Just wondering if there's anyone else that's an investor with Shire? I admit that I invested with them many years ago.
The ASC issued a temporary stop trade against them recently, and finally after 3 years of silence all of a sudden there's a flood of communication how they're working to the investor's interests and are restructuring.. lol..
After 3 years and raising $70+ million none of the 10 projects they've started have had any construction begin, or even have construction financing secured.. some cases the land is being sold off. In some cases there is no money left in the project.
Doesn't look very promising. I've mentally written off my (not trivial) investment. Live and learn.
http://calgary.ctv.ca/servlet/an/loc...ub=CalgaryHome
If anyone else has invested in or knows of someone who has invested in this, forward them this link:
http://shireinvestor.blogspot.com/
Basically some people have decided that there's sufficient evidence of wrongdoing to support a civil class action style lawsuit and retained a pretty experienced lawyer. So anyone who's a bond holder might be interested, if nothing else she's got all the info in one place.