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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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Message: The Monitor's Report on the Settlement Payments Published today

The payment details pub lished today (only though Dec. 2020)

Total payment through Dec. 2010 $478.1 million (payments after 2010 not listed)

Monthly payments from Feb. 2018 through Dec. 2020 = $7.5 million (what a joke!!!)

My take:

a.- Vzla. continues to play Fung like an idiot! Remember he waited three years to file the ICSID claim just because he kept being told by his VZLA. cohorts that evrything was going to be fine!!!

b.- Tenor will continue to charge 70%+ interest on the DIP loan and thus continue to dilute its risk of a criminal interest rate charge,

c.- Fung and his cohorts will continue to earn millions of dollars in comenpensation for years to come for doing nothing!!

The shareholders are once again screwed by Fung and his cohorts with their cozy quid pro quo.

http://m.uploadedit.com/bbtc/1513723191954.pdf

http://m.uploadedit.com/bbtc/1513723549689.pdf

 

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