Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

Bullboard - Stock Discussion Forum TUDOR CORPORATION LTD V.TDR

"Tudor Corp Ltd is engaged in the exploration, development and production of petroleum and natural gas in Alberta and the United States. It also manufactures & distributes universal skate sharpener."

TSXV:TDR - Post Discussion

TUDOR CORPORATION LTD > Poor Lionel
View:
Post by Farmer9 on Nov 10, 2016 9:03am

Poor Lionel

NOTICE TO TUDOR CORPORATION LTD. SHAREHOLDERS:

After operating for thirty-four years we are closing Tudor Corporation Ltd. and all of its subsidiaries effective September 15, 2016.

All persons who were serving on the Board of Directors and our CFO have resigned; this is why Tudor Corporation Ltd. has a cease trading order in effect.

We cannot continue to operate as a viable company as the Alberta Energy Regulators have taken away all of our operator’s licenses, effectively shutting down the company. They are also demanding a fee of $1,467,878.00 because our “deemed” assets are less than our “deemed” liabilities. We have already contributed $296,552.00 to the “Orphan Well Fund” set up in Alberta.

We have waited all these years for the price of natural gas to go up so we could turn our wells back on and start making a profit and the AER has declared that the wells are worth nothing and are demanding they be abandoned. As of today natural gas has reached $2.91 up .11 cents. Tudor Corporation Ltd. and its shareholders have been stripped of everything.

We published these facts on CN Newswire August 31, 2016. We have started looking into bankruptcy protection proceedings.

Lionel Conn 

Comment by Farmer9 on Nov 10, 2016 11:16pm
Where will I ever get my ice skates sharpened now??????
The Market Update
{{currentVideo.title}} {{currentVideo.relativeTime}}
< Previous bulletin
Next bulletin >

At the Bell logo
A daily snapshot of everything
from market open to close.

{{currentVideo.companyName}}
{{currentVideo.intervieweeName}}{{currentVideo.intervieweeTitle}}
< Previous
Next >
Dealroom for high-potential pre-IPO opportunities