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JC, guilty as charged on the Reyes thing. I actually praised him on this board. If he read that post he probably got a good belly laugh out of it.
Good question dropball.. That question has been answered on the Gowlings/Crystallex site where Gowlings lists 3 things that are important for shareholders to understand. The question is answered in #1.
In the communications from Gowlings, shareholders have been informed that they will not be represented by Gowlings. Legally that is true, but from a practical standpoint Gowlings will be doing the bidding for shareholders who opt in. In the end, those shareholders who opt in will receive the same amount per share as the Shareholder Committee members will receive for their shares. The Shareholders Committee will be making decisions on our behalf. They will keep us informed of developments as things progress. But keep in mind that these Committee members have signed confidentiality agreements and so there will be certain things within their knowledge that they won't be able to share with us. However, as I have mentioned before, they have the best interests of shareholders in mind, since they are afterall, shareholders. Again, we will receive the same per share as the Shareholders Committee receive.
Who are the legal brains on the committee?---not at liberty to say but I think there are short bio's on the committee members in the motion materials. I would check there.
JC, let me try and calm any fears you have when you stated that it "almost feels like the shareholder committee is doing the bidding for Fung and the Boys". Nothing could be further from the truth. I know several members of the committee. These men have disdain for Fung and the boys. These are passionate men who are driven by the mission to maximize shareholder value. They are talented and hardworking. One of them has immense legal expertise. Shareholders will be in very good hands with this committee. So stop worrying.