Howdy! As has been my suggestion in previous posts, and as you indicate here, the "holder of the shares" of the last resort would appear to be KKR ... as far as anyone could know now with any degree of verisimilitude. If as dalesio_98 suggets earlier, that LCY purchased the shares in midsummer 2018 (presumably with funds acquired from KKR), then it's logical to assume that KKR would -- even in the worst case -- know, if they sold them, where the share presently reside.
Given a move toward biodegradable products, and the value one would have as a substitute for petroleum, why would KKR give them up?
Bottom line is: a purchase of the shares during the CCAA process means purchasing ALL the shares, holding in abeyance payment to those who had shares in 2018. Guess who that is? ... Yup! Of course, as you know ... Us here, who still have shares listed in their portfolio.
Meanwhile ... just a note: Sorhay personally contacted representatives of the parties during that summer and later to validate his statements. Back in 2018 he was one of the shareholders who knew most about what was going on. We cannot ignore the Sorhay messages from the summer of 2018 onwards. And folks like I.E., biowin, etc., have magnificently added to the due diligence Sorhay provided.
Personally, I appreciate the time and effort all these folks have done, and made available to this forum. Continuing negativity is just obsessionally unreasonable.
