Hyduke Energy Services Inc. HYKCF

Q3 MDA

[albertan33]

Anyone who thinks book value represents any value in this p.o.s., see their disclaimer in latest MDA.

If for any reason the Company is unable to continue as a going concern, it could impact the Company’s ability to realize assets at their recognized values, in particular inventory, intangibles, property, plant and equipment or other assets to meet liabilities in the ordinary course of business at amounts stated in the consolidated financial statements.

[philoex]

Thanks Albertan.  It's good that we all be reminded of this.  But at the same time, we kind of all know it.  When you can't keep going as a going concern, the creditors (in theory) put the lock in the door and sell all your sh__ at firesale prices in order to retreive the capital they lent out, and no more.  However... ... however, this is where the process (always

[Xiiillp]

Q3 is long gone at this point.  western is bankrupt. this we knew.  a new facility has been put in place, and property in nisku has been sold.  This very well could provide liquity as they find projects to replace  altagas.  Assets are usless if they are not being utilized. take the machinerary and produce produce produce.  with the upgraded new facilities, it much