Dead Meat Poseidon... CALGARY, ALBERTA--(Marketwired - April 9, 2013) - Poseidon Concepts Corp. ("Poseidon" or the "Company") (TSX:PSN) and various affiliates obtained an initial order (the "Order") from the Alberta Court of Queen's Bench (the "Court") providing creditor protection under the Companies' Creditors Arrangement Act (Canada) ("CCAA"). Concurrent with the CCAA filing, Mr. Dean Jensen and Mr. Harley Winger tendered their resignations as directors to the Company, the Special Committee was disbanded and Mr. Dawson has resigned as the Company's Interim CEO. The Company's Board of Directors is now comprised of Mr. Scott Dawson and Mr. Neil Richardson.
Pretty sad . . .