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Re: zone post# 1239

Tuesday, 09/29/2009 2:09:00 PM

Tuesday, September 29, 2009 2:09:00 PM

Post# of 9501
I heard (or read) recently that the old WLSA business that was put into receivership by the Canadian government run Saxtel (sp) maybe in talks with WLSA management to provide possible damages to be paid to WLSA for the way the receivership was executed (almost illegal to way beyond ethical). If true that would be another positive event for WLSA in that the damages they would recover from Saxtel would go to launch their new interests. Has anyone out there heard anything to this rumor (or fact)? I have always thought the reason WLSA hasn't reported the 2008 financials is because they had to wait until the receivership was completed to record known assets. To this date, is still has not been submitted and I remember JS saying just a few days before the receivership that the 2008 was coming out in a few days and the CC to follow the next day like always.

D of G - you have been here a long time, what is your take?
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