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A leading Canadian developer of high technology and a producer of advanced materials and nanomaterials

Message: Re: Raymor Investors Action Group formed

Could someone explain how a Supreme Court accepted the disolution of a robust company called Raymor Industries Ltd. Dissolved the millions invested by investors and then mysteriously started up with a new investment from directors? Has an appeal been launched?

So what about the creditors? What about the 8000 shareholders? I could understand losing the shares if the company completely dissolved, but able to start up, trade and continue with the same name....something is not right? My gut feeling. Can someone fill me in on this apparent injustice?

Does this sort of thing happen elsewhere in Quebec?

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