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Canadian Oil Recovery & Remediation Enterprises Ltd V.CVR.H

Canadian Oil Recovery & Remediation Enterprises Ltd. is a Canada-based company, which provides full cycle oil waste management solutions to the petroleum industry. The company’s operating lines include remediating oil-contaminated soil; treating sludge, oil-based muds and drilling waste; oil recovery; industrial waste management; oil storage tank cleaning; oil and gas engineering, and project management. Soil remediation, sludge treatment and oil recovery are provided by Company through its Advanced Recovery Equipment Systems (ARES), which consists of two soil washing plants known as ARES I and ARES II. The Company’s primary customers are in the upstream petroleum sector (oil production and drilling companies) and downstream petroleum sector (oil refinery, transportation and distribution companies). The Company has three wholly owned subsidiaries, CORRE Inc., BDE Properties Inc. and Mentra Life Sciences Inc., which are located in Toronto, Ontario.


TSXV:CVR.H - Post by User

Comment by Burnermanon Dec 09, 2015 8:10pm
93 Views
Post# 24371247

RE:Things went bad

RE:Things went badYes, that's about it. They played us shareholders. They got over $ 100,000 out of me and I'm sure I'm not the only one. This contract was written by professionals and studied by executives / lawyers from both sides. It is highly unlikely that they did not know that this particular technicality was in the contract. If anyone is staying with this do not do what I did. I believed the contract was sound and jumped all in. I was wrong. Be very careful with this one, you can't trust what is written in the news on this one.
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