Just Energy Group Inc. (JE)

(http://cfcanada.fticonsulting.com/justenergy/docs/Responding%20Motion%20Record%20of%20U.S.%20Class%20Counsel%20%20-%20August%2010%202022.pdf)

29. Notwithstanding the foregoing, my analysis and review of the recently released
annual report for the fiscal year ended March 31, 2022, which shows USD $194 million
of equity value, suggests that there is sufficient value in the Applicants to compensate
unsecured creditors, and I believe that it may be possible to find a party that is willing to
sponsor the Unsecured Creditor Plan, which would pay secured creditors in full, and
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provide a recovery for unsecured creditors, given enough time. Indeed, I and other
members of the U.S. Class Counsel team have been contacted by a number of parties
who have expressed an interest in filling that role, and we are currently working with a
serious financier to that end. We are currently working to present the Unsecured Creditor
Plan by the Qualified Bid Deadline.

Interesting.....

Stephen, I agree with you about the delay. This is unbelievably great news. Delays are the best benefit the retail investor-you & me-can get in this time to prevent our shares from getting cancelled by the disreputable & possible illegal takeover attempt by creditors. Delays are protecting our interest. The courts have already delayed their decision due to inaccurate company valuations. Just Energy has been a profitable company for many years. I compare the current situation to PCG. When our shares return to $10+ within the next 2 years, you will thank the investment gods for all delays until the ERCOT settlement distribution is received by JE.