat”? ... According to the Cambridge Dictionary, a fiat is an order given by a person in authority. The word ...
 
Similarly, and by Exeecutive Fiat on about 6.03.2021 you were fleeced of about many MM shares of CRES stock and ~6.5 million shares of stock from the companies investment portfolio, resulting in ~50% loss in value of Cres stock.

This was done by a perverted sense of approval by SH's for the RSU which was then replaaced by an alternative EX FIAT plan.  All done to reward mismanagement and certain key employees.  TAKE FIVE!
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