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Message: Re: Just Wondering
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Jul 14, 2011 01:19PM

This is the response I got from Joanna Longo on this very question:

"My apologies for the delay. We are not required by the venture to disclose the information you are looking for and have not. We anticipate the circular going out in the next 10 days and I would suggest you await that circular before making your decision."

Therefore, I completely agree paliman - while the TSX requires disclosure, the tsx-v does not. As such, CMM would ONLY DISCLOSE if HIGHLY FAVOURABLE to their agenda. The inference is then obvious - it is not.

Major talked about the options vote at the meeting I believe...so what. The real numbers I want to see are the votes for directors. However, also consider the following:

Perhaps the fairforall group did not vote - as per the following interesting comments on stockhouse:

December3: "Then again, she was apparently canned on 28 July 2010 and retained for one year as a company consultant, so perhaps her agreements with the company prohibit her from being directly active in the opposition. I wouldn't ask anyone to give up a cool $1MM in a parting gift so if her hands are tied until August 1, then her silence is understandable. However, unless she shows cause for silence after 1 August, Peggy should imho fully fund the opposition and set it into over drive."

SigmaLamaque: "Okay, so this is the best explanation for Peggy's apparent silence AND WHY WTG is in such a hurry to get the deal done. It has never made sense to me why she would be doing nothing as millions of dollars of her money evaporated before her eyes. A lot can be said about Peggy but no can say that she's afraid of anyone, and WTG knows it. Perhaps the deal needed to be done before Peggy was rid of her contract? Maybe WTG and the rogue CMM board are crapping their pants in anticipation of the onslaught that is about to take place as her contract expires?

One can only hope that she owns up to the BIG mistake she made and is ready to earn the respect of the shareholders she let down by standing tall and leading the counter assault......."
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Jul 14, 2011 01:56PM
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