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Technology Stocks : Allen-Vanguard Rescue Board

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To: drakewn who wrote (6)9/16/2009 6:16:30 PM
From: kidl  Read Replies (1) of 724
 
Here is one I kept:

So far this little vocal group is not doing too badly. Round #1 we won as we prevented the stock from trading at a half cent where some "interested parties" wanted to buy millions of shares for whatever reason.

We also got the OSC to look into this deal. Remains to be seen what good that will do.

We got (so far) at least one journalist doing research / writing an article. Hopefully others can be persuaded as well.

True, there is no guarantee that any of this will change the final outcome but if everyone took your f...... attitude as in doing nothing, nothing would ever change and the general public would be stuck in the permanently bent over position.

This deal may not be illegal or may be illegal but they may get away with it as no one might be willing to hire the $500/hr lawyer BUT we can certainly draw public attention to this deal and to ALL the parties involved.

This deal is essentially being presented as a "save Canadian jobs" deal which is largely a misrepresentation.

Take the time and contact them.

Globe & Mail
Kenny Yum, Editor, globeandmail.com Email: kyum@globeandmail.com
Nicole MacAdam, Managing Editor, Report on Business Email cmotherwell@globeandmail.com
Scott Adams, Managing Editor, Globe Investor Email: sadams@globeandmail.com
Financial Post
Phone: 416-383-2300
Fax: 416-383-2305
Ian Karleff, Managing Editor, Financial Post:
nationalpost.com

The Star:
Business
Editor: Andrew Phillips
Phone: 416-869-4811
Fax: 416-865-3630
Email: business@thestar.ca

BNN (Business News Network)
General Manager
Jack Fleischmann
jfleischmann@bnn.ca
Strictly Legal
with Michael Cochrane
Email: strictlylegal@bnn.ca

Don't try to email them the details. Long emails annoy people. Just ask them if they are familiar with the Allen-Vanguard (VRS.T) story and if they would be interested in hearing more. Give them your name and phone number. Don't cry on their shoulders when they contact you. Just point them towards the "interesting" aspects of this story and how it could potentially affect all other Canadian public companies / their shareholders.

Key points to mention:
- Backroom deal with a private US company
- Misleading / questionable news releases
- RBC involved as one of the lenders. Lead lender?
- Last NR (seemingly) arbitrarily cancelling all public shares possibly WITHOUT a shareholders' vote.
- Point to the to the Stikeman Elliott document about a public company going private 216.220.35.206

That should give any interested journalist enough of a base to do their own research.

There is power in numbers. A journalist receives one email or call. He may not act on it. If he receives 50, he will look into it.

Now, before anyone asks the obvious question: "Why don't you do it"?
I have already done it. That's all I can say right now.

Get busy folks! An email or a call takes very little time.
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