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Tuscany International Drilling Inc T.TID



TSX:TID - Post by User

Post by onthecaseon Feb 10, 2014 2:16pm
215 Views
Post# 22192036

Morning Update

Morning Update
11:00am PST, 96 declared soldiers, 26 million shares controlled.

Update on Legal: Screening of potential counsel enters final phase tomorrow. Still on schedule.

Thank you to those who continue to send their contact information and offers of assistance. As a reminder, please remember to place yourselves on the list compiled by Fullblast as well.

TID's filing on Friday makes matters clear. The new company anticipates receiving the outstanding Columbian payments which were the nominal cause of the Chapter 11 filing in the first place. The M&P deal and other matters speak to the "caching" of assets off the books, to be reclaimed by the new company. The Friday filing already sets out stock options in the new company for the executive staff.

In preparation for our next march, please assemble any emails, texts, correspondence or interesting facts in your possession. I will continue to update regarding legal matters as we make progress.
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