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Gold/Mining/Energy : Copper Fox -- Ignore unavailable to you. Want to Upgrade?


To: louel who wrote (8812)12/20/2014 7:31:44 PM
From: louel4 Recommendations

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  Read Replies (2) | Respond to of 10654
 
Further to my last post;
Ernesto committed the $5M in three tranches. The Final amount coincidently timed to be released at the same time Elmer was to assume the position of CEO while still maintaining the seat as Chairman. Also at that time July, 16, 2009 Ernesto was appointed as a Director of the Board with him.
Ernesto owned at that time 39% of Copper Fox. But already had in hand, control of the company simply by exercising his warrants at the end of the hold period.
Being the Control person and the future funder. He was able to make such changes.

And don't think for a minute he is not fully aware of what happens within Copper Fox currently.