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Gold/Mining/Energy : CCB Free Speech Board
CCB 106.35+1.8%Nov 7 9:30 AM EST

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To: Glazeddonut who wrote (89)9/12/2015 1:26:31 AM
From: RuddyMongoose  Read Replies (2) of 537
 
Obviously UBR didn't follow the terms of the original agreement. There are only two possibilities:

1) UBR violated the terms of the original agreement.
2) The agreement was revised and CCB gave UBR written permission to sell all the CCB shares ahead of the original schedule.

Several questions remain including these
:
1) Did Duncan know that UBR contravened the terms of the agreement?
2) If he knew, when did he know
3) What action did he take upon learning of the violation of the agreement?

4) If CCB gave UBR a written waiver to sell the shares early, were CCB shareholders advised that the terms of the agreement were changed and UBR was allowed to sell all 5M CCB shares before December 2015?
5) If shareholders were advised, how and when were they advised.
6) Was a News Release issued and if not then why not?
7) If CCB shareholders were not informed by NR as soon as the CEO learned that UBR was selling CCB shares why wasn't that done because that information is material to CCB investors.

Something about this agreement and the CCB share sales stinks and CEO Duncan needs to address the issue publicly ASAP because the optics look real bad.
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