Re: Crystallex wins U.S. court order to seize Venezuela funds
in response to
by
posted on
Aug 26, 2017 11:37PM
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
I don't think the opt in process is over. I got a message the other day from someone who just opted in.
I would imagine that Gowling will start to become more visible in their actions now that we are nearing the money. Paau mentioned that Gowling may cause a delay in getting paid. we filed for CCAA in 2011 and it is now 2017. Given the example of $12000 to $50000 which means picking up 3 or 4 times what we are currently going to get, I have no issue waiting just a bit more for my fair share.
Paau mentions how it will cost shareholders money for the company to fight in court. That may be true but remember that currently for every $100,000 the shareholders are only responsible for $12000 and Fung and Tenor are responsible for $88,000. That seems like the only thing where by abusing us they are also abusing themselves.