>>BTW, the shares trading at the Toronto Exchange won't delist. Says enough
I think you mean unhalt - but no, that doesn't mean anything - go look at Artic Glacier - also Canadian company in CCAA - also a auction type liquidation scenario - a very successful one - still doesn't trade on TSX because that exchange does not allow it in CCAA - has done well with large institutional involvement post filing in US. jeez. (ticker here AGUNF for those who would like to do dd on a recent & successful CCAA case)
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