I read their note as a forced buy back (for non accredited investors).
Can anyone confirm that?
"As a result of the difficulty in completing the registration process, the Company has determined to offer (the "Offer") a right of rescission to all of the Class "B" Non-Voting shareholders, without regard to whether or not registration details were previously provided."
"The Offer will remain open for 35 days, until 9/25/2014, 2014 at 4:00PM MST (the "Expiry Time"). Should you choose to not exercise your right of rescission you will remain а Class "B" Non-Voting shareholder of the Company."
It's all there in the mail. The question remains. Is
Non-Voting Shares, the equivalent of CAD$40 or 0.070052 BTC per unit as then listed on Havelock
an acceptable buyback price? and how many of you think this is a good deal?