Yeah, well, it isn’t uncommon for a US Trustee to close out a bankruptcy winding up (dissolving) the corporation and cancelling remaining debt and equity, nor is it uncommon to leave the debt attached to a dead public corporation. With a Canadian trustee/monitor dealing with a US based public corporation with debt attached to both the Canadian subsidiary and the US parent corporation, not surprising (I guess) they just left it dead. PWC, though, had a plan to end the fairy tale, told everybody in the 10th report, and completed it with a simple notification of FINRA.
That letter is very damning to the con artistry that was going on here. An answer to the shareholders’ lawyer about a year before the ticker was deleted, meaning the “fabrication team” knew the truth very well and still pushed the buyout crap. That makes it even more stunning they’d hang around here and pretend to believe 6 years later. Of all the things a person could pretend to be, dead wrong isn’t the one I’d pick.
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