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COPL can give notice of cash payment at any time they want, but that gives the Bondholders 45 days to convert Rolfe bonds first, so if the Bondholders want there to be a billion shares there is nothing COPL can do to stop them.
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I’ll give you they have a clear anti-Art bias. At least the bias is clear and known.
They have also called it right at least some of the time, unlike many here.
I believe they were saying Arthur would push the share count back over a billion after consolidation. And here we are, it’s only a matter of time before we cross into 10 digit share count territory.
Tired of this incompetent BoD and executive team? Contact your broker today to ensure you can vote your shares!
Think that Arthur and Co are on the ball and going to deliver? Contact your broker today to vote your shares for the upcoming AGM!
Ryan is not on the board and therefor would not be dealt with at a special or general meeting, on the board members are up for voting at a special or general meeting. Maybe time for an entirely new BoD? I think it would be welcomed by the market.