Sasamat Capital Corp (Formerly Bresea Resources) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Sasamat Capital Corp (Formerly Bresea Resources)

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

From: IngotWeTrust	4/23/2006 4:09:32 PM
	Read Replies (1) of 96

Deussen, here is the response from a head of a legit, fully cooperating and legal Canadian equity president of many years in business there. OPEN QUOTE: "As far as I know if the control block wants to dispose of the major asset, it has to call a special shareholders meeting and seek approval of the disposal and abstain from voting. That makes them fair to the minorities because the minority can block the sale. IT cannot simply sell the asset to a friend for 10 cents. "Refer to the OSC website. One will have to do some researching osc.gov.on.ca "One might also ask the OSC the question online, since it is a Canadian corporation. Give them all the facts and they may give some references that are pertinent and then one can place them in the forum "In addition, self serving contracts are also a breach of their control position. So they cannot hire friends for tasks at 20 times the normal wages. Usually they must abstain from voting on any conflicting actions." CLOSE QUOTE

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next