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Tuesday, April 10, 2018 1:12:51 PM
RE:RE:wow penny made a website telling off three directors
Agreed. There is no incentive for Penny to prop up the stock. The lower the share price goes before June - better for her proxy vote. Only group Glance retained is Vincic Advisors akin to Penny retaining Kingsdale Advisors. This is going to be a street fight proxy situation. Who loses? Shareholders that bought into this deal above $1 and haven't bailed out! I notice one of Penny's director nominees is John Logiudice... Why? He is a telecom industry executive... Not a Fintech guy. Makes no sense! Logiudice joined Tower One Wireless mgmt team. "TO" CSE. Is he really going to focus on Glance. Very unlikely!!! LOL
Quite a song and dance Penny is leading with this website and Kingsdale. I wonder what the response will be from Vincic Advisors? Penny has dumped 3% of the outstanding shares of Glance contributing to the downward pressure. Voting for her will only see a return to overspending on pump and dump promoters and more shady licensing deals for worthless private company paper. Not real cash revenue! I find it astounding that a news release like today's is allowed to be disseminated. Short GET and without spending on promo... The bottom is likely half of where the stock is now. Plus the summer market after the June vote, etc. Could be pennies! Again - What incentive does Penny or Kingsdale have to support the stock or speak to anything but the current mgmt and director's incompetence? Right. So unless you are shorting this deal - Why roll the dice now? Wait. See how cheap it gets. Otherwise jump on another ship. This one is like a mine field risk wise.
Read more at http://www.stockhouse.com/companies/bullboard?symbol=c.get&postid=27860353#td3qSJ0FHuBw4coc.99
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