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Wednesday, May 30, 2012 5:03:09 PM
It seems the 2 new directors were brought on to help CALVF on the OTCQX, which has mostly been retail investors. It is nice to have some fresh blood on the board and maybe some directors who would favor a small dividend. A few of us were sitting around before the Caledonia AGM meeting and Bill and I thought that management should dividend back out to the shareholders all the interest payments of the loans they are accommodating to our IZ partners. WE are charging LIBOUR plus 10% interest on outstanding balances in addition to principal payments against the stock. It is my opinion that a dividend should be paid on the interest earned from the loans. It is our money that management is using to facilitate the IZ transactions and I believe it should be returned to the STOCKHOLDERS ON RECORD.
JMO
hothers
Recent CMCL News
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- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 05/24/2024 10:00:09 AM
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