Post by
speculator on Sep 04, 2014 1:39pm
Korean Myanmar Development Corp.
I just realized, there is not one director representing KMDC on the board of POP or proposed to go on the board of POP.
Investing up to $100 million, don’t you think KMDC will require one or two directors of KMDC on the board of directors of POP?
I have never seen that before. This simply does not make sense.
JMHO
Comment by
stockbaby on Sep 04, 2014 1:54pm
I was thinking the same thing myself, its absurd. It sounds to me like the Koreans want to renegotiate the deal in public and behind closed doors, since they have such a big hammer. Stay Sharp!!
Comment by
speculator on Sep 04, 2014 2:27pm
On second thought, there is no way this deal will be done without KMDC being represented with one or two directors on POP board of directors.
Something is rotten in the state of Denmark
Comment by
birch1 on Sep 04, 2014 2:41pm
Ya, big deal, so they get a board seat. oooo....scary. perhaps everyone should sell their positions. have you spoken to IR yet? get on that one. LOL This will close much higher today.
Comment by
investderp on Sep 04, 2014 2:49pm
A change in the agreement of this nature would be a MATERIAL CHANGE and would require an announcement as such. Did you see now like that? I did not. You're not that great at speculating...