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Voyageur Secures First International Sales Contract worth US$1.9 Million (click to learn more)
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Bullboard - Stock Discussion Forum Guestlogix Inc T.GXI.R

Industrials Business Services

TSX:GXI.R - Post Discussion

Guestlogix Inc > The news is good
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Post by nwahsrm on Apr 10, 2016 5:17am

The news is good

Paragraph 49

https://www.pwc.com/ca/en/car/guestlogix/assets/guestlogix-067_040816.pdf
Comment by Soyousay on Apr 10, 2016 9:52am
Sort of. Depends on where you are in the hierarchy of lenders & shareholders. Common shareholders are the last to recover their investment. The question now becomes: Do they take the money from the Openjaw sales, pay secured and unsecured creditors, and then declare BK...which wipes out the common shareholders. Or, do they have enough money from the sales to finance restarting Guestlogix and ...more  
Comment by kidroc01 on Apr 10, 2016 10:04pm
TravelSky Technology Limited is a Chinese State-owned enterprise and the dominant provider of information technology solutions to People's Republic of China's air travel and tourism industries. Wikipedia      
Guestlogix Inc
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