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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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Message: More come knocking.

Pau,

The waterfall or Mechanics of Distribution was published by the Monitor in his 18th (Amended) report by order of the CCAA court. You can get it through this liknk...

https://documentcentre.eycan.com/eycm_library/Project%20Gem/English/Monitor's%20Reports/018.%20Eighteenth%20Report%20of%20the%20Monitor,%20dated%20September%2011,%202016/Amhended%20and%20Restated%20Eighteenth%20Report%20of%20the%20Monitor%20(redacted).pdf

Everybody would be well advised to gain a full undertsanding of the Mechanics of Distribution: what is or not included in the NAP, who is entiltled to what and when, who gets paid and when, what are the terms under which the distribution can be made (e.g. pari passu, pro rata, etc.). Not knowing these things can cost you a pretty penny. 

The revised settlement agreement was disclosed by PDVSA's legal counsel in their motion to stop KRY's request to expedite the appeal to the 3rd. Circuit of the Delaware Court order authorizing the sale of the CITGO shares. The details are now out and will likely be made widely avialable to the public sooner than later, given its newsworthiness. 

You are right, the biggest fear out there is about the threats to Tenor and the kry directors on Tenor's payroll, and the costs involved, monetary and otherwise. It would not suprise me to learn one of these days that any of these people died from a heart attack.

As a result, I suspect we will soon see a number of moves, misinformation, lies and threats to cow shareholders into selling their shares for pennies, so that they can eliminate the threat that keeps Tenor, KRY and the lawyers looking over their shoulders. 

 

 

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