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Bullboard - Stock Discussion Forum 2242749 Ont Ltd. AIIFF

"2242749 Ontario Ltd is a infrastructure and construction company, combining engineered solutions, relevant advice, dedicated people, products and a national presence with a local focus on exceptional customer service."

Bullboard (GREY:AIIFF)

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Post by leo101on May 12, 2015 6:18pm

new armtec

just what is new armtec goint to be?  a publicly traded company or division of brookfield?
Post by duckdog68on May 09, 2015 11:41am

Summary of the Brookfield Transaction

From Monitor's report May 7: The Brookfield Transaction   15. Armtec has executed an asset purchase agreement with Armtec Operating LPL (an affiliate of Brookfield, the " ...more  
Comment by MarlboroManon May 08, 2015 4:48pm

RE:RE:RE:RE:RE:The last hope of junior stakeholders....

KEYhe $3.8 million "bonus" to key employees (senior management). Can someone please tell me which "key senior managers" are worth keeping and worse yet paying them extra to stay?  ...more  
Comment by duckdog68on May 05, 2015 7:30pm

RE:RE:RE:The Sale of Substantially All Assets ...

Not really anything unanswered. The Purchase Agreement is public record on Ernst and Young's page as CCAA Monitor. specifically see Tac C of: https://documentcentre.eycan.com/eycm_library/Armtec ...more  
Comment by RustyNailon May 05, 2015 5:43pm

RE:The Sale of Substantially All Assets ...

Since Armtec is under CCAA and Brookfield get the assets, I assume the receivables go to Brookfield. Anyone?
Post by HRc60to65on May 05, 2015 4:24pm

The Sale of Substantially All Assets ...

What is not included in that sale ? The 155 M $ account recevables ?
Comment by 2Greyingon May 05, 2015 2:58pm

RE:RE:The Sale of Substantially All Assets ...

yes...also accounts payable. Still lots of questions to be answered...does this break all the union agreements, what assets are excluded, why hasn't the board resigned, acceptance of liabilities ...more  
Post by llennnon May 04, 2015 9:30pm

Hope!

Let me tell you something my friend. Hope is a dangerous thing. Hope can drive a man insane. It's got no place here. Better get used to the idea.
Comment by duckdog68on May 03, 2015 11:27pm

RE:RE:RE:RE:The last hope of junior stakeholders....

It's been quite a soap opera to watch.  I'm betting there still may be some surprises is store before it's over.  After something like 14 offers, all considered not " ...more  
Comment by llennnon May 03, 2015 10:15pm

RE:RE:RE:The last hope of junior stakeholders....

I was so lucky not to get sucked into this one, thank you lord
Comment by duckdog68on Apr 29, 2015 5:14pm

RE:RE:The last hope of junior stakeholders....

Probably not without having inside information. The Motion Record document includes an address to their attorney: DAVIES WARD PHILLIPS & VINEBERG LLP 155 Wellington Street West, 40th Floor  ...more  
Comment by roniejameson Apr 29, 2015 4:54pm

RE:RE:I guess anyone still holding shares can now...

wow alkor you really are related to Kherson, only buying stuff that goes to zero.
Comment by 2Greyingon Apr 29, 2015 3:32pm

RE:The last hope of junior stakeholders....

Board members would be in a conflict...would have to have resigned. Any way to tell who the senior noteholders are?
Post by duckdog68on Apr 29, 2015 3:24pm

The last hope of junior stakeholders....

... the only people actually trying to save this company.   Anyone know who they might be?  Board members maybe? Page 8 of Factum of Applicants: 18. After the announcement of the ...more  
Comment by 2Greyingon Apr 29, 2015 2:02pm

RE:RE:Copy of court order..

Yup that's all she wrote! Sure hope note holders and debenture holders fight for their share. This whole thing was orchestrated by Brookfield and management. Management gets retention payment and ...more  
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