2242749 Ont Ltd. AIIFF

Armtec, will not make the $6,656,250 semi-annual interest

[HRc60to65]

It will be default, that will request BK protection

[2Greying]

Who actually holds the notes? Does it make sense the Brookfield transaction date is May yet the cure date expires earlier....surely they are aware of the gap time? Can't see any way around bankruptcy...even if someone wants to buy them why not wait till bankruptcy and just bid on what you want....remember this gets around the union issues

[poorgrammar]

lol... u short on this stock?  I feel its way too early for a mojor for die.  Company just announced 14c eps last quater. Revenue prediction for 2015 is more robust due to weaker dollar and low enercy cost. Its not that easy to file banko when you have a revenue stream Call BMO will be accumulating at this point Recently INA, MBC they all got  a deal 

[HRc60to65]

As mentuion in the new release, Brookfield is the operating lender. Brookfield called all the shoot. Brookfield has decided, all cash transfert from ARF to himself Brookfield, in the form of fee to extend convenant. But ARF didn't need those loans warranty but has the obligation to take it and to pay. It is like shyloking, I promise to loans you 10M$ in the next 3 months, without any condition