Hello “rago,”
Absolutely, we should explicitly state what all the holding periods and restrictions are. We have nothing to hide. We should stand confident and proud of the stock we own. It is what it is. We have no need to make it more than that.
However, whatever the liquidity negatives may be, that doesn’t detract from the percentage ownership that the shares represent. That percentage ownership is reflected in the number of shares we own. There’s no requirement that I’ve ever heard of prohibiting us from disclosing what we have. As a matter of fact, it’s the contrary. How dare we hide it! You could say, we’re misleading investors by leaving it off our Home Page. You could say the stupidity is so deep, it’s the equivalent of deliberately withholding information so as to discourage interest to the highest degree.
The stock we own is a tremendously valuable asset, especially in proportion to our current market capitalization. The government requires every detail of our stock ownership be disclosed in our Financial Statements filed with SeDaR. For IR to continue to insist on preventing that critical investment information from being readily and easily assessable, even after having received FANTOMAS’s well presented letter, is as irresponsible and as unprofessional as anything I can imagine.