Nope. The only sort of transactions that were “allowed” were the routine payment of the bills during the proceedings, not a multi-mega-million dollar sale of the debt ridden, dead, empty shell company. There’s no such thing as a secret transaction like the during the proceedings of bankruptcy/CCAA despite the need to believe there is or could be.
The Morin letter said stakeholders were suffering losses. There would not be losses if there was a second transaction outside CCAA (and that concept is laughable).
There can be no corporate action with no board of directors. All one has to do is look at the years old sec filings and see no board has been magically put in place . You can also see there are no sec filings showing anyone with more then a 5% stake . Only in fantasyland does 5% make a majority . We all know the CCAA closed with no fairytale deal. We also know the chapter 15 bankruptcy liquidation has closed resulting in worthless stock . Which is why after 2 years there has yet to be a scrap of paper regarding anything to do with a second fairytale deal . Even if there was some mysterious 50% shareholder it still needs to be reported to the sec. Please tell us who this majority shareholder is that is withholding a mega million dollar deal from the world. Guess insider trading means nothing in fantasyland. Bawhahaha
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