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From: kidl	11/7/2009 12:38:31 PM
	2 Recommendations Read Replies (3) of 312359

A weekend OT post which really isn't OT as it may affect all of us. Yes, I did get the OK from the forum boss(es) to post this. If you consider it worthwhile, please act on it and pass it on. My appologies if you consider this a self-serving post. Below an email which I sent out to a number of people I know. Please take a few minutes to read it and check out the links. "Hi, I am sending this to you as I know / suspect that you are investing in Canadian public companies and thus may take an interest in this “corporate governance” and fair treatment of shareholders issue. Please have a look at this petition to Justice Minister Rob Nicholson gopetition.com At first glance this may look like an isolated company specific issue. NOT so as it could set a precedent for all Canadian publicly traded companies and thus would allow any public company to wipe out shareholder equity without due process (Formal Chapter 11 or bankruptcy proceedings). Thanks for reading the petition and an even bigger thanks if you decide to sign it and my up-front apologies if this is of no interest to you Regards, XYZ PS: In case you wonder why I am involved ... Yup, I got caught in this mess / potential fraud. Not a lot of money but if these crooks / banksters as in RBC, EDC, self-serving insiders AND the potential purchaser get away with this, we all may just as well stop investing in Canadian equities. What would be the point if companies are allowed to wipe out shareholder value as they see fit by simply “tweaking” the balance sheet? How can a CFO of a public company simply write off $550 Mil in equity (obviously) with board of directors’ approval but WITHOUT a third party opinion? PPS: There is already a $80 Mil law suit in progress. For details please go to: Subject 57843 "

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