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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: Lawsuit

Basically Adelso is asking the court to make sure Crystallex is asking for the correct amount to be collected instead of what the special master has listed from Crystallex. The bonds are worthless that they recieved whenthey had an agreement that VZ broke. Adelso puts the correct amount owing at different numbers depending on which method is used.

Page 10 explains the amounts. If the $320 million in bonds is not valid since VZ did not complete the settlement the amount is around 2 billion which is what I have suggested many times. Using the best case Adelso says $2.2 billion.

He also lists again the actions where Tenor and Crystallex broke the law to hurt shareholders.

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