Re: RM & Revoked Shares

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

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jcwillis

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Re: RM & Revoked Shares

in response to

Re: RM & Revoked Shares

osmo

posted on Dec 03, 2013 12:09PM

Thanks for the update. Seems there is significant ambiguity in RM's reply.

In number "3" it does not outright say anything about commons receiving anything. The only respective groups ever mentioned in Crystallex disclosures as receiving something from the arbitration proceeds were Management, Tenor, Bondies, and other debtors.

In number "4" that would be basically true with unrevoked stock. The process is a bit more complicated because DTC/DTCC/FINRA hold the trump cards, not the transfer agents.