RE: EGM to remove Paul Baay14 Nov 2025 22:43
Been out and now back to seeing us close at 6p for god's sake. I'm re-using this subject line btw.
Few things:
- BlueSquare you need to do your homework and stop talking b@llocks. Baay is the biggest problem, but the company is a long way from administration.
- Glad people are now focused on the thing that can definitely save the company - PRICING. I've been a stuck record on this as well. But we have to wait to 2027, or it will be the reason why we are taken over in the teens. But I simply cannot talk about potential or anything of the like when we have Baay in charge. He has taken this company in 1 year from the 30's with a 'transformational asset' falling in his lap, and fixed pricing, to 6p and us debating whether it could go into administration. As I have said, I don't think this is possible. But even I never thought he was capable of what has transpired the past 12 months. Even if deliberately trying to destroy a company, I doubt many people could do it as well as Baay. So over the coming weeks I'd ask that we focus having him removed, and getting in another CEO to lead us into 2027 and the pricing changes. There is simply no way he can remain after what he has done.
- Monkey, I tell you what. I'll stop with posting here from now until Monday. You, in turn, need to let me into Discord, and anyone else who was banned for being negative on Baay. And, I need a fair hearing. The share price is 6p. We have no idea what's going on in the background, but based on what happened in the weeks prior to the 11p raise, it has a familiar stink. And for anyone who believes that he couldn't possibly raise at 6p, consider whether you thought that at 20.5p, or 11p. Consider whether you thought we were throwing off enough cash to finish Casc 4, 5, Central etc. before $30m was secured in the raise funds and the Debenture. I know many of you argued this, which turned out to be false. And consider that he's now in a fight for his survival, so will no doubt be considering how to keep major holders on-side, at your expense.
So this will be my last post until Monday. I'm assuming you will be supportive of a call for an EGM. Fwiw, the steps required are relatively straightforward for Canada, so I can come with some prepared paperwork and what needs to be filled in by shareholders. The key thing is the wording in the EGM demand is consistent, but with major PI shareholder support, we can definitely force the vote.
I'm completely gutted by what has happened here. I'm now down £200k on a 17p average, and cognisant that others have lost even more. Baay simply must be removed from his $800k per year role. See you all Monday.