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Bullboard - Stock Discussion Forum Guestlogix Inc T.GXI.R

Industrials Business Services

Bullboard (TSX:GXI.R)

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Comment by joesterthon Aug 02, 2016 3:55pm

RE:RE:july 13 transaction not approved, so here is the compromise

Bad news. Page 16 Paragraph 46 "No recoveries are available to equity claims." Looks like game is over. It's been a long journey since the beginning of this year. Brutal blow to my ...more  
183
Discussion
Comment by Growthandprospeon Aug 02, 2016 1:04pm

RE:july 13 transaction not approved, so here is the compromise

What does that mean for shareholders like us?
89
Discussion
Post by mingzhuon Aug 02, 2016 12:51pm

july 13 transaction not approved, so here is the compromise

That is what i believe Status of File as of July 29, 2016 On July 29, 2016, the Applicants filed a motion for an order, seeking among other things: Authorizing the filing of a Plan of ...more  
200
Discussion
Comment by Growthandprospeon Aug 02, 2016 12:23pm

RE:RE:RE:best scenario

I am told by GXT that there will be an update later today on the PWC Monitor's report about equity holders and what they can expect.
69
Discussion
Comment by displayname1on Aug 02, 2016 12:19pm

RE:RE:RE:best scenario

Would you care to try and quantify where this value is ?
65
Discussion
Comment by mingzhuon Jul 29, 2016 9:44am

RE:RE:best scenario

i am not a legal expert. i am just looking at something with common sense. GXI is not bankrupt, rahter taken orver by three investment cos. Debenture holders have 2 options:1 continue to hold the ...more  
187
Discussion
Comment by joesterthon Jul 27, 2016 5:06pm

RE:best scenario

"CCAA is not proceedings of bankrupcy, debtor holders having  priotity over shareholders  in the distributionof the money as some people mistakenly believed." Can you please ...more  
150
Discussion
Comment by joesterthon Jul 27, 2016 5:04pm

RE:best scenario

"CCAA is not proceedings of bankrupcy, debtor holders having  priotity over shareholders  in the distributionof the money as some people mistakenly believed." Can you please ...more  
143
Discussion
Comment by displayname1on Jul 18, 2016 7:40am

RE:Septembre 30 may be the date we know for share value

Sept 30th - May know the residual/remaining value of the business Allowed to trade again subsequently is yet another question that needs to be answered. Time to go for a walk
193
Discussion
Post by mingzhuon Jul 14, 2016 11:02am

Septembre 30 may be the date we know for share value

The Transaction is subject to approval of the Ontario Superior Court of Justice (the "Court") and will be implemented through the acquisition of the shares of GuestLogix in connection with a ...more  
384
Discussion
Post by mingzhuon Jul 13, 2016 10:51pm

today's news, no results yet but the thing should be done

Status of File as of July 13, 2016 On July 13, 2016 the Court issued an order (the “Transaction Approval and Vesting Order”): Approving and authorizing the execution of the restructuring ...more  
227
Discussion
Comment by Growthandprospeon Jul 13, 2016 3:17pm

RE:Any news?

We will get news tomorrow after today's court date. We will find out how much we will get for our shares! Let's hope we get something decent!
111
Discussion
Post by vbozic2016on Jul 13, 2016 3:06pm

Any news?

Any news 
95
Discussion
Comment by displayname1on Jul 13, 2016 2:35pm

RE:best scenario

If the company has value, the shares have value even if they can't be traded. You reckon the net value of the company is that 15m - don't they have debts too, those need to be taken into ...more  
168
Discussion
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