Tuesday, January 25, 2011 4:25:40 PM
I thought you previously questioned and tried to get everybody up in arms about them awarding themselves the bonus shares, and why now, why the rush to give themselves more bonuses etc.
Now you're sounding like you know exactly why they are doing it, and using your words "they will do this annually at a rate of 16.82% of the O/S each year" and also "it is something will do every (year?) like clock work".
So if you knew why they are doing this then why raise the big fuss about it? It's a little confusing where you're going with this.
The fact that they exercised their right to register these shares is not a surprise. As you stated, it's all in the filings. Our ownership of 75.6% in VGREF is also in the filings and that won't change. So I don't see what the issue is about them making this move with the 1.4M shares. It was all in the filing to begin with. And as to the timing of it, as I said before I believe they have a good reason why now.
FEATURED North Bay Resources Announces Assays up to 9.5% Copper at Murex Copper Project, British Columbia • Nov 4, 2024 9:00 AM
Rainmaker Worldwide Inc. to Assume Direct, Non-Dealer Sales of Miranda Water Technologies in U.S. and Mexico in First Quarter of 2025 • RAKR • Nov 4, 2024 8:31 AM
CBD Life Sciences Inc. (CBDL) Launches High-Demand Mushroom Gummy Line for Targeted Wellness Needs, Tapping into a Booming $20 Billion Market • CBDL • Oct 31, 2024 8:00 AM
Nerds On Site Announces Q1 Growth and New Initiatives for the Remainder of 2024 • NOSUF • Oct 31, 2024 7:01 AM
Innovation Beverage Group Receives Largest Shipment of its Top-Selling Bitters to Date in the U.S.-Ready to Meet Growing Demand from Expanding Distribution Network • IBG • Oct 30, 2024 12:22 PM
Element79 Gold Corp to Update Investors on the Emerging Growth Conference on October 31, 2024 • ELMGF • Oct 30, 2024 9:08 AM