Welcome to the Crystallex HUB on AGORACOM

Crystallex International Corporation is a Canadian-based gold company with a successful record of developing and operating gold mines in Venezuela and elsewhere in South America

Free
Message: Re: March 5th
5
Mar 28, 2012 03:25PM
4
Mar 28, 2012 03:32PM
1
Mar 28, 2012 03:33PM
2
Mar 28, 2012 03:35PM
3
Mar 28, 2012 03:39PM
2
Mar 28, 2012 03:51PM
3
Mar 28, 2012 03:53PM
3
Mar 28, 2012 03:58PM
2
Mar 28, 2012 03:58PM
4
Mar 28, 2012 04:08PM
1
Mar 28, 2012 04:23PM
4
Mar 28, 2012 04:28PM

Long-

I think the link I provided, and the paragraphs posted, pretty much spell it out. Not voting in favor of the Plan means the Stay is lifted, which is something the company does not want.

If there is some DD other than what RM said, and maybe a link showing that the creditors do not vote on the Plan, I would be more than happy to agree with you. But, of the numerous sites out there spelling out the steps involved for CCAA, the one thing that always is part of the process is that the creditors, that being the Noteholders, get to vote on the Plan.

Although, what RM says makes sense, and could have been a slip, if the Noteholders and insiders already agreed to something. However, RM is in a tough position and likely knows as much as commons do.

2
Apr 03, 2012 08:21PM
2
Apr 03, 2012 10:56PM
5
Apr 04, 2012 11:43AM
Share
New Message
Please login to post a reply