Dirkyp

Algonquin Power: A Promising Renewable Energy Income Investment

How about the fact that management is the landlord to the company and charges it rent, the fact that management bought a plane using "prepaid expense" funds from the company and now rents it back to the company. Or that management owns a construction company on the side that does work for the company. Or that the trustees all loaned themselves company cash at 3% interest to buy units, with only recourse to the units. Or the fact that they acquired a business owned by management, and also payed a $240,000 extra fee to management for doing the deal, the fact that they have a "Management Agreement" an "Operations Supervisory Agreement" and an "Administrative Agreement".

They said they would internalize management in Q1 and now they said that won't happen - why would they want to?