Additional IMHO, I think its a very strong point t
Post# of 11039
Posted On: 11/02/2015 4:36:35 PM
Additional IMHO, I think its a very strong point that in CORs complaint they specified that prior to a receiver, all parties, namely shareholders, would have a chance to be heard. Our letters point out that we have not received notice of any kind. While TDA responded on behalf of its clients, shareholders with other brokers remain unrepresented. TDA is not representing all shareholders necessarily as a whole with its response, as some other brokerages might object for other particular reasons and based on other data and its understanding on what occurred. Without proper notice from these brokers (which we have made the court aware of), action by the court could create potential hardship for many without a chance for defense. The court has been made aware that many of us would indeed like an opportunity to formally object (some aren't even aware of the issue). To me, this is a major due process concern that our letters have pointed out. Aside from this getting overturned in the future, these legal maneuvers should not be rewarded when it can be very easily inferred that COR believes DTCC/CRGP to truly be at fault but remedy is sought here from a party not in the lawsuit.
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I invested in Calissio Resources Group because I considered the financial statements warranted an investment. For every reader here that has been paying attention to my posts, please note the following:
1) I am not licensed to give investment advice. Everything expressed here is an opinion of my own for discussion purposes.
2) The only thing I know about the upcoming merger is that typically they are good for investors. A premium is typically offered when companies go private from what I understand. I certainly was and still am an investor before this announcement was made.
3) Finally, regarding the current OS, while there is lots of conjecture, I must rely on the only available information out there which has been presented in PRs. Therefore, OS as of the last PR was 242m. Consequently, I don't believe there is reason to believe I am a majority holder, despite recent purchases, without making a large degree of assumptions.
If anyone is wondering why I am posting this, it is because I want to make sure no one misinterprets my posts or considers I have any intent on the board other than to share potential ideas/speculate on possibilities.
I invested in Calissio Resources Group because I considered the financial statements warranted an investment. For every reader here that has been paying attention to my posts, please note the following:
1) I am not licensed to give investment advice. Everything expressed here is an opinion of my own for discussion purposes.
2) The only thing I know about the upcoming merger is that typically they are good for investors. A premium is typically offered when companies go private from what I understand. I certainly was and still am an investor before this announcement was made.
3) Finally, regarding the current OS, while there is lots of conjecture, I must rely on the only available information out there which has been presented in PRs. Therefore, OS as of the last PR was 242m. Consequently, I don't believe there is reason to believe I am a majority holder, despite recent purchases, without making a large degree of assumptions.
If anyone is wondering why I am posting this, it is because I want to make sure no one misinterprets my posts or considers I have any intent on the board other than to share potential ideas/speculate on possibilities.