turtlefoam's Profile
turtlefoam's Posts
Original deed owner, Dorothy Lemon is swindled out of it by Placer Dome.
Placer Dome unable to develop it because tied up legally initiates a phony hand off to Vanessa Ventures.
Vanessa Ventures loses out to Crystallex
Anti-Crystallex advocate Roy Carson dies.
Hugo Chavez kills Crystallex forcing it into CCAA
Hugo Chavez dies
Crystallex hub of Agoracom dies as an aggressive "Chicken Little" contingent initiates a coup forcing out it's most knowledgable member.
Last one, turn out the lights!
Waiting lowers our weighting.
'Tenor' sings, "As Time Goes By" and we get the kiss off due to dilution. (sigh)
Time is our only enemy. The rest is just noise.
Money was used from the DIP Credit Facility to fund and pay the 2011 Audit completed in 2012.
The Company had budgeted and begun the 2012 audit with PwC. However in March 2013, when Crystallex asked for a $10 million draw down, the DIP Lender reduced the draw down to $3 million and that would only be sufficient to fund and advance the ICSID case in the current period of CCAA Stay.
The Company expects to seek the capital required to complete the 2012 in the future.
R
.......or is it a dead Hugo bounce? Whoops, I guess I'm being insensitive also.
"alternative treatment" is a euphemism for there is no hope for recovery
Sure hope Crystallex never has to undergo alternative treatment. Then again........