Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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

Bullboard (TSX:FUT)

View:
Comment by supercableguyon Oct 28, 2012 7:02pm

RE: Aeroplan loan

Hey Baywall can u post the ugly Level2 ...thanks...lets try to keep a bit of hope... but its getting harder and harder to do.......
Post by BayWallon Oct 28, 2012 6:25pm

Aeroplan loan

This loan was from Aeroplan themselves to Futura. Can check on the documents filed with CCAA. This was shortly after Futura signed the reseller contract with Aeroplan.   Toronto, April 21, 2009 - ...more  
Post by BayWallon Oct 25, 2012 9:34pm

Operational genius

Brilliant business people are able to make the most effective use of their scarce resources. That's all one can ask for in some circumstances. Well here's your chance Futura.
Post by BayWallon Oct 25, 2012 8:48pm

How it works: Purchase of Miles

Futura has to buy a minimum of miles from Aeroplan and another Miles vendor. Then the merchants buy the miles from Futura. So I assume that Futura received miles from Aeroplan, but did not pay for ...more  
Post by BayWallon Oct 25, 2012 8:43pm

Upset Shareholder

Here was one upset shareholder dating back to 2006:   The Company, in the course of its normal operations, is subject to claims, lawsuits and contingencies. During the third quarter of 2006, the ...more  
Comment by gofxon Oct 25, 2012 8:18pm

RE: Plan of Arrangement

And who's getting salaries and looking for new opportunities while the few lonely remaining dollars are circling the drain?
Post by BayWallon Oct 25, 2012 6:56pm

Plan of Arrangement

This filing will be important. If creditors disapprove then the Stay will be lifted and receivership/bankruptcy could follow. I don't know how long it will take to file, maybe 3 weeks?   ...more  
Post by RE38on Oct 25, 2012 1:43pm

Put this into perspective

If you review the detailed YTD income statement they provided in the Harris CCAA documents, nearly $2.5K was spent on meals and entertainment. My division, which consists of 40 people within a large ...more  
Comment by RE38on Oct 25, 2012 1:30pm

RE: RE: Now what?

After taking a look at all this, the "strategic direction" was 1. To loan the company some money. 2. To extract as much money back as possible through salaries. 3. Try every cockeyed scheme ...more  
Comment by BayWallon Oct 25, 2012 12:20pm

RE: Now what?

Below are two paragraphs from another listed company (LOX) which just got taken over. Back in April 2012 it was suggested the company merge, etc with a stronger partner. The exact ...more  
Comment by gofxon Oct 25, 2012 11:41am

RE: RE: RE: RE: Loyal to whom ???

I have no information on this but perhaps you should compare the salaries of the folks giving loans to the size of the loans given -- and the standing of those loans compared to shareholders.   I ...more  
Comment by BayWallon Oct 25, 2012 11:24am

RE: RE: RE: Loyal to whom ???

Those general and admin expenses and salaries maybe? These are not the cost of sales of $991,000, but the $1.7 million in general and admin. I know they have to pay rent for the offices,  ...more  
Comment by gofxon Oct 25, 2012 9:57am

RE: RE: Loyal to whom ???

The folks who just stepped in front of the creditors... that's who.
Post by BayWallon Oct 25, 2012 9:45am

Now what?

It's easy to criticize the past. The point was Futura Rewads may cease to exist after the restructuring. Breakage revenue, which Futura shows on its books each quarter, shows that the credits ...more  
Comment by BayWallon Oct 24, 2012 11:03pm

RE: Loyal to whom ???

Dave Campbell said: ...the company looks forward to acheiving profitability... (March 29, 2012) "Next level of success", said by Mark Farrell in the same news release. What were they ...more  
The Market Update
{{currentVideo.title}} {{currentVideo.relativeTime}}
< Previous bulletin
Next bulletin >

At the Bell logo
A daily snapshot of everything
from market open to close.

{{currentVideo.companyName}}
{{currentVideo.intervieweeName}}{{currentVideo.intervieweeTitle}}
< Previous
Next >
Dealroom for high-potential pre-IPO opportunities