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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

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AGORACOM NEWS FLASH

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.

Sincerely,

George et al

Message: Latest Ernst & Young - 29th Report of Monitor, Nov. 25, 2018
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OK you are right. It seems the class B (so-called special LAC shares) are what gives Tenor control as they confer voting rights pari passu with commons but such that each % of LAC shares gives 1% of voting rights so if Tenor now have 88% of LAC shares they have 88% of voting rights. They can still convert these shares to commons and may do so for tax reasons. (Not sure why they call them LAC - usually means Latin America and Caribbean, maybe because of VZ?).

The LAC shares also get 0.001% of any distribution so we lose out again.

My guess for final payout to commons? More than 10 cents and less than 24 cents. Above 10 cents puts a bunch of warrants / options in the money, some held by Fung.

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