company ceases to beneficially own

Rayzz,

All I am saying is some event caused them to file their Notice of Application on 12/9.

Whatever this recent event is, it cannot be less harmful to KRY's ownership than Ortega's denial.

So I am wondering why did they file now when KRY is less able to fulfill its obligation to them than if they filed in May.

In May, if they had prevailed, they could have caused KRY to liquidate and they would have received the full measure of what was owned them.

Now, I would think, the only way they can come out whole is to negotiate an agreement with Crystallex which would force KRY to pursue a buyout strategy.

At this point in time how else can the bondholders get what is due them?