So Mr. Bordynuik gets reprimanded by the OSC, gets
Post# of 43064
Posted On: 04/04/2014 5:27:41 PM
So Mr. Bordynuik gets reprimanded by the OSC, gets the 5-year officer ban reset and has to pay $170,000 which is basically a minor toll charge compared to what he raked in from investors. Just a cost of doing 'business'.
Well, at this point the super-voting preferred shares no longer have the majority so Mr. Bordynuik probably doesn't own over 50% of the votes anymore. 'Technically' that should give other shareholders a vote when electing a CEO and other business...but I wouldn't count on that actually happening.
Well, at this point the super-voting preferred shares no longer have the majority so Mr. Bordynuik probably doesn't own over 50% of the votes anymore. 'Technically' that should give other shareholders a vote when electing a CEO and other business...but I wouldn't count on that actually happening.
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