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Bullboard - Stock Discussion Forum CI First Asset U.S. Tactical Sector Allocation Index ETF T.FUT

TSX:FUT - Post Discussion

CI First Asset U.S. Tactical Sector Allocation Index ETF > if it was all over............................
View:
Post by joeydalton on May 29, 2012 6:26pm

if it was all over............................

they would not answer question by mail or phone...............

they would leave investors in the dark...........

there would be no new clients.............

the price would be at its lowest.........

they would not even do a 1 for 10................

people would quit before the boat sank.................

hmmmmmmmmmmmm..................

Comment by Duncan12 on May 29, 2012 6:43pm
Take a hike Joey, you used to be a positive on this board now your just doom and gloom! Wait for a pr, K!
Comment by joeydalton on May 29, 2012 6:48pm
ill go buy myself  some pink glasses....might do me some good....lol
Comment by BayWall on May 29, 2012 6:50pm
Give it until closing May 31st. Just 2 days now. If nothing is done, the terms of the $550,000 debt would have been breached, unless they worked out an extension.   Insiders have put money into this company. I think they would like to see the company survive and will do things to make it happen. David Beutel. Belweather Capital Partners of which David Beutel and David ...more  
Comment by BayWall on May 30, 2012 6:43am
If a post doesn't relate to Futura, this forum is not the place to post investment information about other companies.ralkahemtReputation: A calculation of the weighted quality, performance, and participation scores on a scale of one to ten.")">1 5/30/2012 12:58:48 AM | | 15 reads | Post #31115439
Comment by bigops on May 30, 2012 3:24pm
bay - remember that even if the debt covenants are technically breached it would require the bondholders themselves to enforce...given that the holders are basically the largest owners i think it is safe to assume that this is a non-issue
Comment by BayWall on May 30, 2012 5:42pm
You're right.  The deadline is a non-issue, but the rollback and re-purchase of the division remains. It's the whole package which appears to be under review. The territory rights owner (TRO) method of marketing in the US appears to have been abandoned. Sign-ups have dried up recently, maybe it's only temporary. They had a full-time rep in BC, who was doing ...more  
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