Zenyatta Ventures Ltd

in response to varkga's message

Varkga,

There was one big difference between Zen and the company we once owned.The other little junior had diluted the heck of our shares before a big gold miner jumped in and staged a take over of the company.By then,that junior only had less than 6% of shares held by management and found itself in no position to fend off the suitor.With no support from institutional holders,it,s done.

In this case,Zen management owns more than 25% of shares.It will be virtually impossible for any other company to stage a hostile bid and expect 100% support from the rest of the shareholders.They won't even bother.

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siegfried
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Rank
Treasurer
Activity Points
3294
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Date Joined
06/13/2008
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Zenyatta Ventures Ltd
Symbol
ZEN
Exchange
TSX-V
Shares
62,884,284
Industry
Metals & Minerals
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