NMX Investor group
I read a little on FB and already have many opinions and just shaking my head… bottom of the post is copy and paste from FB…
- NUMBER ONE – FB posts in French and addressed to Quebec investors, so you only want investors from Quebec, what about the rest?
- Do you think that Quebec Gov. will help the 25,000 investors and forget about the 100’s G investors worldwide? Quebec itself will not have enough money to pay all the other lawsuits on discrimination alone if they ever treated Quebec investors different than all the rest…
- The group does not have a clear message
- Protecting the rights of shareholders… really? Tell me what rights are you protecting?
- “United we stand” LOL – sounds a little too socialist for me, I guess the capitalist in me is why I didn't see NMX viable to start with...
- Voluntary Contribution: I would be very careful from all aspects of sending and collecting this kind of money…is it a nonprofit registered company? Who collects the money? Is there accounting being done on how money is spent?
- Anyone sending money to such group, ask yourself if you are getting screwed twice on the same company…
- Who is Legally representing the group? Why not let the legal firm handling the money? What is the Legal representation doing to recover NMX investment loss?
OPINION:
- There is nothing that can be done other than a group getting a lawyer and try to sue NMX board and management for false representation (not in best interest of all shareholders). Stock was clearly pumped so NMX can get financed, NR’s were misleading so Value was overstated, Doris was a lie, efforts to pump by NMX, GB in coordination with small local papers as well as Themoneynarrative website and all the users on stockhouse like Anon and his group. Those are efforts to create narratives and brainwash retail investors, I must say it was quite successful…
- Even if the Government of Quebec was stupid enough to take your letter in consideration about giving the 25,000 Quebec investors an opportunity at new company; you say Quebec success on 25,000 people but you forget it only represents 0.0029% of total Quebec population. Are you sure your 25,000 is even right number? How about the UK investors? How about US investors? How about EU investors?
- The letter you wrote sound like a letter written by desperate brainwashed people that didn’t do their research prior to investing.
- Here is QC Gov. answer to your letter:
- Dear NMX Investor Group, you invested in a junior company that has a very bad management and eventhough Calgary and a few others consistently told your over the last 3 yeras to be careful because this management is going to screw you and Longs will lose their shirts, you continued to buy down...Calgary told you it is a big mistake and you are trying to catch a falling double sided Knife and you will hurt yourself. You did hurt yourself knowingly you will be hurt and now you want the rest of the population to raise their taxes so you don't lose?
- SORRY but next time do your homework.
signed Quebec Governament
Vision Statement:
Our members are committed to protecting the rights of the shareholders of their Association “Actionnaires de NMX Lithium” also known as (aka) “Nemaska Lithium Shareholders Group”
"United, we stand"!
Members can also now make voluntary financial deposits to their non-profit Association with a small business bank account.
We are requesting your voluntary contribution to continue:
a) The recruitment of NMX shareholders;
b) Representation and publicity by our Group; and their proxies;
Letter:
ENGLISH: For discussion and input
VISION OF THE NEMASKA LITHIUM SHAREHOLDERS GROUP
1. Nemaska Lithium Inc must recognize the importance of its retail shareholders.
2. These retail shareholders are committed to completing this project in a timely manner and in the interest of all stakeholders.
3. Corporate and institutional investors want and can invest in partnership with current investors.
4. Nemaska Lithium Inc. has one of the largest lithium deposits in the world.
5. The spodumene concentrate to be produced at the Whabouchi mine will be sent to the processing plant to be built in Shawinigan. This plant will transform spodumene concentrate into high purity lithium hydroxide using exclusive production methods developed and patented by Nemaska Lithium Inc.
6. The Nemaska Lithium Shareholders Group exists to represent and defend the retail shareholders of Nemaska Lithium Inc for the following purposes:
a) Organize these shareholders of Nemaska Lithium Inc .;
b) Collectively represent these investors in the corporate restructuring process;
c) Exercise collective strength regarding the company, the politicians, media and government agencies;
d) Intervene with Nemaska Lithium Inc. and the governments of Quebec and Canada to protect the rights and interests of these shareholders;
e) Ensure that these shareholders of Nemaska Lithium Inc. are an integral part of the restructuring plans and that they remain once the procedures are completed with the CCAA;
f) Promote the training of these shareholders.
7. The 27,000 retail shareholders of Namaska Lithium Inc. represent 60% all shareholders and should have adequate representation on the company's Board of Directors.
8. Investissement Qubec should reinvest massively in Nemaska Lithium Inc.
9. A Canadian government agency should make a massive, interest-free loan to Nemaska Lithium Inc.
10. Nemaska Lithium Inc. is expected to offer the sale of shares to large corporate investors to generate $ 125 million.
11. Nemaska Lithium Inc. should offer the option to retail shareholders to invest in the purchase of more shares in the company to generate $ 125 million.
12. The CCAA judgment should support these last five statements and allow Nemaska Lithium Inc. to be reinstated on the stock market.