SI
SI
discoversearch

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.
Technology Stocks : Allen-Vanguard Rescue Board

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: iaden who wrote (570)11/12/2009 9:25:43 PM
From: beaverfever   of 724
 
Buy-Back information is public. It is NOT in the redacted Schedule A.
It was posted on SEDAR Oct 9th by no other than Allen-Vanguard Corporation.
www.sedar.com
Alternative Monthly Report 844 K PDF

Go to Page 1 section
2) Allen-Vanguard Corporation (the"Reporting Issuer")

Top of page 5 references Contego AV Investments, LLC (the"Sponsor"), an affiliate of Versa Capital Management, Inc.,

Look on the top of Page 7 for the mention of "Tail Period" in section:

(i)the Reporting Issuer completes a specified alternative transaction within 12 months (or 18 months, in certain circumstances) (the "Tail Period") following such termination or (ii) the Reporting Issuer enters into a legally binding agreement to complete a specified alternative transaction within the Tail Period...

Sorry, am not transcribing the whole document - you have internet access - read it for yourselves. I'll warn you that the first few pages are "fluff" about warrants held by banks, the "meat" starts around page 5.

This document appears to permit Allen-Vanguard to refinance/reorganize in 12-18 months and pay a pre-disclosed (small) fee to Contego AV Investments for their role.

If you send this to Siskinds, make sure that any additional suits are registered against ALL the signiatories on Page 8, as they are all complicit in this contrivance to cheat shareholders. We are being cheated not only of our investment, the capability of trading our shares publicly, and also future earnings potential - which was the reason for buying our shares. No more low-valued lawsuits, we have major financial institutions and a Crown Agency funding a corporate scam.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext