Settled

Welcome to the Crystallex HUB on AGORACOM

Crystallex International Corporation is a Canadian-based gold company with a successful record of developing and operating gold mines in Venezuela and elsewhere in South America

Dear Agoracom Family,

I want to thank all of you for your patience with us over the past 48 hours and apologize for what was admittedly a botched launch of our new site.

As you can see, we have reverted back to the previous version of the site while we address multiple forum functionality flaws that inexplicably made their way into the launch.

To this end:

1.We have identified 8 fundamental but easily fixable flaws that will be corrected in the coming week, so that you can continue to use the forums exactly as you've been accustomed to.

2.Additionally we will also be implementing a couple of design improvements to "tighten up" the look and feel of the forums.

Have a great Sunday, especially those of you like me that are celebrating Orthodox Easter ... As well as those of you who are also like me and mourning another Maple Leafs Game 7 exit ... Ugggh!

Sincerely,

George et al

Reply New Message

Prev Message Back To Forum Threaded View Next Message

auntierooski

Rank: Vice President [?]

Points: 3972 [?]

Votes: 40 Score: 3.0 [?]

Your Vote:

Please Log In to Vote

Did you know? You can earn activity points by filling your profile with information about yourself (what city you live in, your favorite team, blogs etc.)

Settled

posted on Apr 01, 2017 10:47AM

Date: April 12,2019

Caracas, Venezuela

BUSINESS NEWS FLASH

It was reported today that Gowling, Tenor and Venezuela completed 2 months of tough negotiations regarding the US$1.4B award given by ICSID and asked Gowling to bypass the courts.

Venezuela agreed to pay out $1.2B as a final settlement of the award saving themselves $200,000,000.

Between Tenor and Gowling, Tenor asked Gowling to remove their lawsuit from all courts and they would give Gowling $300,000,000 plus cost. Since all shareholders represented by Gowling amounted to 100,000,000 shares each share would be worth $3. Gowling agrreed to that and settled out of court.

When Gowling was asked what about the other 300,000,000 shareholders who would not get any money they replied they have no counsel representing them and the case is now settled.

Gowling said what a great Easter present this is. Expect disbursment by Christmas.

After almost 10 years of litigation the Crystallex/Venezuela lawsuit is finally over.