Post by
BC1967 on Dec 06, 2019 4:56pm
Gregg Sedun is the Lionel Hutz of Canadian corporate law
I've met Gregg Sedun on a few occasions years and years ago though a former colleague of his, and after hearing about this Core Gold debacle over lunch today I have to admitt, I'm not suprised by any of this to say the least! Haha. I had to look more into it.
There's a reason he doesnt practice law anymore. The field of law doesn't suit his intelligence or his demeanour; he's more of a con man type. I truly feel bad for anyone who has invested with this company, because as long as Gregg Sedun is involved with it it will remain tainted.
Just briefly researching what has happen with Core I see his absurd arrogance and stupidity all over it.
-The Australian shell company (Titan) made up to slightly mirror Core's assets and market cap on the surface. One look at Titan's website and you can tell its all smoke and mirrors
- This fight with the former CEO and the back and forth of news releases. It looks like something from a SNL skit. Remember that was supposed to be a professional news release issued by a publically traded company not a teenage girl. Multiple references to a "chinese" offer? What were they thinking?
-The ruling by the BC supreme court. Remember this guy is the Lionel Hutz of Canadian corporate law. It's actually comical that they thought this heist would work. Who would take legal advice from this klutz?
-The news release after the ruling " going to continue with the merger in full force" Who says that in a public news release? Haha
- This debt transfer has clearly forced the TSX and BCSC to start investigating everything they've done. Its hilarious that Gregg Sedun can't even complete a corrupt debt transfer correctly. That stuff is typically a rubber stamp approval. But he is Lionel Hutz after all.
Hopefully Netflix picks this story up in a few years. I love comedies.
I hear word has been spreading about this whole mess. Old Lionel is gonna be the talk of the town and the slopes!
Good luck everyone