October 1st, 2016 Informational Meeting News

Copy of easymillion’s analysis of meeting:

Got home late last night so this is my first post since the meeting. Much was presented there, and has largely already been presented and recounted by those posting in the meeting thread set up by cabezon (now closed). Great summaries and comments by all, including yours Brad. Big Thank You!
Not sure what your point was in mentioning this (highlight above), but I’m glad I did have my moniker below my name. Wish more shareholders who post and attended had done so, as I only got to meet a handful of you face to face. Also, sorry I only knew you as “Brad” at the time, since you didn’t have a moniker attached under your name. I understand you had a plane to catch and weren’t there to socialize. I actually thought I was talking to an iHuber at the time (lol), but after reviewing all the absolutely incredulous misinformation and comments posted over on iHub I doubt any of them actually attended the meeting. Brad, I enjoyed our discussions, even if a little contrarian. You showed a very healthy skepticism, although I thought you were a little overly aggressive in the some of your opinions. Understandably, since you said you had brought about 15 people to invest in this company, which also explains why you are “madmen” (plural), rather than madman. :relaxed:

Vittal publicly stated he had brought in about 50 family and friends, which compelled him to divest of his holdings the same day while in the Miami meeting (along with Greg) when they first heard and saw of the fraud Les was confronted with for the first time. Les did not suspect that he had been caught until after the meeting started. Les was indeed caught flat footed that day in Miami. The meeting was arranged to discuss company debt, and at least Les did give up his claim to $3.1M on the spot and confronted with the proof he had forged documents. It is apparent the past BOD were not actively involved in protecting shareholder value as required by management positions, especially in trusting Les to an unwarranted degree to handle the paperwork. This is most recently apparent in the scrivener’s error in the Okanandian contract. I don’t think there is a single investor present in this investment that hasn’t been completely disgusted, and with good reason, over what all shareholders have experienced over the years in lost value.

There will be no quick resolution to restoring the degradation of our investment over the years, but my take away from the meeting is there are a lot of good people putting time and money into make things better NOW. Letting the legal team apply as much leverage to the claw-backs and stock cancellations as facts come out of their investigation will result in quickest and cleanest results, IMO. Painting with a broad-brush in a vindictive manner without all the facts, as many have done, is unproductive. The least amount of time spent in the courtroom by our attorneys the better for all investing here. I expect the DOJ and/or RCMP will go after those that deserve jail time for their misdeeds as the facts will be handed over to those refusing to cooperate and pay back what was stolen. Time is linear and one can only move forward. That is what the BOD is doing. I had a good a good time, actually great time, socializing and having dinner with a few … would have like to have mixed with other investors had time allowed. I was pleased to discuss various issues and socialize with Karen, John, Wayne, Nora, Teresa, Darlene, Dan, Annie, Mark, Jim, Bob, Elaine, Maurizio, Raul, Gary, Vittal, Dennis and others I had the pleasure of meeting. Thank You, Thank You, Thank You. All in all, it was a great meeting and more than I expected.