Welcome to the Crystallex HUB on AGORACOM

Crystallex International Corporation is a Canadian-based gold company with a successful record of developing and operating gold mines in Venezuela and elsewhere in South America

Free
Message: Re: Totally unacceptable banning ... ..
I will comment only on one part which is why the SEC regulations is not good information for kry shareholders. It is in fact good information on the ability to trade shares in the USA; but is misleading and has caused concerns for shareholders who have expressed opinions that the shares no longer exist. In fact the SEC can only stop trades from taking place in the USA since it can only revoke registration for trading in the USA. The SEC has no effect on the existence of a Canadian corporation or the existence of shares in that corporation. In effect the shares exist and are subject to Canadian law in Canada. The Canadian courts are currently by the mechanism of a Canadian judge having control of the corporation's activities working for the interests of all stakeholders during the time of the ICSID process. What will come of the ICSID case is beyond the powers of anyone but the three persons appointed to decide the ICSID case. If the case results in an award then the judge will make sure all stakeholders will be treated fairly. Shareholders will be treated fairly under law as RM has expressed what I believe will be the distribution of the proceeds of the case subject to whatever changes are necessary to keep the company from being unable to hold out for the ICSID case to be completed through whatever delay tactics are used by the other party
8
Dec 12, 2013 03:47AM
Share
New Message
Please login to post a reply