New item posted under Motion Materials on E&Y site
Looks like there is a court hearing 2/26/14 to decide whether a couple of claims filed after the deadline should be dismissed. I assume if they are dismissed the distribution to shareholders should follow shortly after.
I have emailed them using the contact on the E&Y monitor page and they have always gotten back to me. The last time they answered in just a couple of minutes. Never tried calling them on the phone though.
Any idea as to what this distribution might amount to if these claims get dismissed? Also, might you know why I did not previously receive a claim form as to my eligibility to the prior settlement (shares were purchased in July 2011)?
There is $9.4 million left which divided by the number of shares is roughly 2.5c a share. As far as the lawsuit settlement I don't have any insight into how that worked. The claims I mentioned above are by Oil Sands Quest creditors not shareholders.