'Independent' Special Committee...more Issue of Fact.
ISSUES OF FACT
October 22 1996 Press Release:
gravis.com
ADVANCED GRAVIS BOARD RESTRUCTURING
"...The following Board members resigned their positions effective immediately; John Campbell, Bob Smiley (McCarthy Tetrault who replaced Barry Fraser), and Grant Furlane...with these changes the entire Board consists of David Campbell (Sr VP, ACCO), Bruce Neapole Senior VP, ACCO), Peter Dupont (COO, Kensington, sub (ACCO)), Michael Cooper, Grant Russell, and Richard Groome..."
Oct 31 1996 Press Release:
gravis.com
ADVANCED GRAVIS BOARD FORMS SPECIAL COMMITTEE TO CONSIDER PYRAMID PROPOSAL
"...The special committee will be comprised of board members independent of Pyramid and its parent, ACCO..."
Pursuant to full legal disclosure, TSE regulatory statutes, BCSC securities laws and the Law Society of British Columbia governing barristers and solicitors or McCarthy Tetrualt and Davis and Company in this specific matter, the 'independent' special committee would logically deduce to: Mike Cooper, Grant Russell and Richard Groome.
However, surreptitiously and in blatant disregard and in violation of specific securities regulations "...on November 7, 1996 Grant Furlane, who was a member of the Board of Directors prior to the completion of the Tender Offer and is independent of management of the Company and of Pyramid and its affiliates, was re-appointed as a director and appointed as a member of the Special Committee. The Special Committee (Groome, Furlane, Russell) appointed Mr. Groome as its Chairman...
SOURCE: Notice of Extraordinary Meeting
Grant Furlane and Richard Groome were either directly or indirectly however was sole and proximate cause for said Board elections were nominated by McCarthy Tetrault to the Board on July 29 1996 which is why both Barry Fraser and Robert Smiley, aagain, BOTH resigned from Gravis' Board distancing themselves from this alleged criminal conspiracy to defraud the minority shareholders.
Mike Cooper, the President and CEO of (NASDAQ:GRVSF) (TSE:AED) was not a member of the 'Special' independent committee.
The special committee was, in fact, American Brands nominated and elected and controlled.
Why did Robert Smiley of McCarthy Tetrault resign?
Why did Barry Fraser of McCarthy Tetrault resign?
Why was Mike Cooper not part of the special committee but was on October 31 1996 pursuant to his own press release (above)? American Brands' undue influence.
Why did Gravis, American Brands, Davis and CO, and McCarthy Tetrault determine the above was in the best interests of the minority shareholders and surreptitiosuly put a hand-picked American Brands Board nominee back on the Board on November 7 and also make him a member of the Special Committee over the President and CEO formerly with (NASDAQ:KTCC) who was hand picked as Gravis' turnaround artist
and who at the 1995 AGM specifically stated Gravis was undervalued at US$1/share?
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