Yet Whitemud went into receivership last year? in Dec.. Kind of interesting.. (Don't forget Terry Owens is a securities law expert.. )
I think Owens/Hammerstone is buying the debt in order to buy Whitemud assets......... I guess if it works once, it can work again.
Whitemud Resources Inc.
Pursuant to the Order of the Court of Queen’s Bench of Alberta granted on December 15, 2010, Deloitte & Touche Inc. was appointed as Receiver and Manager of Whitemud Resources Inc. Information regarding the receivership and copies of court documents will be posted on this web site from time to time.
Any questions regarding this receivership are to be directed to Vanessa Grant at (403)-298-5955.