Mr goingforbroke2 - Sounds like you know a lot more than I do about these Penny Green/Desmond - Hugo "Issues" I have shared all the information and insight I have. Hugo is just an aquaintance and I don't know him well enough to know all the intangibles regarding his day to day business relationships with Penny Green. I don't live in Vancouver. I have only met Penny a few times via my business friends in Vancouver and spoke to her on the phone once about Glance in spring of 2017. I know Christina Rao better than Hugo or Penny. I know the founders of Active Pay very well. They are NOT capital markets people.
I don't know EXACTLY how they have 67 million votes locked down. That is hearsay from Hugo. Maybe they don't? There are two pretty decent firms on either side of this proxy battle. Vincic Advisors and Kingsdale Advisors. I honestly doubt the largest shareholders will be influenced by all the dirt being thrown around regarding Penny/Hugo. If they are loyal to Penny then they will likely vote her way.
I have no idea what your comment about "few mill(tippy toe)" means or playing games, etc. Bacchus Law firm in my opinion was like an ambulance chasing securities/business law firm. They listed anything or advised anyone that would pay their fees. Often incompetently. Penny clearly does not want to practice law anymore. If she has authorities or regulatory bodies closing in on her then I'm sure they have been building a case for a while. I'm sure those folks are capable of following the money trail and bread crumbs of securities law fractures.
I doubt anything serious will happen to her. She's not exactly Bernie Madoff... lol Low priority for SEC. That's for sure!
The point of this reply is simple - You clearly are not sharing everything you know. I have.
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