spiderman8 stated: "My guess may be a reverse stock split. I don't think they need a special meeting for joint ventures and takeover bids are treated differently as well.

Personally I don't think that a reverse stock split is in the works as I think that a reverse stock spilt at this point in time would be the kiss of death for Connacher IMHO. My question to all members of this board is would you continue to hold your current Connacher shares if there was a reverse stock split?

Let's hypothetically say that you have to surrender 6 currently owned Connacher shares for one new Connacher share worth say $8.50? Do you think that the new Connacher shares would retain this value for very long? What do you think?

Best Wishes; Scott