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Wednesday, 10/16/2024 12:42:58 PM

Wednesday, October 16, 2024 12:42:58 PM

Post# of 3777
We hear from Bruce.

The 8k filed 10/3 has now been updated with a letter from Bruce (and his attorneys). The letter demands that it be filed with an amended 8k so Marc had no choice but to make it public.

Bruce says:

The secret shareholders meeting that was used to oust him was not legal under the section of Delaware law Marc stated in the 8k and that it did not comply with the company's bylaws due to technicalities about signatures and dates signed.

That he was never asked by Marc or the Board to facilitate a hook up with Veolia but he did it anyway and Veolia and "one of its international partners determined SusGlobal was not a suitable development partner".

He wasn't the only Board member who didn't chip in cash to help pay for the costs around filings but was singled out for not doing so.

He also questions the sources of debt financings Marc came up with from Q4 last year through Q2 this year and what the money was used for. Not sure if that refers to loans from Marc's company Traveller's International or mortgages but it sounds like it could be serious. Bruce says that information about these debt financings was not provided to the Board when requested.

So Bruce is not taking this lying down.

His letter is linked at the bottom of this filing:

https://www.sec.gov/ix?doc=/Archives/edgar/data/0001652539/000106299324017693/form8ka.htm
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