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Re: jeslookin post# 2884

Thursday, 07/19/2012 3:05:22 PM

Thursday, July 19, 2012 3:05:22 PM

Post# of 2917
OBQI is in the Canadian form of receivership. E & Y has control of the day to day operations. They are presently locating all the creditors and the ammount they are owed. That should be done by mid August. E and Y also have authority to close on the sale of the oil sands assets to pay off the creditors. E & Y has said the remaining monies after creditors (including them) will be nonimal.

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