Bullboard - Stock Discussion Forum Sembiosys Genetics Inc. SBIYF

Healthcare Biotechnology

"SemBioSys Genetics Inc is engaged in developing high-value proteins and oils in plant seeds using its unique proprietary genetic expression and manufacturing technology platforms. The Company has operations in United States and Canada."

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GREY:SBIYF - Post Discussion

Sembiosys Genetics Inc. > 1st Question to Receiver for SBS Inc.

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Post by CurlyMick on Apr 04, 2013 6:50pm

1st Question to Receiver for SBS Inc.

Sent this...will probably send more questions.

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Thanks Katherine;

Under the legislation you are guided by, are us non-secured shareholders not entitled to representation before a final disposition is made by the receiver?

Mike

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Actually, I should have said "notice" not representation. I will send a second ?

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Comment by CurlyMick on Apr 05, 2013 3:07pm

I should have known the answer yesterday. Retail investors have no protection...again. Now we'll just have to wait to see if ASC puts the final death kick to us. ---------------------------------------------------------------------------------------------------------------------------------------------------- Under the Bankruptcy and Insolvency Act ("BIA"), ...more

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