Obviously, I am a much better reader than youHey Murrarms, this is for you too, do you agree with me? Second time , you are wrong!!!
Under paragraph 42 of the Canada Business Corporations Act ("CBCA"), the Company's governing corporate statute, there are two legal tests that must be met before any dividend can be paid. The Company has concluded that it satisfies the solvency test set forth at paragraph 42(a) of the CBCA.
Hey turtle is this a reading test? What don't out understand about not ?
However, due to a number of factors, the Company believes that the capital impairment test set forth in paragraph 42(b) of the CBCA would not be satisfied on June 30, 2017