Allen-Vanguard Rescue Board Message Board

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Technology Stocks : Allen-Vanguard Rescue Board

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From: beaverfever	12/12/2009 10:30:11 AM
	1 Recommendation of 724

Benefits ARE available to Allen-Vanguard management in the deal !!! Go to www.SEDAR.com search public companies, Allen-Vanguard, Look at the Alternative monthly report posted Oct 9th. Note the explanation (Cover Letter) posted Oct 9th by Elizabeth Preston CLO of Allen-Vanguard, you will read "...additional back-ground on the transaction..." Scroll to Page 7 of the Alternative monthly report, note the "Tail Period" reference permitting Allen-Vanguard to complete an alternative transaction within 12-18 months. Luxton and Allen can allow the deal to close with Versa (Contego) and take it back in 12-18 months, paying a small fee for holding the deal to Versa of 7.5 million. 12-18 months they have the opportunity to refinance, becoming private owners of all the assets of Allen-Vanguard. I wonder if this tidbit is being considered by the CCAA or the courts ?

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