Oilsands Quest Inc (fka OBQI)

[Kharybdis]

OBQI is a Canadian company liquidating in bankruptcy under the CCAA. They have sold all their assets at this point and should be making final creditor distributions in February and will apply to the court to make distributions to shareholders after that. The price has been going up lately after months of distribution so I guess people are starting to figure out that equity is in the money and that we are getting closer to getting our distributions. The prepetition claims vetting process is complete and the post filing claims bar date lapsed on January 11th. We should see the next Monitors report in a few weeks.