Crius Energy Trust Tr Unit CRIUF

RE:RE:RE:RE:RE:deisman, Re: escrow shares

[deisman03]

Hi Scool.

Not really. They took the units in lieu of cash at the time. Banks will take units or stock in lieu of payments and will hold the units/stock in escrow until they are either redeemed or the time to redeem runs out or that's when they get their payback as per their original contract. 

Not sure what happened here. 

Whatever, there doesn't seem to be any problem selling these units. Especially at such a discount. 

While I never expected to see the unit price average above $10, somehow I managed to miss or more likely forget about the units in escrow. 

I fully expect the unit holders to completely divest themselves of all of the units. I suspect this was more the reason for the short attack than any other issue. Maybe the catalyst???? 

Timing would indicate that but overexuberant acquisitions didn't help. 

The sellers don't want to tank the price. That would just be super foolish on their parts. Why would they want to needlessly throw away value????? The price may drop more, I don't know. It may not. 

Could be, now that the cat is out of the bag and it's reasonable to believe that KWH.un can handle their debt and pay the distribution, unit price is likely to remain at worst stable or start to rise as the escrow units are sold off and no longer a liability. 

This would be a very good time for the NCIB to start, IF it's viable. 

The escrow units seem to be being sold off around 100,000 give or take units per day. So by the middle of August???????????????? 

Are you willing to be liable for shorted units whose price will likely go sideways???? 

GLTA the good folks here