CI First Asset U.S. Tactical Sector Allocation Index ETF T.FUT

Still hoping

[BayWall]

But still...Aeroplan could continue with Futura if it sees the restructuring as positive. If it reduces the credit risk Futura poses to Aeroplan, then the contract could continue. An if Futura wants to keep going in Canada, the deal with Aeroplan is critical.

 

Those who left Futura will help trim admin expenses. Streamlining operations elsewhere may help with further cost savings. Probably Futura Rewards program will have to be dropped. Anyways..

 

I still see plenty of opportunity in Canada. Not every retailer may wish to sign up with Aeroplan, but have to keep trying. Explaining advantages,etc. For those retailers who have their own loyalty programs, maybe make it easier to convert points to Aeroplan or vise versa. Points.com could facilitate that.

 

Here, Kal Tire wants to build a $25 million plant. They have 270 service locations throughout Canada. Super business for the Aeroplan program if they want. B2B. Tires for the farm and mining industry. There's plenty of opportunity here in own backyard for Futura to make it.

 

While the US offer good growth potential, lets keep the revenue generator going here to help the company get back on track. Maybe Aeroplan could buy a share of Futura or exchange for the $432,000 debt owing by Futura, and use it for it's own expansion into the US in the small to medium business categories.

[RE38]

BayWall I feel bad for you, you must have truly lost a bundle to not be able to let this thing go. The markets are not friendly to companies with debt right now.   If companies like OPC, CMT and GBG, with their massive resource holdings, can go for mere pennies and if a company like YLO can have its equity nearly wiped out two years in advance of any potential liquidity issue what chance does

[BayWall]

I can let go, but the CCAA process must be allowed to reach its conclusion. Then obviously after that I will let go. I made and lost money before, and have let go for larger invested sums.   But if there's a chance of recovering anything, then ok. We don't know the final value of Futura, nor what some creditors are willing to do. If there are not enough funds left, will

[BayWall]

As long as David Campbell says he is working on behalf of "all" stakeholders (including shareholders) to arrive at the best option for Futura, then the company is in play from a shareholder point of view. Sure, it's a longshot, but so was buying shares in the company in the first place.   Shareholders could still get nothing, but that's an assumption. CCAA

[BayWall]

Yes 38RE...,. the markets. Back in May 12, 2011 Futura hired Spinnaker for $5000/month to promote the company and....   "The Futura team is extremely excited to work with Spinnaker to increase our market exposure, and give us stronger representation in the equity markets. This is the next step in our efforts to build shareholder value. Given Spinnaker's track record, we believe that