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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 Reitmans Ord Shs V.RET

Alternate Symbol(s):  RTMAF | V.RET.A | RTMNF

Consumer Cyclical
Reitmans (Canada) Limited is a Canada-based women's specialty apparel retailer with retail outlets throughout Canada. The principal business activity of the Company is the sale of women’s wear. The Company operates through the sale of women’s specialty apparel to consumers through its retail banners. The Company operates under three banners: Reitmans, Penningtons and RW&CO. Reitmans is a... see more

TSXV:RET - Post Discussion

Reitmans Ord Shs > THE FATE OF REITMANS IS HANGING ON THE 20 LARGEST CREDITORS
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Post by modulex on Dec 18, 2021 2:22pm

THE FATE OF REITMANS IS HANGING ON THE 20 LARGEST CREDITORS

Previous post includes a duplicate by error.
Comment by savyinvestor333 on Dec 18, 2021 7:38pm
And your point is? They will all make up for the shortfall on the outstanding debts by continuing to do future business with Reitmans. It they try to defeat the motion they risk having no future income from a big customer. These suppliers will already have figured out how long it will take them to recoup the shortfall from accepting this proposal and are ok with that. They just want to move on.
Reitmans Ord Shs
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