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Strategies & Market Trends : Ride the Tiger with CD

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To: jpthoma1 who wrote (52113)	5/18/2006 11:51:36 AM
From: Claude Cormier	Read Replies (3) of 313059

- Managing the company and managing the dollars are 2 different things. I underdstand that. But in the end, I prefer that the assets be well managed. I don't need a company that complies with regulations, but dilute excessively and spend shareholders money unwisely. A well managed company would not need regulations. Regulations (about whatever you want) exists because too many will not take and assume their responsibilities. BTW, I think the BCSC has not adopted the instrument 52-110 regarding audit comittees which may not be mandatory for BC companies according to security law there. Still, the exchange has made it mandatory since the fusion of the VSE and TSX. So there may be a grey zone there. I could be wrong I am not sure. So just because the annual report has been submitted less than two weeks after dead lines, doesn't mean that the company is not well managed. I can tolerate such small problems with paperwork, but I would not tolerate mismanagement of the company's assets. CKG is not delisted. It is suspended pending revocation of the cease trade order. Now let see what the regulators will say now that they have the papers.

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