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Bullboard - Stock Discussion Forum CI First Asset U.S. Tactical Sector Allocation Index ETF T.FUT

Bullboard (TSX:FUT)

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Post by BayWallon Nov 21, 2012 7:58pm

What makes it tough...

is the departure of key personnel who have indepth knowledge of the loyalty business.   Ron Kennedy-Senior account manager is gone since October. (3 1/2 years with Futura). The ...more  
Comment by BayWallon Nov 21, 2012 5:25pm

RE: RE: RE: the new company name is...............

Not much choice left in Canada. If any loyalty business is to be salvaged, it will have to be done with a US firm, for the US market.   Here in Canada, Futura owes Aeroplan ...more  
Comment by supercableguyon Nov 21, 2012 4:01pm

RE: RE: the new company name is...................

i understand that the contract with the Ontario dealers is being terminated..... not good....but we are getting use to bad news.....
Comment by BayWallon Nov 21, 2012 3:42pm

RE: the new company name is.......................

I thought about that combination. But both companies have large debt with a long list of creditors. Both have a lot of shares outstanding, prime for rollback. Both are struggling and ...more  
Comment by supercableguyon Nov 21, 2012 3:12pm

the new company name is...........................

The Futura Advantex Loyalty Group Inc.........lolllllll
Post by BayWallon Nov 21, 2012 8:37am

L2

  V:FUT Market Book By Price 08:22:06   Bid Ask Orders Size Price   Price Size Orders   ...more  
Post by BayWallon Nov 20, 2012 11:24pm

Various structures possible.

This paragraph:   Management is interested in effecting a restructuring transaction with a 3rd party whereby the tax attributes of Futura remain available for future use. "We are open to a ...more  
Comment by BayWallon Nov 20, 2012 8:35pm

RE: RE: RE: hard to understand....

  V:FUT Market Book By Price 13:24:20   Bid Ask Orders Size Price   Price Size Orders   ...more  
Comment by supercableguyon Nov 20, 2012 7:47pm

RE: RE: hard to understand....

Hey Baywall can u post L2 ....thanks again
Comment by BayWallon Nov 20, 2012 6:44pm

RE: hard to understand....

Management wants to increase the DIP from $175,000 to $300,000 to cover operating costs during the CCAA process.   Stay Period extension granted by the court to Jan 18, 2013.   ...more  
Post by supercableguyon Nov 20, 2012 5:40pm

hard to understand....

i think its over for real..... a lot of stuff to read......
Post by supercableguyon Nov 20, 2012 5:13pm

New stuff on Harris Receivers & Consultants Corp

Motion Record of the Applicant dated November 9, 2012Endorsement of Justice Brown dated November 13 and 14, 2012Reasons for Decision of Justice Brown dated November 13, 2012Second Report of the ...more  
Comment by BayWallon Nov 18, 2012 6:02pm

RE: RE: The same problems with...

I have no idea what options they are considering. To an extent, it depends on what bids and proposals they are receiving. Lets assume they wish to continue with a loyalty program. Continue ...more  
Comment by supercableguyon Nov 18, 2012 10:17am

RE: The same problems with...

Hey Baywall dont forget the big US market that's out there... i wonder if they have all given up already....soon we will know !!!
Post by BayWallon Nov 18, 2012 6:44am

The same problems with...

Don't know whether Graham who has become consultant to, knowsthe  facts about Advantex, but that company's operationa are financed by debt. In flast fiscal year it was $1.8 ...more  
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