Post by
Tcheck on Aug 29, 2020 7:39am
They basically get the company for free no strings attached
Iq
can have access at free money (and i dont mean revenue from taxes ) with interest free loans or at least very low borrowing costs .
they can put maratoriums on loan payments .
they fork out with pallinghurst 600 M for a company valued at 4 bn $ easy .
they grab 400 M of companies worth and value .shovels and equipment on the ground
It is free sailing with no off take shacklles and no streaming strings attached.
The only thing it took was to take over the board and force a decision against the majority shareholders .
it is. A coroprate putsch like we havn t seen often .
pallinghurst is no a secured creditor who can force a decision on their behalf .
like IQ they have access to very low interest money .
It doesnt cost them a cent .
orion too we dont owethem anything after the restructuring.
how good can it get
except it is dishonest
and opposed to their own role in economic development in quebec by quebecois ientrepreneurs and nvestors .
calgary and i we suspected softbank to pull something like that but our own government we love so much ?