Call management, write the judge. Can't hurt to try.
Took a while, but glad to see shareholders woke up. I hounded the CSA to hound the "monitor" to be timely, but the majority here did not seem to care. Regardless, shareholders getting involved now is better late then never. Maybe those interested can join the group that is supposed to get shareholders together and become represented, which seems to be stalled (started 50 days ago?) as there is no motion showing on E&Y. What is up with that? Oh, forgot, being kept secret for some reason. Now, without an AGM (interestingly, court approved) shareholders have no voice.
Tenor-Crystallex is very good at what they do. That is - Making money for themselves. And, they have covered themselves very well. The big clue in front of everyone was management's long-time ongoing PR silence, while handing out tidbits to "insiders" over the phone. This made shareholders bicker with themselves, and kept fingers from being pointed at management. PR silence for a prolonged period historically ends very badly for shareholders.
Trump card - done voluntarily by Crystallex, no less - is SEC revocation. History shows that when a company goes through what we have witnessed, shareholders get shafted. Plus, despite the rose colored rumors, revoked shares are not considered restricted (aka unregistered) securities. This keeps the door open for the judge to order a reorg/rearrangement to completely oust commons. So, Tenor-Crystallex has this trump card if needed.
Despite this doom and gloom, courtesy of Tenor-Crystallex, there may still be time to change things. Again, can't hurt to try. Wish the best for everyone.
