Hi Fancamp shareholders-
I just wanted to go on record to say that after carefully analyzing the details of the proposed arrangement, I am not in favour of this plan.
Many of you know that I think Peter was a terrible CEO and squandered lots of value of this company, but the focus now needs to be on forcing a vote on this transaction.
I think it is horrendous that these newcomers and interim CEO have the gull to take Fancamp in a very different direction and quite risky without putting it to a vote as there are many long term shareholders who deserve to have their voice heard.
The transaction is extremely self-serving which is so painfully obvious. If Scozinc had such a stellar asset, they would not need Fancamp at all and would go it alone.
For the amount of dilution and ROI, this makes no sense and I'm afraid I have come to see what others have been saying about the truth of this corportate raid led by Ashwa. You only need to look at GT Gold to see the kind of ethics and self-serving financial motivations he conducts himself. Again, Peter brought him into Fancamp which is part of the problem. Now we need to get him out and the rest of the board.
An entire new slate should be proposed at the AGM for obvious reasons.
And the upcoming investor presentation doesn't it sound like it will host any calls for questions, only previously submitted ones.
I agree with others who are imploring that our voices be heard through regulatory bodies and calls to the interim CEO about this bs of a transactin loaded with conflict of interest.
GLA,
Eudai