CAI 0.00% 11.5¢ calidus resources limited

Ann: Administrators Appointed, page-9

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  1. 82 Posts.
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    Doesn't anyone else think the timing is strange?

    MAH allegedly submitted a letter of demand during the quarter where production rates have seemingly improved and they would have intimate knowledge of this. Again, I need to see the production report this week to confirm.

    I think this might be a play by MAH to convert their debt into equity or a convertible note. Otherwise, CAI and MAH would have agreed to a payment plan. Pure speculation.

 
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