Yes, congrats to Sunny on the mod position-now w 2 asst mods I can visit my private island occasionally, where internet access is spotty (the monkeys keep wrecking the antenna), and go looking for bioluminescent pterodactyls in Papua New Guinea or fishing w Mr Zhao
Some are thinking CWRN would be a shell, so, PR says:
"This will be accomplished via a dividend consisting of the shares of the wholly owned subsidiary KMG, pro rata, issued to all of the shareholders of CWRN, "
CWRN and CWRN shareholders will continue to own the sub and CWRN has other concessions also-
Pr didnt say PanAm was only asset -said only revenue generating asset [at present time]
re relationship between old and new co, thats difficult to assess at this time and partly depends on contract between bob and brad, but mostly depends on rules of law
even though CA case is not a shareholder action it was held in trust for the CWRN shareholders -is not bob et als personal property, so shareholders could benefit greatly from awards in CA case-
awards would reasonably inure to the shareholders who existed at the time of geos alleged violations on a per share basis-might even be given a chance to vote on what option we want
Some are thinking CWRN would be a shell, so, PR says:
"This will be accomplished via a dividend consisting of the shares of the wholly owned subsidiary KMG, pro rata, issued to all of the shareholders of CWRN, "
CWRN and CWRN shareholders will continue to own the sub and CWRN has other concessions also-
Pr didnt say PanAm was only asset -said only revenue generating asset [at present time]
re relationship between old and new co, thats difficult to assess at this time and partly depends on contract between bob and brad, but mostly depends on rules of law
even though CA case is not a shareholder action it was held in trust for the CWRN shareholders -is not bob et als personal property, so shareholders could benefit greatly from awards in CA case-
awards would reasonably inure to the shareholders who existed at the time of geos alleged violations on a per share basis-might even be given a chance to vote on what option we want
