Company said the right things todayBelow is the first press release. The highlighted sentence (yellow) says it all. Short lies are behind this and nothing material has been hidden from shareholders. I will be looking forward to reading the detailed report.
Crius Energy Trust Responds to False and Misleading Statements by Anonymous Short Seller
TORONTO, Feb. 28, 2018 (GLOBE NEWSWIRE) --
NOT FOR DISTRIBUTION IN THE UNITED STATES OR OVER UNITED STATES WIRE SERVICES
Crius Energy Trust ("Crius Energy" the "Company" or the "Trust") (TSX: KWH.UN) is issuing this news release in response to false and misleading statements in a blog posting issued today by an anonymous, self-described short seller of our trust units.
The Trust will in due course issue a follow-up news release that addresses the substance of the false and misleading statements made by the short-seller. In the meantime, Crius Energy would like to remind investors that a reputable syndicate of eight investment banks conducted due diligence on Crius Energy at the time of the Trust's initial public offering in November 2012, and have participated in, and conducted further due diligence in respect of, subsequent prospectus offerings of the Trust in June 2015, June 2016 and June 2017.
Other than the issuance of the false and misleading blog posting by the anonymous, self-described short seller, Crius Energy confirms that it is not aware of any undisclosed material change in the business, operations or affairs of the Company that would account for the recent increase in trading activity, and related decrease in trading price, of the trust units of the Trust on the Toronto Stock Exchange.
The Trust cautions investors that the self-described short seller has chosen to conceal the identity of the persons and entities who are responsible for the blog posting, and who stand to profit, at the expense of our unitholders, from false and misleading statements about Crius Energy.