Post by
schocor on Dec 10, 2024 4:39pm
How to Avoid Accountabilty - Commander Style - Shame
The only process shareholders have to hold managers to account is the Annual General Meeting. However, lifestyle grifter managers like Rod Cameron and Brandon MacDonald don’t play by accountability rules. They haven’t had an AGM at commander in 15 months……...but wait….it gets worse.
NOW, they are trying to take over a failing bankrupt company (Endoro ENDR) via a 2/3 vote at a SPECIAL meeting of Commander. The company they are attempting to BE TAKEN OVER BY (headshake) have their AGM on Friday Dec 14th and Rod not Brandon are running for that board – they don’t need to as they have found a way in with no accountability or assessment of their records at managing junior mining companies.
If grifter #1 and Grifter #2 were successful at their special Commander meeting (they wont be), that would mean that they would be CEO and Chairman of a combination of these two companies without every appearing on an AGM ballot for 2+ years; kind of reminds you of Frank Underwood from House of Cards. They would control chairman and CEO of the new Endoro without a shareholder vote.
But if 1/3 of voters vote against them at the Special meeting the merger will fail, we will have out AGM. We will then elect new directors who can competently wrap up the declining cash balances at commander. Join us in the fight and buy some whares; there is still about .085 per share in cash in the till after all the grift. These are not serious geologists; they are just desperately trying to hang onto any job than can despite owning 6% of the shares. Shame.
Vote against grift, bad management and stupid planning – a micro cap is going to attempt to go porphyry hunting with $1m in the bank? They will be broke in a year. But grifters – like a drowning man – desperately try to hold on as long as they can. Shame.