The CEO of a company should not let the PPs go to the level that it has, when
there is no apparent reason or justification for doing so.
Surely his claim of secrecy so that other companies do not finds out an attempt
is been made to lease the Hipodromo V centenario racetrack, does not hold water,
because it was CGAQ who let the cat out of the bag in the first place by making
a public announcement of the attempt to do so.
To tell shareholders that feel as if they have been defrauded and simply sell shares
they may have purchased at 0 .60, or 0.50 , etc. , at the ridiculous low PPs that
the stock is now selling for and just take the loss as if they had gambled is not fair
or realistic.
To further have you I.R. representative state to shareholders that a letter of approval
had been received by the company and have them enthusiastically buy more shares,
only to later find out that it was just a letter of acceptance.
The D. R. government response was just a letter written at the request of CGAQ, that
the offer had been received, they further stated that in the event that sometime in the
future the government was going to entertain the leasing, they would do so in a public
bidding and would let CGAQ know.
In other words, Thank you for your application, but we are not at present entertaining
any lease of the racetrack.
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