Americas Silver Corp fka USAPF

[SOUTHPEN]

I don't agree with shareholders rights plans because it relies on the companies directors to make deals instead of letting the free market decide. It can be beneficial to shareholders in extreme conditions but considering the history of M&A with the present M&D ,I personally think we would be in better hands of the 20% plus owner of the company .(whomever that might be.)

The Directors of our company could squelch a deal if they were not personally compensated to allow the "shareholders rights " ,to be excluded. WE have given them that power.

"Poison Pill" was devised in the 80's to protect a possibly naive shareholder base .I don't believe WE are that naive ,any longer.