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To: downandout who wrote (48536)6/13/2018 7:32:34 AM
From: kidl  Read Replies (1) | Respond to of 49402
 
You sure there was no IVI / SCD connection?
Message 30331097



To: downandout who wrote (48536)8/30/2018 3:55:33 PM
From: kidl  Respond to of 49402
 
Intema Restructuring Plan

MONTREAL -- (Business Wire) --

Intema Solutions Inc. ("Intema" or the "Company") announces that the Superior Court of Quebec (Commercial Division) yesterday, August 29, 2018 allowed its request for the issuance of a initial order under the Companies' Creditors Arrangement Act (the Bankruptcy and Insolvency Act, Part 1 Proposal) (the "Act"). The Company intends to use the provisions of the Act to prepare and present an arrangement to its creditors. Under the terms of the order, Demers Beaulne Inc. will act as court-appointed trustee in the proceedings under the Act and will assist the corporation in developing its restructuring plan. The company has not yet developed a restructuring plan. The Company's management intends to make regular updates with respect to its restructuring plan.

As a result of current circumstances, the Corporation's board of directors has determined that, because of the current situation, it was in the best interest of its shareholders, employees and creditors to be under the protection of the Act.