EarthLabs Inc V.SPOT

Vulture Capital Wanted!!!

[Malpeque2]

This is a totally mismanaged Canadian Special situation.    Get Eric Sprott to go along and everyone can make some decent cake from $.17C Canadian.   Sprott has the effective "control" position and the officers/directors of  SPOT do NOT.    Run the Special Meeting and Change the BOD.   Large buybacks and return of capital thru either Substantial Issuer Bids or Special Dividends.    Sell down the portfolio.   Sell down all the remaining electronic "businesses".     Keep the Royalty on NFG property.

Can't miss at upside from .17 cents.

[drewmumaw]

I agree with your sentiment. However, Eric Sprott is a billionaire, so he probably doesn't spend too much time thinking about his position here. He has 23.68M shares of SPOT (only worth about $4M at current market price). I doubt this would be very high on his list of priorities when reviewing his portfolio and/or considering effecting change at SPOT.

[Malpeque2]

I agree 100%.   But some investor(s) should approach him about taking the bull by the horns and delivering some value for shareholders here,   and they best way to do it is to get Sprott on Board for the restructuring of the BOD and managment of SPOT and start buying back some shares at this discount to cash and working capital.    If they have Sprott's vote it

[tootall123]

Eric Sprott has made millions$ shorting this dog.... GOLD IS KING...