Q3 report and Shareholders deficit is shrinkingI don't know if someone did have time to look into the Q3. Despite an $130m lost for the period, the total shareholders deficit goes from March 31st with ($594,8m) to ($126,7m) in 9 months. So, in 9 months the company reduced the shareholders deficit by $468m. That is included a huge Reorganisation cost of $79,5m in 9 month.
Despiste the company with Mr Gahn and his team management still struggling to keep this company above the water line, I hope they will be able to get rid of CCAA and Chapter 15 USA on March 4th.
As per the BFS, It is not over yet... DYOD and GLTA... Gaillard
SHAREHOLDERS’ DEFICIT Shareholders’ capital 12 $ 1,537,863 $ 1,537,863 Contributed deficit (10,189) (11,634) Accumulated deficit (1,749,527) (2,211,728) Accumulated other comprehensive income 95,475 91,069 Non-controlling interest (383) (392) TOTAL SHAREHOLDERS’ DEFICIT (126,761) (594,822) TOTAL LIABILITIES AND SHAREHOLDERS’ DEFICIT $ 1,542,453 $ 1,091,806