Guestlogix Inc T.GXI.R

strategy for shareholders

[mingzhu]

threatening to suit the new entity of GXI and entangle them in a long court fight in order to stop 3 private cos from buying GXI. under such threats, thw private cos will hesitate to buy. If that happens, the business will deteriorate rapidly and end up worth nothing. Load holders face 2 options: 1, settle with shareholders with 0.36 on the dollar for them and 0.19 for shareholders(25.3 m = 19 cents) now ; or  end up with nothing for botrh of us later. 

please spread this message to as many shareholders as possible if you can reach them.

[Growthandprospe]

Are we the shareholders that would get 0.19 or 0.36 under this scenario?

[kidroc01]

I don't think us the equity holders would get anything though this bankruptcy process. What usually happens is that, as “displayname” suggested, the company will be separated into two entities, a good and a bad company, with the bad one being held by equity and debt holders. Unless the bad co has much more assets than debt, the equity holders will end up getting nothing. 

[displayname1]

Good luck. My own thoughts are that any takeover intention (not specifically GXI either) is to get as much as possible for your money and give away or return very little.  The give-away part to be as close to zero as possible.  If you can see a legal way to give away zero then my expectation would be that that will be the route to be chosen.