Well here is the response I got from Peter Block. Not much new in it. Wait and see, like we have been doing for 5+ years.

"Hi Edward,

I am well – thanks – hope you are too!

The wind-up of Look’s subscription business continues on course. The company is expecting to have transferred its television and internet subscribers over to other providers by November 15. This is something that is all being done under a regulatory process established by the CRTC. Additionally, efforts continue to try to monetize the tax attributes.

As to what happens to the company next, the Board will be making a decision (and announcement) on that, though I don’t have a specific date. Keep in mind that the transaction closed quite soon after it was first announced. The deal was structured in such a way that, depending on the regulatory approval process, could have taken up to three years. The parties certainly thought it could be left open at least until 2010 which is why Inukshuk was scheduled to make another payment by Dec. 31/09. And, until the final $80m was paid, there was always a chance that the deal would not go ahead. The regulator could have said no or Inukshuk could have walked away. The deal closed September 11, so it has only been since then that the Board has known that it would receive the full $80 million and that the spectrum was no longer Look’s.

Regards,

Peter"