Crius Energy Trust Tr Unit CRIUF

RE:Re: escrow shares

[deisman03]

There is a nasty little battle of wills going on right now. Some have succumbed to the rhetoric of the shorts and some just can't handle the volatility. Some just believe that this company can't meet its obligations financially in a manner that will ensure longevity.

One glaring example of a company that fell badly from a $15 trust to a $4.50+ trust with low distribution is Just Energy. 

A very similar thing happened to it. Mind you its debt was MUCH higher than that of KWH.un. 

Just over a year ago KWH.un had a very LOW debt. Some misguided/foolish managers were hell bent on making aquisitions and damn the cost or the accumulation of debt. They were after a much larger customer base and paid through the nose for it by gobbling up small companies with high debt ratios. They took over that debt as part of the purchase price. 

They did disclose everything they did and the negatives. They weren't however very clear in their disclosure and only certain individuals could smell a rat or at least knew where the rats were hiding. 

Very little information on the units held in escrow for instance. Maybe obvious to a few but not to most retail investors with limited access to all of the information. 

IMHO this trust is viable. It has the cash flow to pay their debt obligations as well as the distribution. If they cease with their reckless aquisitions until their NCIB is over, they should be OK. 

They also have a dead Albatross around their neck with SOLAR. It's costing them a lot of money just to keep it. Nobody wants to buy this proven loser and for some obscure reason management seems to think it has value. 

Some people are dumping. Not as many as the shorts would have you believe though. 

One other thing is that there IS NO SHORTAGE OF BUYERS. 

GLTA the good folks here