Wednesday, January 21, 2015

Aberdeen International Corporation - AAB.t

Aberdeen International Corporation - AAB.t is a resource investment corporation and merchant bank focused on private, micro- and small-cap resource companies.

Many consider it Mr. Stan Bharti's flagship.

On January 20, 2015 the media released News

"Mr. Ryan Morris of Meson reports


Funds controlled by Meson Capital Partners LLC and Nightscape Capital (UK) LLP that hold shares representing approximately 9 per cent of the issued and outstanding shares of Aberdeen International Inc. are urging fellow shareholders to vote for change at Aberdeen with the gold form of proxy before time runs out. Meson and Nightscape have released a letter highlighting the concerned shareholder's specific action plan for change that will end insider self-dealing and put cash back in the hands of investors while debunking the numerous misleading statements made by Aberdeen insiders.

Highlights of the letter include:

Fact: Leading independent proxy advisory research firm ISS recommends investors vote the gold proxy card and do not vote management's blue card.
Fact: Concerned shareholders are not engaged in vote buying, as has been falsely accused by Aberdeen management, meanwhile Aberdeen management has failed to confirm that it will not be engaging in vote buying itself.
Fact: Ryan Morris and Meson Capital have had plus-250-per-cent better investment returns than Aberdeen International and have extensive experience creating shareholder value with active involvement -- HearUSA: plus 206 per cent; InfuSystem: plus 192 per cent and Sevcon: plus 52 per cent.
Fact: The concerned shareholders are not proposing a fire sale of assets, but instead have a detailed plan to maximize value for all shareholders.
Fact: The concerned shareholder nominees can and will convene a board meeting if elected.
Fact: With the looming threat of an election, in November, Aberdeen completed a private placement 100 per cent to insiders and related parties while attempting to obfuscate this fact using a numbered corporation, to try to dilute your vote.

The concerned shareholders further detail their specific plan that will:

1. Dramatically lower insider compensation by over 80 per cent;
2. Cease related party self-dealing;
3. Immediately return 15 cents cash directly to shareholders.

The full letter can be found at the Free website. Every vote is important, vote gold for change before it is too late.

For assistance and ease with voting your gold proxy, please contact D.F. King Canada (toll-free) at 1-800-926-7043 or visit the Free website, where the gold proxy can be easily voted by clicking on the Vote Now button.