Request of Q/A session and investigation of Golden Leaf Holdings
There are abondant reports by the share holders on social media that IR does not answer the phones and scarcely any question asnwered by emails. This is while there was no Q/A session during the meetings for almost a year.
This is of critical importance noticing $GLH has lost 96% of its value in two years. The MDA reports eventhough warn do not detail enough about the way the immidiate chalanges will be addressed. Similarly emails in this regard remained unanswered. In addition, one of the previous directors, Peter Saladino, holding a significant number of shares was sued by the company and the employment of another insider, Philip Millar, was terminated without any proper explanation. There are long records of bad decisions by previous boards including the failed acquisitions. A coordinated negative campaign over the social media were in place over the years with indications that notorious influencers like equity.guru were involved in it. This is of more concern as GLH was once their client.
There is a widely discussed opinion among the shareholders that this stock is heavily manipulated and there are questions regarding the role of the debenture holders and some of the previous insiders.
While the management has to focus on the business operation side of the company the responsibility of protecting the share holders interest will demand not to neglect the stock market dynamics.
Hereby, the signees request the management to do not withhold the Q/A session anymore. In addition we ask the board to submit an official request of immediate investigation to IIROC and OSC.
This is not meant to criticize the current board. We acknowledge the successful operational achievements. This is our help to increase transparency and regain the public trust lost due to the back histories.