ZenaTech Issues Open Letter to Shareholders of Boardwalktech Software Corp. Regarding Failure to Hold 2026 AGM and Continuing Corporate Governance Deficiencies
ZenaTech issued an open letter to Boardwalktech shareholders alleging the incumbent board is evading its statutory duty to hold a 2026 AGM and scheduling a January 22, 2027 special meeting to force higher voting thresholds. ZenaTech, holding 19.72% of Boardwalktech (25,779,437 shares), has formally asked the BCSC and TSX Venture Exchange to compel an AGM by December 31, 2026 and says it will petition the Supreme Court of British Columbia if regulators decline to act.
Key figures
- Exec salaries
- >$200,000 per year (CEO, CFO, CTO)
- Warrants shares
- ~15,000,000 (10.29% partially diluted)
- Boardwalk stake pct
- 19.72%
- Special meeting date
- January 22, 2027
- Boardwalk shares owned
- 25779437
- Covenant test failures
- 5
- Celtic bank debt current
- US$2,505,753
- Financings last 18 months
- seven financings across five private placements
AI analysis
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