Post by
AlwaysLong683 on Oct 04, 2022 6:39pm
There's Really Only Two Questions That Need To Be Answered
1) Will XBC come out of the CCAA process alive with a restructuring plan in place that satisfies creditors / the court, or will it be forced into bankruptcy / liquidation proceedings?
2) if XBC survives, will the common shares be worthless as a condition of the restructuring agreement?
Comment by
filoux004 on Oct 04, 2022 7:53pm
Or heavely diluted like Prometic Mr. A was CFO and the Thompson family as a creditor converting their debt into common Shares, the existing shareholders received ONE share for each 1000 shares. Peace