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The alternative is to brush up on Canadian Bankruptcy Law. Anybody have a recommended reading?
How to lead investors down an overly optimistic path.
By Robert Fung and Richard Marshall
Posters that have made purchases @.14-.20 wll double their investment @.28-.40.
Is it reasonable to expect strong resistance @.30 as the doublers sell off?
Is it reasonable to expect a drop to.13 If note noteholders chime in with bad news?
I'm just trying to think ahead here. It looks like it will be onward and upward to .30. Then I get real nervous.
Scott
Roughly about 5.2 million dollars. Loosing that would hurt. But for an outfit like greywolf, It might sting a little.
Maybe, But from my understanding the termination letter amounts to a material event, requiring:
A. Stockholders be notified of the letter (they did)
B. Stockholders be informed of managements response to the material event (unclear at best)
I resent this message in the hope that a PR will suddenly appear.
It may be Krys' interest to keep the air as clowdy as possible if only to keep their paychecks coming and to keep the lawsuits at bay.
Issue a Press Release to investors stating the company response to the termination letter and the way forward from here.
Issue a Press Release to investors stating the company response to the termination letter and the way forward from here.