Post by
uncoverer on Jun 18, 2009 10:00pm
*Get Focused Fast - Consult TO Lawyer*
The next move or should we say threat to shareholders in what appears to be a carefully constructed strategy has been made by HRG / Severstal. Surprisingly, it appears to have the tacit support of the TSE with a possible delisting if the 22c takeover is not in their favour.The TSE only wanted the financials by end May and that was satisfied. Added to that HRG was profitable in the ist qtr. ??? No company on the TSE during the downturn has been treated so shabily ( add individual shareholders).
Time is of the essence.One of our Toronto shareholders within our group needs to contact preferably tomorrow the Lawyer Olderwiser suggested in order to get a first consult on our options.Also, get information on the fees.
HRG / Severstal are closeted every day with their team of lawyers.Any offers or do we risk a final chance.