InvestorsHub Logo

Cousinrolf

07/19/12 3:05 PM

#2885 RE: jeslookin #2884

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.