Crius Energy Trust Tr Unit CRIUF

Utilities Utilities - Diversified

"Crius Energy Trust through its subsidiaries is engaged in the sale of electricity and natural gas to residential and commercial customers under variable price and fixed-price contracts. The company, through its subsidiaries, also markets solar products to its existing customers as well as to new prospects. It provides retail electricity to its customers in the Connecticut, Delaware, District of Columbia, Illinois, Maine, Maryland, Massachusetts, New Hampshire, New Jersey, New York, Ohio, Pennsy

GREY:CRIUF - Post by User

Crius Energy Trust Tr Unit > Nice time ahead.

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Comment by deisman03on Jul 03, 2018 1:30am

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Post# 28260706

RE:RE:RE:RE:Nice time ahead.

According to their perspectus, they have enough cash flow to pay their debts and the distribution.

One of the dissenting investors offered to purchase $3 million worth of units to help.

$3 million is a drop in the bucket and may have already been spent.

If the perspectus is accurate, then there is inherent value in the units. They will very likely get picked up. IMHO.

They need to spend over $225 million to repurchase their units for cancellation at present prices. I don't know where that money will come from.

GLTA the good folks here.

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