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.
Gold/Mining/Energy : MIRANDOR-MIQ ON MONTREAL

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Gary S. who wrote (2264)11/13/1998 3:02:00 PM
From: Sailfish   of 2635
 
Greetings to all...

So now it's "confirmed??"...We now own 41% of Dark Star...Jimmy appears to be playing catch-up with the 1997 Annual Report...

We now have Jimmy issuing a PR stating they have "entered into an agreement" which will increase MIQ's ownership of Darkstar to 41%...

Well, that perhaps appears to explain the increase from 21%?? to 41%... ( Astute individuals will already be aware that they previously indicated in their 1997 Annual Report that we already owned 41% of Dark Star sometime on or before December 31, 1997)...So this is "OLD NEWS"....Notice that, conveniently, no dates are associated with the timeframe of this "agreement"..

We also note that some properties are being "transferred"... We have to ask ..WHEN....???? For WHAT considerations...??? To WHOM...??? ...and "WHY"???...Sloppy...!!!

Now, I know that this may not be an important issue to some of you, but in the MIQ 1997 Annual Report we were informed by two directors of the company (by their signatures on page 10 of that report) (Refer to Note 3) that "the Corporation has a 100% interest in Railroad, ..............., a 50% interest in POD and a 80% interest in Dark Star"...

Now, go to the Auditors' Statement on Page 9 of that same report(Dated April 10, 1998)... Seems to me, from the claims made in their statement, that the auditors' audit finds we own 80% of Dark Star...

But, Jimmy says we now only own 41%...

Looks like we can perhaps now expect another "after the fact??" Press Release regarding our "defacto" ownership percentage of Dark Star (or Darkstar)...

Exit AGORA.....Enter ...???

And the beat goes on...

Regards....Ray

Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext