well...it is halted.......are they going to re-open with a new symbol? gambler u got it?
post #141 of 282
1/14/09 at 2:54pm
Long 60000 NT at 0.08 for a lottery play. Let's see where this goes.
|Canadian Industry Minister Tony Clement said in a statement Wednesday that the federal government "appreciates the importance of the telecommunications industry to our economy and will continue to work with Nortel during its restructuring through Export Development Canada."
"EDC has agreed to provide up to $30 million in short-term financing through its existing bonding facility and is open to discussing with Nortel post-filing financing in conjunction with other financial institutions," he said.
"Nortel has stated that it has every intention of emerging from this restructuring under the CCAA as a viable business. We will monitor its progress closely."