Manitok Energy Inc MKRYF

Court Order Nov 5........

[ompong12]

there is a lot of court order docs dated nov 5 can somebody analyse what this mean for us as shareholders.


thanks in advance for the insight.

https://www.alvarezandmarsal.com/content/manitok-energy-inc-court-orders-0

[farml1234]

my guess only ZERO for us , i can not understand why we still listed anywhere ,, maybe i wrong  JMHO your opinion may differ

[HRc60to65]

From February 20 to september 28, 2018, 6,090,000$ cash exceed expenses 3 differents Buyers are accepted to buy the Manitok properties. Sales prices of properties are not published

[99snakes]

So are they bankrupted or almost broke , something tells me mass will be back in business soon  with someone else's  money , if cash proceeds exceed there debts , seems to me they can resume business , not that there's much left , but I've seen stranger things then this happen on this exchange ......maybe too early to sell all your shares to your broker yet , stay tuned

[Scottie99]

This post has been removed in accordance with Community Policy

[99snakes]

Well ,  not sure what you would sue for , stupidly or corporate neglegance .....iether one wouldn't get your money back Scottie , lawyers would take your money and sue weather you had a chance in hell or not of getting I penny , they love lawsuits .....but they better put out news soon, I'm waiting on call back from the exchange wondering how they still can trade , and why there are