Post by
Nanuk37 on Dec 31, 2019 4:12pm
Court documents- Missing guidance to shareholders
After going through the Superior Court documents it is stated that following the reimbursement court order the Bonds to the bonds trusties, Nordics was holding a 100 millions assets warranty against NMX while mitigation get resolved. Witch prevail NMX from getting any financing agreement in the meantime, such as a deal with Pallinghurst. To me this is the kind of information that any shareholders would of benefit. Personally if I would of been made aware of the fact that NMX couldn’t legally close the deal with Pallinghurst a while back when the company was being informed through the litigation process with Nordics bonds (which probably explain the LOI extension period) I would of been able to make a clearer decision as a shareholder. Just saying