UBS lawsuits are still in place and will be in court soon, Mcgoey is confident about the outcome. It's was funny when he mentioned Bell clain LOOK owes then 10-Mil but LOOK claims Bell owes them 25-Mil.
If the big three don't take advantage they definitely will be inviting big competition. Remember when he made reference to Orange data transfer today as of yesterday...well the big three better listen up.
About the FO rules, he said there are ways to get around that and it wouldn't be a problem. From the data demonstrated....I won't be out of line here to say 1.5-bil is a give away. The 300-mil tax credit could worth as much as 120-mill to any company that has a huge income. It's crazy to believe some assume the total asset worth 250-300-mil.
Probably some investors were looking for Mcgoey to make a crazy senario so they can get a pop in the stock price but the men in suits were there for a different reason and there were lots....'how they can take this bull by the horn'.
We have 32.5 days for bids to reach the court monitor but there must be ppl within the circles who will be trying to accumulate using their bids to figure out a value for the stock. Better again within smaller companies more loose lips will exist.
I admired how serious the guy was to partner with someone who handed Mcgoey his business card. I believe he said he came from Montreal. Yes, this might be the only company on the market right now to have a story going. But remember Feb 16 at 12:00PM the bell will toll and court monitor will hand over the bids.
GLTA....