RE: This doesn't make much senseHi Dano.
I am not sure that I read the press release the same as you. It sounded to me like the Oct 23 deal wont go through. Instead, they did a PP at 22.5 cents and are paying off the creditor in cash from the proceeds of that PP. I did not get the impression that the creditor was the subscriber to the PP. I would be surprised if that was the case.
I sent IR (Blake Fallis) an email asking for clarification. He replied, "if it is not in the news release or on Sedar or on the web site, it is not public knowledge." Must be a great job. Anyone asking questions gets a link to Sedar on the web and told to look and if it is not there then you are not allowed to know. What is up with that. I have sent e-mails to other companies and if the IR guy could not answer the question, he sent it on to someone that could. I did not ask anything that should be private.
Has anyone else asked IR anything and actually received an answer?
Lamont