Buckeyes - We will have to wait until the end of the day on May 13th to see if there is any disclosure before we jump to any conclusions. Hepa granting an extension will keep us out of default as it has for the past 2 years. The most recent MD&A clearly stated that we were at dire financial risk.
We have been living in suspended animation ever since we failed BoM. Some could argue it was way earlier than that.
Yes this is material information but they have until the end of the day on May 13th, Maybe even the morning of May 14th to inform us of any resolution.
The "cure" period. We have never seen the debenture document so we have no idea of what clauses have been built in. Interesting catch on that potential "cure" period there Buckeyes.
This company has never been exceptional at being shareholder friendly and this whole situation just continues to reinforce many shareholders opinions.
tada