Post by
123buyholdhope on Oct 02, 2020 4:16pm
HVV - Continued Sham!
Two directors are left - Crath and O'Donnell. These two originally left HVV for greener pastures and now have returned this July to replace the former CEO, along with another director plus another who passed. Seems like a story of musical chairs - who is up next? The next news release according to the new CEO outlining the companies future was supposed to be by July 28th. Crickets to the present!
Originally they wanted to make a move from gold exploration into property management (a 5+ year TSX halted dream!). Now, they are and I quote - 'actively evaluat(ing) existing and potential future transactions for the company' while being basically bankrupt and with a current 2 person board that has no record of anything with HVV, and nothing to entice another merger.
It is this type of company that gives the Canadian small/micro cap market such a bad taste; especially, when the powers that be basically turn a blind eye to this 'halt' shinanigans; letting investors be hung out to dry (can't even take a total loss and move on), while the zombie provides (eventually, a 'halt upon a halt') the 'template' quarterly documents. Absolute sham.