RE: Asset Match/Gulfsands Update20 Apr 2021 10:00
Available through www.gulfsands.
March 18 2021. "Michael Kroupeev, a non-executive Director and the Chairman of the company (I assume GPX), through his family trust, wholly owns Waterford. Michael Kroupeev is not considered to be an independent director of Gulfsands by virtue of his interests in Waterford. Mr. Kroupeev will not play a role in the Company’s evaluation of the terms of the Mandatory Offer."
So Kroupeev buys GPX for a song and shareholders get peanuts. Nice work if you can get it...