they told tsx on application for hardship that theytried but could not raise any money exhausted all avenues
did they really try hard they knew they could raise a lot of money with right's offering since they did raise 38 million AFTER THEY WIPED OUT RETAIL INVESTORS
why didn't they offer that MONTHS BEFORE could have raise over 100 million when people still had confidence
ANSWER IS SIMPLE IF THEY WOULD HAVE RAISED MONEY THEY WOULD NOT HAVE MET THE TSX CRITERIA FOR HARDSHIP AND COULD NOT HAVE TAKEN OVER PROMETIC
dilution of 1000/1 converted loan plus all interest they just negotiated few months before
this was well planned takeover
they under estimated retail investors quebec judge will decide