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Vote the GOLD Form of Proxy to Free Aberdeen and to Unlock Shareholder Value Before Thursday 5:00 pm EST Deadline
Aberdeen used YOUR money to buy 9,100,000 shares for insiders last year as "incentive c...
About this update from Aberdeen International Inc.
[{"type":"text","content":"\n\n\nAberdeen used YOUR money to buy 9,100,000 shares for insiders last year as \"incentive compensation\" \nAberdeen tried to corrupt this election by placing shares to insiders and related parties until the Concerned Shareholders took them to court and segregated those shares \nAberdeen announced a \"fire sale\" of nearly all of its assets for $29 million in September and is still trying to close this value-destroying sale today \nVOTE GOLD to Install a Board of Directors that will End Insider Entrenchment and Self-Dealing and that will Focus on Maximizing Value for all Aberdeen Shareholders\n\n\nTORONTO, Jan. 28, 2015 /CNW/ - Today, funds controlled by Meson Capital Partners LLC (\"Meson Capital\") and Nightscape Capital (UK) LLP (\"Nightscape Capital\", collectively, the \"Concerned Shareholders\") holding shares representing approximately 9% of the issued and outstanding shares of Aberdeen International Inc. (TSX:AAB) (\"Aberdeen\" or the \"Company\") remind shareholders of the upcoming deadline to vote their GOLD proxy: 5:00 pm (EST) Thursday January 29.  \n\nIncoming votes show public shareholders overwhelmingly approve change at Aberdeen and an end to insider self-dealing. However, EVERY vote is important given the lengths that insiders have gone to entrench themselves using YOUR money ahead of this important election.\n\nFACT: Despite Aberdeen's claims that management received no \"bonus\" last year management must have hoped you didn't read their most recent financial statement, page 14: During fiscal 2014, the Company purchased 9,100,000 common shares in the open market with YOUR money as shareholders and granted them to insiders as incentive compensation. Aberdeen spent $3 million of YOUR money buying these shares but received ZERO cash for the shares from insiders.  Management is now voting these shares to entrench themselves unless YOU vote your GOLD proxy for change.\n\nFACT: In November 2014, after a long term shareholder, Nightscape sought shareholder friendly change, Aberdeen insiders placed 10,000,000 shares plus an additional 10,000,000 warrants into their own hands and the hands of related parties to entrench themselves at a massive discount to NAV.  Aberdeen completed this placement and refused to negotiate even though better terms were offered from an independent pa...