CANEXUS CORP 6.5 PCT DEBS T.CUS.DB.D

RE:RE:RE:friday nov 4th

[Kherson]

mo1975 wrote: i believe that the debts are greater than the liquidable assests... if tomorrow cus has to sell their assests ( building etc.) there would be nothing left .... there is great value for chemtrade or superior in the fact that there is a large income tax benefit not drawn on that would be transferred to the acquiring company... also they have a good market contract establish... however there is not enough profit coming from them to generate enough profit to take care of that debt.. selling is the best way to get share holder the best value..  stirling and edwards i believe see that but the board is so incompetent that they are screwing everything that comes their way..... in september you could have had 1.60 from chem  and if you sat with them maybe 1.70 but now you will be lucky if they go up by 5 cents that is if they do not withdraw their offer... as for the 110 million s where is it sitting while they wait to apply it to upcoming loan terms?????? and if the loan is for 75 million what is the additionl 35 millions applied to ???? we might know friday

btw that is why kherson says it is worth nothing.... because he does not value the business potential as it is  a non tangible

Very good points Mo!
Let's say that Chemtrade does indeed withdraw their takeover bid, which I am leaning to believe they will after the Market learns of Friday's poor financial results. What will happen to the share price then, sub $1 Canadian?
Something else to think about here, is Chemtrade and Stirling in communication? If they are working together, would it not be an ideal time to withdraw the hostile bid based upon the poor financial results from the 3rd Quarter and then watch the share price tank? I bet after that, there would be no question of the Shareholders voting out the Canexus Clowns!
In order to save this company, the first priority is to remove the BOD and then the management.
Kherson