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Technology Stocks : Allen-Vanguard Rescue Board

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From: beaverfever10/4/2009 4:37:44 PM
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Can this deal actually hold together if EDC rules there is a conflict of interest or ethics compliance ?

Does Allen-Vanguard have a back-up plan?

Will we go to CCAA for creditor protection and publicly advertise an asset sale ?
(On a sale of individual assets, we shareholders would likely get paid !!!)

Will the lenders cover the financing shortage if EDC bails?
Will Versa have to actually cough-up some cash ?

What will Allen-Vanguard do to keep the Versa deal alive;
will CFO Peter Allen have to resign to avoid EDC conflict of interest ?
or will Robert Ryan also have to go to avoid EDC conflict of interest ?
Allen-Vanguard doesn't really need a CFO, or Luxton for that matter.

Maybe if Luxton departs, his conscious will allow him to get some sleep at night ?

Interesting days ahead, definitely more to follow - we shareholders may have a "surprise or two" coming !!!
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