Looks like it will now be May 31 with the Stay extension.

According to the Ninth Monitor Report: http://documentcentre.eycan.com/eycm_library/Project%20Gem%5CEnglish%5CMonitor%27s%20Reports%5CNinth%20Report.pdf The company would be illiquid on or about May 17. Additionally, the Monitor's Ninth Report features a contract attachment showing Crystallex giving Tenor KRY Operatief U.A. full control over all future Crystallex funding. Apparently, Crystallex obtained two more weeks of lunch money from Tenor KRY Cooperatief U.A.

CCAA regulations indicate that equity holders of an illiquid company hold no meaningful interest, as well as have no right to vote on the Plan of Arrangement/Compromise. This has been historically followed by CCAA judges. If the judge allows equity holders to vote on the Plan, might be a positive. For once. Some DD reveals there is a high probability of new equity being issued. Not a good thing to read. However, knowing the worst might help to become mentally prepared.

Should commons survive CCAA, Tenor KRY Cooperatief U.A. has, as noted before, full control of all future Crystallex funding. All without disclosure. Tenor KRY Cooperatief U.A. received a third of the arbitration proceeds, to get Crystallex this far - about a year and a half - with some time to go for ICSID and additional time to collect, still necessary. Additional compensation or arbitration proceeds going to Tenor KRY Cooperatief U.A., for future Crystallex funding, might be speculated from that.

According to the February 13 signed court order, Crystallex was to reply to the Bondholder's Plan, and attend mediation to formulate a Plan of Arrangement/Compromise. Neither party was to file a motion without consulting the judge. When motions appear on the Monitor's site, it may be indication of a Plan agreement. If a material event happens (defined in CCAA regs), it is to be disclosed by the Monitor within two business days after filing. The monitor has always been lax in their disclosure, but a week for this Stay extension is excessive. May have something to do with how CCAA views equity holders of an illiquid company. The news media will likely announce any truly significant event before it is posted by the Monitor.