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Bullboard - Stock Discussion Forum Purpose Conservative Income Series A T.PRP

The fund seeks to provide (i) a moderate positive total return consisting of dividend income and capital appreciation, while trying to reduce portfolio volatility and (ii) monthly distributions, by investing in a broad range of asset classes which may include equities, fixed income, inflation sensitive securities and cash. The fund invests in a broad range of asset classes which may include... see more

Bullboard (TSX:PRP)

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Comment by Sonny22on Nov 02, 2013 1:04am

RE:RE:RE:RE:Unbelievable!

All need to remember that Drouin and other execs are getting bonuses for completing the "sale".  I think Drouin gets close to $300K.  This is really a krock - calling this a ...more  
Comment by Sonny22on Oct 26, 2013 12:31am

RE:RE:RE:Unbelievable!

It was an asset sale under the CCAA (which is a diluted Chapter 11)!
Comment by Sonny22on Oct 26, 2013 12:29am

RE:RE:Unbelievable!

Where is the $1.8 MM in cash coming from?  There is no cash in the company.  How much money do you think the CEO and other executives will get?  I don't think for a second there ...more  
Comment by monsieur_stiffyon Oct 25, 2013 3:42pm

RE:RE:RE:looks like PRP got sold.....

I'm not so sure you won't get something for your shares. The company was "sold" for $9,200,000 It's not being liquidated
Comment by monsieur_stiffyon Oct 25, 2013 1:43pm

RE:Unbelievable!

Why do you all think shareholders are getting zip? The assets are being "bought" for $9,200,000 By my calculations, once the debt is payed off there should be $.16 to $.19 a share left ...more  
Comment by bluebeard123on Oct 24, 2013 10:03pm

RE:RE:looks like PRP got sold.....

OK. Would the company be declared insolvent and wound down by court order so that I can claim capital losses for this tax year? thanks, Bluebeard123
Comment by Sonny22on Oct 24, 2013 9:16pm

RE:Unbelievable!

Congratulations to Drouin and the ilustrious Board of Directors - collecitvely one great big POS.  Hope everyone enjoyed the ride down while these guys were taking the handouts and ...more  
Comment by Sonny22on Oct 24, 2013 9:09pm

RE:looks like PRP got sold.....

Bluebeard123, I don't think you get it.  Assets are being sold - i.e. ProSep Inc. will cease to exist and shareholders will get nothing, zilch, nada, goose egg, etc.!
Comment by Sonny22on Oct 24, 2013 9:07pm

RE:Unbelievable!

Not just sued, but behind bars!
Post by bluebeard123on Oct 24, 2013 7:24pm

looks like PRP got sold.....

the agony is over. I'd like to see what I get.
Post by JoeyL2on Oct 24, 2013 2:20pm

Unbelievable!

Trading halted until delisting, therefore shareholders get $0.  Will CEO get $1MM cash after burning over $100MM over the last decade while shareholders get zip?  Can CEO and Board ...more  
Post by Pelican4on Oct 21, 2013 4:24pm

What's Happpening???

Hey, what's happening to old "Earth Canada?  Is it  delisted?  Where'd it go ??                 ...more  
Post by pennyzon Aug 05, 2013 7:45pm

TSX Delisting Review - ProSep Inc. (Symbol PRP)CNW Group (Fri, May 17)

Would they get delisted? If so, anyone knows if they join venture?
Comment by sethroon Jun 23, 2013 12:48pm

RE: Board of Directors

My guess is that Friday's share trading was a mistake.  House 009 sold a 1 million share block at 5 cents, they sold approx 700K of the block before cancelling the balance.  Then house ...more  
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