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Bullboard - Stock Discussion Forum 2242749 Ont Ltd. AIIFF

Industrials Engineering & Construction
"2242749 Ontario Ltd is a infrastructure and construction company, combining engineered solutions, relevant advice, dedicated people, products and a national presence with a local focus on exceptional customer service."

GREY:AIIFF - Post Discussion

2242749 Ont Ltd. > I guess anyone still holding shares can now...
View:
Post by duckdog68 on Apr 29, 2015 10:43am

I guess anyone still holding shares can now...

wipe their a$$ with them.

Brookfield Transaction
Comment by retirebefore50j on Apr 29, 2015 10:50am
You are right.  900 bucks down the toilet.
Comment by duckdog68 on Apr 29, 2015 11:01am
Seeing as Management and the Board have also had to kiss large numbers of shares/options goodbye, I wonder what "parting gift" for them is hidden in the "Brookfield Transaction"?
Comment by alkhor on Apr 29, 2015 10:58am
Now it really gets complicated. As part of the CCAA proceedings, there will be a chance for everyone to submit for money owed to them from Armtec. When I bought debentures a month ago, I paid the interest to the seller on behalf of Armtec so I will be putting in a claim for this. Also, they will need shareholder approval for the deal as they are selling all their assets, fat chance of getting this ...more  
Comment by roniejames on Apr 29, 2015 4:54pm
wow alkor you really are related to Kherson, only buying stuff that goes to zero.
2242749 Ont Ltd.
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