GREY:SNIOF - Post by User
Post by
Polebrookon Dec 23, 2015 2:24pm
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Post# 24409103
Trading has been resumed according to IIROC PR
Trading has been resumed according to IIROC PRSurprised to see that trading is resumed since there is a notice of intention under the bankruptcy and insolvency act. Isn't that likely to send the share price into free fall? The loan from Routhier is presently secured against all the assets of the company. The loan is to be repaid sometime after the court approves the sale of the patent assets to WiLan in January, so presumably the sale price for the assets is $100K or more.