Comment by
Mavrock on Feb 14, 2020 8:23am
I was absolutely shocked that they filled for protection. I know this is wishful thinking however hope they can right the ship and at the very least have us shareholders recoup a portion of this investment. In the meantime, we sit and wait.
Comment by
ManUnited on Feb 14, 2020 8:29am
Right. CCAA is not the same as bankruptcy. In the event of bankruptcy, all available resources are liquidated IMMEDIATELY. Many companies have been saved by CCAA because they have been able to shake a large part of their debts, so this step is correct and reasonable.