AI
Monday, April 15, 2019 10:10:56 AM
As always vital information has been omitted.
Ignoring the facts and Court documents won't make them go away
The total proceeds from the VISOLIS Transaction that closed in October 2018...that is meaningless and outdated, it's now April 2019...
I suggest reading the 11th Monitor's Report from March 11th, 2019:
Here's need a reminder, PWC mentions in the 9th report that they are seeking an acceptable acquirer for the contractual rights...
PWC even gave an update that discussions with 2 parties continue at the March 15th court hearing... They discussed this complex restructuring....
Why would the Purchaser want to file a Plan of Arrangement with the creditors... Well to take advantage of licensing and employment agreements along with the substantial tax loss carryforwards...
Ignoring the facts and Court documents won't make them go away
The total proceeds from the VISOLIS Transaction that closed in October 2018...that is meaningless and outdated, it's now April 2019...
I suggest reading the 11th Monitor's Report from March 11th, 2019:
Here's need a reminder, PWC mentions in the 9th report that they are seeking an acceptable acquirer for the contractual rights...
PWC even gave an update that discussions with 2 parties continue at the March 15th court hearing... They discussed this complex restructuring....
Why would the Purchaser want to file a Plan of Arrangement with the creditors... Well to take advantage of licensing and employment agreements along with the substantial tax loss carryforwards...
Discover What Traders Are Watching
Explore small cap ideas before they hit the headlines.
