Wednesday, May 27, 2009 2:03:59 PM
1) if the A/S turns out to be a LOT more than posted (remember, this is a pinky), then maybe the company sold off enough shares to literally buyout all the SH's....or
2) if not 1, then consider the company IS the MAJORITY owner of the shares. what if they vote "No" on the sale? your shares have tanked, no buyout....
For 2, thats why I've asked earlier if the company (in good faith) would make their proxy public, considering they issued a PR suggesting the SH's accept the buyout. "Show Me" comes to mind.
As posted earlier, the best thing for ALL concerned is "for the buyout to happen." Will save a LOT of Jail Time!
Either way, I see this getting investigated (now) as a Recognized Government will make a trip to the US and Canadian Consulate's office and file a complaint about the TAX, which will result in people being held accountable.
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