OPEN LETTER TO WINSPEAR MANAGEMENT
We the shareholders of Winspear hold a considerable amount of shares in your company. Many have the faith that you will execute what is prudently right for the existing shareholders of your company. Many investors remained investors due to the quality of management and the scope of your project. WE the current shareholders of Winspear consider the lowering of options from the 3.66 excercise to 1.66 a slap in the face of every current shareholder of record post amalgamation. An e-mail will be forwarded with a petition requesting that your Company respect the rights of current shareholders. THE FOLLOWING IS THE TERMS TO WHICH THE SHAREHOLDERS WOULD LIKE MANAGEMENT TO ADHEAR TO FOR THE NEXT 5 YEARS;
1. No options will be granted unless current shareholders vote on the proposel. 2. Secondly., what is good for management is good for shareholders. BY THAT LET US SPECIFY. For every option granted insiders and equal amount will be distributed to current shareholders of record. So Management if you issue 2,200,000 shares for key personnel post amalgamation shareholders want an equal amount set aside to excercise at 1.62 for the next 5 yrs. Set the share pool up with your attorneys and lets get the ball rolling. CURRENT SHAREHOLDERS POST AMALGAMATION WOULD BE ALLOWED TO PURCHASE UNTIL CURRENT POOL IS EXHAUSTED. The amount deemed for allowable purchase would be a percentage of each shareholders current holdings. 3. THIRDLY., IF THIS PETITION IS IGNORED a petition will be sent to the Vancouver Stock exchange requesting an extra-ordinary meeting to convene at the soonest possible date for Winspear Shareholders to express their aggreviances.
Tomato., I am not an attorney but this is the nature of where it should start., Lets refine the petition,. add or detract., refine and present it to Winspear. We have some clout if we stick together. SO LETS DRAW UP THE DOUCMENT AND PRESENT IT WITH THE SIGNATURES OF CURRENT SHAREHOLDERS.
SO MANAGEMENT OF WINSPEAR TAKE NOTICE; YOU WILL BE UNDER THE MICROSCOPE., AND WE WILL BE WATCHING you Mr. Turner., Mr. John McDonald., so you may wish to reconsider any actions in the future.
GOOD DAY FROM ONE PISSED OFF SHAREHOLDER IN THE US OF A
Sincerely George Tromp |