RE: RE: Contact Poynt to get our money back You caught that, nice. "one of the Company's secured creditors made an application to the Court for a Receivership Order.
So if the creditor appointed the Trustee, and the Trustee is not fit to auction off the asset (what the hell does a calgary Trustee know about technology or how to sell it) that puts the creditor in great shape to scoup the asset.
Guess what, commons get ZERO, guaranteed.
We shoul all demand the Trustee appoint a 3rd party who will be incented to get the best price possible.