TSXV:KUR.H - Post by User
Comment by
gijane_on Mar 07, 2011 10:54am
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Post# 18243990
RE: Where is the money?
RE: Where is the money?//They did say the lawsuit would move forward in the middle of March.//
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//If that means that Look (as opposed to UBS) will be moving it "forward" in mid-March then . . . great. It's the first I've heard of it and there was certainly no such disclosure at the Look AGM. Do you have a source?//
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Careful with inaccurate interpretations.
They did not say "the lawsuit would move forward in the middle of March."
They said the Look board would decide how to act by Mid-March.
Quite different.
They also said they expect both UBS and Look will pursue litigation on a common front.
What was actually said:
"The Look board has also engaged counsel and will decide how to act by mid-March. We expect that both UBS and Look will pursue litigation on a common front."
Source: Robert Ulicki's letter on SEDAR, Feb 4 2011 Other PDF 686 K
First paragraph on last page, under Future Steps.