Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Bullboard - Stock Discussion Forum Forte Group Holdings Inc FGHFF


Primary Symbol: C.FGH

Forte Group Holdings Inc., formerly BevCanna Enterprises Inc., is a diversified lifestyle and wellness consumer packaged goods company. The Company, through its subsidiaries, is focused on developing, manufacturing and distributing lifestyle and wellness consumer packaged goods for in-house brands and white-label clients via a multichannel sales network. Its segments include Conventional... see more

CSE:FGH - Post Discussion

Forte Group Holdings Inc > CEO Holds Shareholders Interest at Heart
View:
Post by shneps on Mar 02, 2022 9:37am

CEO Holds Shareholders Interest at Heart

Do you want to see the epitome of self serving, pocket lining directors. The so called "disinterested members" entailed ONE director (Phil Fontaine) so he says "Yah, I'm ok with you guys receiving $328,324 per quarter." Of course you guys will approve my cut as well. Right?" Don't forget that Marcello also loaned the company $1.5M last year and was paid back in the full amount at a whopping 37% interest rate. The same day the following occurred - "On June 28, 2021, the Company sold 3,717,000 shares of the Company for $1,486,800 to a person
related to the CEO. The payment has not yet been received as of September 30, 2021. At 40c per share when the stock was trading at 50c per share. Because these shares were not held  by an insider they could turn around and sell them all the next day for a 25% profit. Good to be you.  "The Debt Settlement was approved by "DISINTERSTED MEMBERS" of the board of directors of the
Company and Mr. Mason, Mr. Blank, Mr. MacDonald, Mr. Leone, Mr. Campbell and Mr. Ciambrelli
abstained on the resolution of the board of directors approving the Debt Settlement as it related
to their respective interests. A special committee was not established in connection with the
approval of the Debt Settlement, and no materially contrary view or abstention was expressed or
made by any director." 
Marcello Leone, John Campbell, Martino Ciambrelli, Phil Fontaine, William MacDonald, Howard
Blank and Douglas Mason as directors of the Company 
Comment by luckyAF on Mar 07, 2022 1:23pm
I'm curious to know what this company's D&O insurance policy looks like.