Hope somebody on this board has some knowledge of securities law. I certainly don't know a lot about OSC regualtions and laws governing corporate issues in ontario or other provinces. I'm learning a lot, largely thanks to Cliff's.
It seems to me that corporate officers have feduciary duties, including that of acting in the best interests of shareholders.
Having been part of the FWR drama, and watching the unfolding story with SPQ and KWG, it causes me to wonder whether the directors of these 3 companies have fulfilled their duties.
If we cannot trust company directors to be faithful to their shareholders (recognizing they have duties to others as well...employees for example) it casts a shadow over the whole securities industry. I wonder what the OSC is doing.
I am still hoping that at the end of this drama, we will discover that our interests are being looked after in a reasonable, ethical, and moral way.
Regards to all
Oscar's Dad