Vantage Drilling Company Common Shares (VTGDF)

[Alpha1974]

Nothing about Vantage Drilling is a typical BK, OGIL went into BK and Vantage Drilling went into Liquidation in CI, but sold equity assets to OGIL under a promissory note that is due DEC. 2016.

I did contact my brokerage and there was no information concerning Vantage, so I did all the research and figured out even if they are in Liquidation there Equity Assets are tied up in a Promissory note and unless that is liquidated they would never be completely liquidated. That along with the fact they paid off creditors with 12% to 17% of the notes they would have received from the new OGIL, clarified that they will not be completely liquidated.

Under CI liquidation a company can operate a business one year later. Which would be roughly DEC. 2016 and coincides with the due date of the promissory note.

So, with that I think we will just have to agree to disagree.