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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."

GREY:AIIFF - Post Discussion

2242749 Ont Ltd. > Copy of court order..
View:
Post by duckdog68 on Apr 29, 2015 12:14pm

Copy of court order..

Comment by duckdog68 on Apr 29, 2015 12:27pm
Hmm.. $3.83 million "Key Employee Retention Plan".     41. THIS COURT ORDERS that the Armtec Companies are hereby authorized and directed to pay the key employee retention payments and bonus (the "KERP") as described at Tab "1" of the Confidential Supplement (the "Confidential Supplement"), filed. 42. THIS COURT ORDERS that the key ...more  
Comment by 2Greying on Apr 29, 2015 2:02pm
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 shareholders etc get nothing....what is wrong with this picture. None of it seems above board...how can they get a bonus when the company failed? They get 9 times the total market cap!!!! Use that ...more  
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