If you listen to the audio of the Calgary meeting in Mar, 4 months prior to the lapse, you will see that Lori knew that Hi Ho had financial difficulties. She states in that audio at that meeting that, we may be getting part of the Carmi back or even all, that there was something going on with it that she couldn,t talk about.
So it looks like around 80k might have saved the properties and I believe around that time we had around 4 million in the treasury. It appears that Hi Ho paid or struck a deal with some of the new owners to get some of it back, some of the new owners were Dorian Leslie and James Thom, the latter being one of our geos for the Tesoro and the former being the guy that constructs, maintains and built our SLI home website.
So why didn,t Lori save these properties when she had the chance and apparently knew in advance that there was a problem? This could be considered negligence imo, a breach of fudiciary duty to the shareholders.