When Frank Giustra bailed out on HIVE Blockchain (HIVE.v), took the cash and ran, he left Frank Holmes holding a massive bag and to this day FH is bitter and twisted about the way Shorty screwed him over (he’s bored people at dinner tables about it ever since). However, one thing you can’t fault Frank Holmes on is his quick learning ability. He’s taken Giustra’s playbook and just done exactly the same trick on the people now left behind at GoldSpot (SPOT.v):
Toronto, Ontario–(Newsfile Corp. – May 29, 2020) – GoldSpot Discoveries Corp. (TSXV: SPOT) (the “Company” or “GoldSpot”) is pleased to announce that, Vincent Dubé-Bourgeois has been named as the Company’s new Chief Executive Officer (“CEO”),
effective immediately, while Denis Laviolette will continue in the role
of President and will assume the role of Executive Chairman. Frank
Holmes, the current Chair of the Board, has retired from that position.
The liquidation will be nasty. Fair warnings abound today, it would seem. Full NR here.