CANEXUS CORP 6.5 PCT DEBS T.CUS.DB.D

RE:RE:RE:New presentation coming

[taman1]

Here is the cut and paste from their presentation. Imagine standard provisos and stating the obvious. With new management I hope they are forward looking and should work hard to increase share price and cutting div is counter productive coz in every case because it means there are issues and not helpful to SP ..IMHO

Generate returns in the form 

of both dividends and growth

Committed to a dividend strategy

Dividend subject to quarterly board approval 

Board of Directors considers the following: 

Debt levels

Liquidity

Future operating cash flow projections

Capital requirements