Update today 2013-01-21 16:35 CT - News Release
Mr. David Campbell reports
FUTURA EXTENDS STAY PERIOD UNDER CCAA TO JANUARY 31, 2013
Further to its update of Jan. 4, 2013, the Futura Loyalty Group Inc. is continuing to negotiate with two parties with the intent of completing one or more transactions and has applied and received approval from the court to extend its stay period under the Companies' Creditors Arrangement Act to Jan. 31, 2013. Previously the court had granted the company a stay period to and including Jan. 18, 2013. If it appears that it will not be feasible to complete the transaction or transactions contemplated by Jan. 31, 2013, then Futura will likely seek a further extension of its CCAA protection.
We seek Safe Harbor.