"Further to the status update posted on October 2, 2015, the Monitor is now in the process of implementing the Plan. The majority of Affected Creditors (including the former employees) have now been sent distribution cheques. There remains a small number of creditors whose claims remain in dispute and/or subject to change, either in quantum or in nature, for whom the Monitor has withheld payment pursuant to the Plan."
Once this entire saga concludes, and if MNQ is still valued at a $4 million by the market, there will be no question as to our company receiving offers for a takeover at a substantial premium to current levels.
No question about it.
Above IMO
MNQ Price at posting:
2.1¢ Sentiment: Buy Disclosure: Held