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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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Comment by BayWallon Jan 21, 2013 6:16pm

RE: RE: Update today

We can speculate on this for a least another 10 days. No hints whatsoever. In the meantime, the company is still alive.
Comment by supercableguyon Jan 21, 2013 6:04pm

RE: Update today

Its hard to say..................GOOD   or     BAD
Post by BayWallon Jan 21, 2013 5:59pm

Update today

2013-01-21 16:35 CT - News Release   Mr. David Campbell reports FUTURA EXTENDS STAY PERIOD UNDER CCAA TO JANUARY 31, 2013 Further to its update of Jan. 4, 2013, the Futura Loyalty Group Inc. is ...more  
Post by supercableguyon Jan 21, 2013 5:28pm

Harris Receivers & Consultants Corp.....

nothing new posted there.......we wait.........................
Comment by BayWallon Jan 21, 2013 3:56pm

RE: I sent....

Received answers to all my questions today from Futura. These questions as mentioned, were not about the company but about the loyalty business in Canada.   The car dealership websites ...more  
Comment by BayWallon Jan 21, 2013 7:17am

RE: RE: An opportunity?

Futura did not have many GM dealers signed on anyway, maybe 6 total. So it's not much of a concern with the Air Miles promotion. If anything, it showed Futura was well ahead of the times in ...more  
Comment by BayWallon Jan 20, 2013 9:36pm

RE: An opportunity?

This is a big issue. How can Futura/Aeroplan compete? I think this is what management mean't by it being an unpredictable loyalty industry. Should Futura even continue with Aeroplan or else go ...more  
Post by BayWallon Jan 20, 2013 8:38pm

An opportunity?

Here again. Air Miles with Aeroplan with the same car dealer. https://www.lairdwheaton.com/ It seems there's an opportunity for Futura in all of this. Just don't know how. Maybe with both ...more  
Post by BayWallon Jan 20, 2013 7:37pm

Roulette

It sort of comes down to this. Maybe it's a poor analogy, but every business has gambles to contend with. By gambling I mean an event beyond a business's control. Can ...more  
Comment by supercableguyon Jan 20, 2013 7:35pm

RE: RE: RE: RE: Today

I think we will get something tomorrow.......i just hope we don't die January 21 2013.
Comment by BayWallon Jan 20, 2013 7:26pm

RE: RE: RE: Today

In any of the two following events, financing will have to be secured quickly.   If an extension is to be granted there has to be funds available via DIP Lenders (Debtor in possession credit ...more  
Comment by supercableguyon Jan 20, 2013 6:16pm

RE: RE: Today

They can come to get their money but theres not much to take ....maybe its better to give it 1 more chance to try and make money with the US or something....there is no inventory or building to sell ...more  
Comment by BayWallon Jan 20, 2013 5:30pm

RE: Today

The stay period was extended once already from Dec 31 to Jan 18th. A second extension may be asking too much.   As the update stated, unsecured creditors can't all be paid so ...more  
Post by BayWallon Jan 19, 2013 10:09am

I sent....

......an e-mail to the company for David Campbell today. Not focused on the restructuring and how things are going but on other loyalty business issues of interest.
Comment by BayWallon Jan 19, 2013 3:00am

RE: Next level of success?

From the recent update: " While the company is going through this process, the company continues to operate and transact issuance for existing and new customers."   Talking about new ...more