A smart CEO would have the news on Sardine Hill done as soon as possible and well before the AGM. A smart company would also have in place a vehicle ready to move the stock price forward to reflect the exercise price that MGD is using to exercise their agreements. The smarter company who is buying into this project (MGD) would have insisted that the aforementioned statements are in place. After all it makes sense for MGD to be selling stock they bought at low prices to help offset the cost of the buy in.

The board of SMH will change as it is rumoured that one of the Board Members has to leave to pay attention to other ventures he is involved in. Changes are not significant but SMH needs to address their office in Langley with Glen O'Gorman being sick. They need a heads up manager who is skilled in news release structure, the regulatory process, investor relations, and financings. Someone who is organized and can put all agreements in a workable order and can take Bending and keep him focused on one or two deals at a time.

If SMH does this, they will have happy campers at their AGM rather than a group of disgruntled shareholders. SMH will also be able to focus their explanation of the split more adequately.