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Bullboard - Stock Discussion Forum Guestlogix Inc T.GXI.R

Industrials Business Services

TSX:GXI.R - Post Discussion

Guestlogix Inc > Aug 5th should be the day of completing the sale of OpenJaw
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Post by mingzhu on May 17, 2016 5:11pm

Aug 5th should be the day of completing the sale of OpenJaw

after that, Gxi will decide either to relist or sell the whole company. If it is relist, share price should be in 0.20s. If it is sale, price will be in 0.40s. There was no need to go to CCAA, but Debenture holders forced GXI to it perhaps it wanted to get back its 20 m investment quickly for other investment.
Comment by displayname1 on May 18, 2016 2:59am
didn't they try to sell it already? 
Comment by Growthandprospe on May 19, 2016 12:46pm
This is already sold and closed on May6th. Now they have to decide on what to do with the rest of the Company. Get new financing or sell by Aug 5th.
Guestlogix Inc