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Concerned Shareholders Of Growmax Thank Fellow Shareholders, Denounce Shameful Tactics And Let Facts Speak For Themselves
Concerned Shareholders Of Growmax Thank Fellow Shareholders, Denounce Shameful Tactics And...
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[{"type":"text","content":"\n\n\n\nConcerned Shareholders Of Growmax Thank Fellow Shareholders, Denounce Shameful Tactics And Let Facts Speak For Themselves\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\n\nCanada NewsWire\nVANCOUVER, Feb. 27, 2019\n\n\n\nVANCOUVER, Feb. 27, 2019 /CNW/ - Concerned shareholders, Kulwant Malhi and BullRun Capital Inc. (the \"Concerned Shareholders\") of GrowMax Resources Corp. (\"GrowMax\") (GRO:TSX.V) are encouraged by the support they continue to receive from shareholders and are disappointed at management and the current board's persistence to distort information to try to garner votes.  \nThe Concerned Shareholders believe the facts speak for themselves. \nThe Facts\nVotes Cast Support the Concerned Shareholders. The YELLOW proxies and appointments collected to date show that shareholders support the Concerned Shareholders over management. Management continue to seek to entrench themselves and continue to act unethically to garner support. Why else would management and the current board go to all these lengths to postpone the meeting if they had the votes?Court Ruling. Don't be mislead by management. We encourage shareholders to read the truth of the Court decision, which can be found here.Subsequent Ruling. The Honorable Madam Justice Ho ordered GrowMax to prepare a neutrally worded press release regarding her decision and provide it to counsel for the Concerned Shareholders for comment and agreement. An agreement could not be reached because management of GrowMax insisted on a one-sided version that distorted the result of the hearing. Ultimately, the Judge instructed GrowMax to issue the press release prepared by the Concerned Shareholders. That press release was issued by GrowMax on February 21, 2019. Now, the subsequent misleading press release from GrowMax undermines the Judge's decision.Independent Chair. The Court also ordered that an independent chair for the Meeting be installed. Among other responsibilities, we expect that the independent chair will set meeting protocol and rule on voting procedures. To date, neither management nor the ...