Post by
CrashSurvvivor on Feb 04, 2011 11:52am
Special Meeting
According to Sedar, the March special shareholders meeting has been cancelled.
Comment by
goldengirl20 on Feb 04, 2011 11:59am
good sign as the main purpose was for a cosolidation vote, we might be getting an update shortly then on other activities.
Comment by
CrashSurvvivor on Feb 04, 2011 2:31pm
It is not for sure that the consolidation vote has been cancelled altogether. The meeting has been cancelled, but maybe it will be rescheduled. I don't want to see a consolidation, but I believe the vote has to take place. Doesn't mean it will pass.
Comment by
wildman2 on Feb 04, 2011 2:44pm
No vote has to take place. They announced it arbitraily. They can cancel it arbitrarily. This was a shakeout and a shakedown pure and simple.
Comment by
CrashSurvvivor on Feb 05, 2011 10:57am
I should have been more clear in my last message. The roll back vote will likely still happen, but at the AGM instead, as there no longer seems to be sufficient support for the vote to happen at a special meeting. Instead it will likely form part of the agenda and regular businnessat the AGM in May.
Comment by
islandjon on Feb 05, 2011 2:04pm
I hope we have some news next week. This company better start to get out of the hole that it is in soon.
Comment by
Rambo007 on Feb 05, 2011 2:18pm
Yep money is running out....CDO has to sign a good JV soon with a good amount of cash up fronth....Or sell one of their properties