Chapeau to you Kwan. You were right and Mytec was telling lies to its shareholders for management personal gain. What a dirty world! Can you imagine that some management did not own a single MYT share, had only options. During the "pumping" stage, they exercised the options and sold the stock immediately for profits between C$ 500,000 and 1,000,000, ending with no stock again, but with full pockets; maybe, meantime, they got new options to repeat the game. I think Tom Grecco has a big clean-up to do inside Mytec.
I am of the opinion that we should form a Shareholders Action Committee (SAC, or any other suitable name) who would interact directly with the CEO for the next 6 months, since almost nobody else at MYT seems worth our trust. Please correct me if I am wrong. After the 6 months, hopefully the clean-up would be complete and we could go back to normal channels of communications.
The SAC would have 2 representatives who would interact on a regular basis only with Tom and keep our Group fully informed. They should preferably live close to MYT headquarters, unless they do not mind traveling. We do not pretend to know all MYT confidential information, but we have the right to know the "truth" of what is going-on. No more lies!
Our Group counts several serious professional people who could be the
right conversation partners for Tom. Who would be willing to take the lead? I only regret to live several thousand miles away, and am unable
to be the front line people, something which I would really love. I am willing however to support and advise the SAC representatives from where I am, Florida.
It goes without saying that if we do nothing, we have no right to complain about the situation at MYT; in that case we deserve to be screwed!
I am listening to your comments. Thanks.
Antonio |
