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ratherbefishin

02/26/15 8:17 AM

#26390 RE: redflame #26387

'I would like to know what really happened'.....not too hard to figure that out,just go back and read the posts of the people who were denounced as 'Bashers' for 'poisoning the board' and called 'Idiots' and put on 'Ignore'..

My summation is Fifer gathered together a group of 'yes men' and put them on the Board of Directors then proceeded to milk this company dry,and when the coffers were empty,proceeded to raise 'equity capital'to carry on milking it,resulting in massive dilution.

Not being content with just drawing his very generous $60,000 per MONTH,he then poceeds to buy a worthless piece of abandoned gold property for $1million,convince the naive shareholders he was going them a 'favour'by 'allowing'them in on the deal-for $30 MILLION!,YES!$30 MILLION DOLLARS!....oh yes,and to add indult to injury,for all this he collected those oh so generous 'Finders Fees' And just WHERE was the Board of Directors (those guys who have a FIDUCIARY RESONSIBILITY to protect SHAREHOLDERS interests)during this raid on the cookie jar?RUBBERSTAMPING everything our 'friend'wanted....

And THAT my friends, is in my opinion ,what 'really happened'that brought us to where we are now,shut down,out of time out of money and about one week to go before being delisted....it was a 'Great Opportunity'-for insiders and management....

Oh well,maybe you can salvage something by writing off the TAX LOSS .....and those share certificates make pretty good wallpaper..,frame them as a reminder not to trust the management of Vancouver Penny mining stock shell games ,they're NOT 'your friends',make them PROVE what they claim