Comment by
Calgary_AB on Feb 14, 2020 10:41pm
even with 60%, you still have nothing to say when it comes to company insolvent and broke the only decision you have is who you elect for board out of given names and sometimes the share issue program...not much that majority has to do with current situation
Comment by
TeddyBear on Feb 15, 2020 9:31am
We have ZERO power at present, sollicitation process do not need vote of shareholders to be finalized just agreement of judge ... As no general assembly to vote (and probably never be any one) to own 60% or 99.9% change nothing.
Comment by
joeman on Feb 15, 2020 9:39am
The judge will hopefully weigh us into the equation hopefully more than zero.
Comment by
TeddyBear on Feb 15, 2020 11:20am
Nope will weigh us ZERO as it is an insolvency process, only legal concern is CREDITORS and to end with a proposition to creditors vote by more than 2/3 of them.
Comment by
mick1888 on Feb 15, 2020 1:08pm
At least the retail shareholders now have legal representation - Jean Lozeau Groleau Gauthier Plante 1000 Sherbrooke Street West, Suite 2100 Montral, Qubec, H3A 3G4 jlozeau@ggp.legal Link - https://www.pwc.com/ca/en/services/insolvency-assignments/nemaska-lithium-inc/service-list.html