Orbite Technologies Inc EORBF

RE:RE:RE:RE:RE:I would expect news Wednesday May 1st..

[NeotraderQC]

My understanding is that financing will nt be an issue should the process work as intended, but rather they will have a choice as to which partner (s) they want to go forward with, including the gov't say on this due to the ties to gov't financing.....What we need to see if is it does work as intended, and I am optimistic this time around for a bunch of reasons I won't go into, is how the Plan of Arrangement (or Compromise and Arrangement) is structured. Given they owe $43 million, they will need to determine a fair value of the organization as a functioning entity, therefore worth more than what the share price dictates on the exchanges, and then look at the percentage of that value vs. debt owed. From their we will likely see a financing where creditors take a percentage on each dollar as repayment and some of th new shares. From there, I expect a reverse split to bring the share price in line with the requirements of listing on the TSX-V, or perhaps they could uplist back to the TSX. I expect if an aoutstanding naked short position still exists in the US, that person or entity will try and be part of this Plan of Arrangement as they will need these new shares to cover the existing short. If all of this happens I expecta highly volatile re-start to the shares on the mkt. where it could likely rise 200-300% very quickly due to the manouevering required to hide the covering. Expect Anonymous to be used to execute this. Anyone who knows me knows I have a very conspirical view to how this was brought down, and am a previous employee of the TMX group, so there will be some opportunities to make some serious $ by simply holding. All of this though deends on reaching 5N7 at least at a 1 tonne per day capacity. I expect they will be sucessful this time around.

Stay tuned!