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Re: EOT post# 36463

Monday, 07/17/2017 8:49:51 PM

Monday, July 17, 2017 8:49:51 PM

Post# of 113853
I believe the authorized shares is 3B and the reason given for this high number was to implement a poison pill defense (as if they would be susceptible to a hostile takeover in the first place). The original share count when first incorporated was less than 30M if memory serves me correctly. I spoke to Camille on the phone a couple of years ago and actually took the time to visit their 'office' in mtl then prompty sold the bulk of my shares shortly after. I only keep a representative amount in my portfolio to keep me reminded of my past mistakes.

*Everyone should do their own DD, the above is only an expression of my opinion*
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