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Bullboard - Stock Discussion Forum Spyglass Resources Corp SGLRF

Spyglass Resources Corp is an oil and gas exploration and production company that conducts its operations in the Western Canadian Sedimentary Basin. The Company is a dividend paying, intermediate oil & gas company that trades on the TSX under the symbol 'SGL'. It operates oil and natural gas properties in Alberta, Saskatchewan and British Columbia.

GREY:SGLRF - Post Discussion

Spyglass Resources Corp > email from Ernst & Young
View:
Post by gvixid on Nov 26, 2015 2:44pm

email from Ernst & Young

The Receiver’s plan is to operate the company and realize on the assets. Updates will be provided on our website:www.ey.com/ca/spyglassresources

The website will be operational in the next day or so.

Kind regards,

Alex

--

Alex B Corbett, CA, CIRP | Vice President | Transaction Advisory Services

Ernst & Young Inc.

Ernst & Young Tower, 1000, 440 2nd Avenue S.W., Calgary, AB T2P 5E9, Canada

Office: +1 403 206 5001 | Fax: +1 403 206 5075 |

Website: https://www.ey.com

Comment by darkstream on Nov 26, 2015 2:53pm
will shares be listed on Pink Sheets or Over The Counter for write off purposes?
Comment by gvixid on Nov 26, 2015 2:54pm
what does "realize on the assets" mean?
Comment by darkstream on Nov 26, 2015 3:03pm
sneaky way of saying commission -for every dollar they get on a sale they skim 15-20% and give the rest to creditors -lenders will be lucky if they get half their money back
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