MEC announces new Canadian ownership -Press Release
MEC announces new Canadian ownership -Press Release
At a time when consumer focus on Canadian brands is at an all-time high, Mountain Equipment Company (MEC) announces that it has agreed to be acquired by a Canadian-led ownership group.
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MEC is no longer a co-op? Can I get my five dollars back?
Hasn't been for a few years I believe.
More than a few
The Board / Leadership voted in by the Coop members apathetic voting turn outs bankrupted the coop, then under creditor protection the assets where sold off.
This all happened in 2020, 5 years ago. The fact you didn't notice till now sort of proves the lack of coop member engagement for really important votes before the end.
So it was my, and my ilks fault. Got it. I still fell they shafted me out of that 5 bucks though.
I was member as well so I AM your ilk, the coop had MILLIONS of members. IIRC from the last few disclosures less than 1% ever voted on anything.
I bet if you banded together even 10k worth of people to vote a certain way you could have swayed ANY of the open annual elections.
However what happened most of the time is about 5 whiny assholes showed up to AGM meetings and bitched and complained when they should have been rounding up support OUTSIDE the meetings to get people in to vote.