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Poseidon Concepts Corp POOSF

Poseidon Concepts Corp is a customer-focused provider of safe fluid handling solutions to the oil and natural gas sector across North America.


GREY:POOSF - Post by User

Post by silverbaronalbeon Oct 01, 2020 1:00pm
126 Views
Post# 31651638

Previous class actions involved with finished in 5 months

Previous class actions involved with finished in 5 months and 9 months. This action with payment late Oct will be 20 months which is uncalled for - are the administrators inapt or milking this for all its worth and I think the latter. The 9.2 mil fees are the cost to get settlement in action so approx 27 mil left. Now we have administrater charges to distibute the rest of settlement and because of 20 month duration I think our payout has suffered and will cintinue until we are paid.
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