Re: unregistered
in response to
by
posted on
May 01, 2013 12:21PM
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
Entitled to proceeds? Link?
Why would Crystallex settle for being revoked? Why not settle for permanent suspension?
A supension stops trading and retains shareholder value.
Revoked means US shares are cancelled. Although, possibly fungible in Canada.
Today's PR discloses nothing of US shareholder entitlement. Why would that be?
Hope the best for all, but sure sure stinks of Crystallex doing the predicted end around on US shareholders. Notice, Crystallex had about five more weeks to negotiate the SEC settlement. But, Crystallex chose a couple weeks before the Stay for Bondie negotiation ends. If OSB/TSX follows suit, table is set to settle with Bondies.