Crystallex International

Welcome to the Crystallex HUB on AGORACOM "Crystallex International Corporation is a Canadian-based gold producer with operations and exploration properties in Venezuela."

over 9 years ago

in response to jcwillis's message

"shareholders were in control of the management of the company and led it down the path of insolvency.....

I don't believe this to be completely or even partially the case with our (shareholders) position with those (mis)managing Crystallex. We were never in control, mostly kept uninformed and at no point in all of the lead-up years were we ever given an opportunity to vote!

The mistake was staying aboard the ship with naive hopes until the delisting.

After distribution of whatever may result from ISCID determinations, it now appears that "mismanagement" the "debt-in-place speculators" (tenors) will get all of whatever may be awarded. There may be some courses of legal action

If KRY management is awarded accordingly, there should be some lawsuits.