CanWest newspapers slight CanWest shareholders and Canadians, in limiting disclosure on the 1.2 billion CanWest sold 50.1% of Ten for. Nearly 600 million of CanWest debt attached to TEN buyer.
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Opportunity to mitigate newspaper malfeasance. CanWest shareholders consider legacies: donating past newspaper archives to Internet, opening up search engines to Canada's newspaper history. Able to donate a portion of the newspapers' pages -- a free speech right of way -- to print editorials of different points of view. Benefits readers and strengthens the Canadian economy. Possible to sell Canada's newspaper monopoly into a non profit. [Banks can lend 1.5 billion to non profit. Asper saves name, company, and fortune, and makes the nation smarter. Non profit top bidder in the great Canadian newspaper auction.]
Hundreds of millions in cash removed from CanWest, directly before voluntarily Ontario filing. Dishonest for company to voluntarily enter receivership -- and claim no operating funds. Fraud to claim to need a 25 million operating loan, and behind 100 million in interest payments, and need to rise 65 million in a reorganization --when the company had half a billion cash before going to court.
SEC CANADA Regulation. All public companies and their lenders agree not to remove assets and cash, from shareholder balance sheet, before voluntarily halting a stock, and filing a shareholder expropriation form. Ten's funds are escrow, and are to bridge CanWest's finance's until newspapers sold. Warning. DO NOT CHEAT SHAREHOLDERS.
When Canada's newspapers sold fairly, CanWest's assets remaining will be worth more than debt left. CanWest TV channels very profitable. CanWest coup defeated. http://www2.macleans.ca/2009/08/10/canwest%E2%80%99s-quiet-coup/
Sunday, January 31, 2010
Thursday, January 21, 2010
CanWest businesses made a profit in 09
CanWest: Operating income 196,786 (2009) 428,287 (2008) CANWEST GLOBAL COMMUNICATIONS CORP. 2009 CONSOLIDATED STATEMENTS
CanWest shareholders shares expropriated, though CanWest making an operating profit
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
CANWEST GLOBAL COMMUNICATIONS CORP.
(Under Creditor Protection Proceedings as of October 6, 2009
CONSOLIDATED STATEMENTS OF LOSS
FOR THE YEARS ENDED AUGUST 31
(In thousands of Canadian dollars except as otherwise noted)
2009 2008
(Revenue 2,867,459 3,126,582
Operating expenses 2,405,452 2,554,622
Restructuring expenses 72,158 20,715 extra
Broadcast rights write-downs 48,756 - extra
Retirement plan curtailment expense (note 24) 31,327 -
309,766 551,245
Amortization of intangible assets 7,978 9,040 not a loss
Amortization of property and equipment 104,590 113,539 not a loss
Other amortization 412 379
Operating income 196,786 428,287
Interest expense (324,672) (328,517)
Accretion of long-term liabilities (note 14) (109,196) (67,560)
Interest income (note 7) 2,445 21,946
Interest rate and foreign currency swap losses
(notes 12 and 25) (150,327) (53,991)
Foreign exchange gains (losses) (note 25) 277,952 (10,219)
Investment gains, losses and write-downs (note
20) 52,512 (31,652)
Impairment loss on property and equipment
(note 9) (32,418) -
Impairment loss on intangible assets (note 11) (226,341) (408,484)
Impairment loss on goodwill (note 10) (1,158,339) (596,895)
(1,471,598) (1,047,085)
Provision for (recovery of) income taxes
(note 19) 165,181 (23,318)
Loss before the following (1,636,779) (1,023,767)
Minority interest 3 (42,439)
Interest in earnings of equity accounted
affiliates (note 7) 1,181 39,989
Realized currency translation adjustments (718) 850
Net loss from continuing operations (1,636,313) (1,025,367)
Loss from sale of discontinued operations
(note 21) (8,755) (6,970)
Loss from discontinued operations (note 21) (44,201) (9,806)
Net loss from discontinued operations (52,956) (16,776)
Net loss for the year (1,689,269) (1,042,143)
CanWest shareholders shares expropriated, though CanWest making an operating profit
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
CANWEST GLOBAL COMMUNICATIONS CORP.
(Under Creditor Protection Proceedings as of October 6, 2009
CONSOLIDATED STATEMENTS OF LOSS
FOR THE YEARS ENDED AUGUST 31
(In thousands of Canadian dollars except as otherwise noted)
2009 2008
(Revenue 2,867,459 3,126,582
Operating expenses 2,405,452 2,554,622
Restructuring expenses 72,158 20,715 extra
Broadcast rights write-downs 48,756 - extra
Retirement plan curtailment expense (note 24) 31,327 -
309,766 551,245
Amortization of intangible assets 7,978 9,040 not a loss
Amortization of property and equipment 104,590 113,539 not a loss
Other amortization 412 379
Operating income 196,786 428,287
Interest expense (324,672) (328,517)
Accretion of long-term liabilities (note 14) (109,196) (67,560)
Interest income (note 7) 2,445 21,946
Interest rate and foreign currency swap losses
(notes 12 and 25) (150,327) (53,991)
Foreign exchange gains (losses) (note 25) 277,952 (10,219)
Investment gains, losses and write-downs (note
20) 52,512 (31,652)
Impairment loss on property and equipment
(note 9) (32,418) -
Impairment loss on intangible assets (note 11) (226,341) (408,484)
Impairment loss on goodwill (note 10) (1,158,339) (596,895)
(1,471,598) (1,047,085)
Provision for (recovery of) income taxes
(note 19) 165,181 (23,318)
Loss before the following (1,636,779) (1,023,767)
Minority interest 3 (42,439)
Interest in earnings of equity accounted
affiliates (note 7) 1,181 39,989
Realized currency translation adjustments (718) 850
Net loss from continuing operations (1,636,313) (1,025,367)
Loss from sale of discontinued operations
(note 21) (8,755) (6,970)
Loss from discontinued operations (note 21) (44,201) (9,806)
Net loss from discontinued operations (52,956) (16,776)
Net loss for the year (1,689,269) (1,042,143)
Tuesday, January 12, 2010
Potential buyers for Canada's newspaper assets include: the Ontario Teachers' Pension said Dominion Bond rating service
Call for the Modernization of how Canada picks its Prime Minister: anti pro rogue government
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Call for the two main federal Canadian government parties -- the Liberals and the Conservatives -- for their sitting party MPs to choose and elect both the Prime Minister and the Leader of the Opposition. Party politics should not subjugate party MPs dreams and ways for a strong Canada. A sincere Federal Liberal leader Michael Ignatieff, protesting the proroguing of Parliament, can lead and ask fellow Liberal MPs to elect the standing Leader of the the Official Opposition. Historic opportunity. New and old parliamentry democracy tradition. Canada's founder, the United Kingdom parliamentary system decides who is the British Prime Minister in this fashion.
Bond rating service philosophy and advice on best bond rating service possible: is allowing information to flow. Real nuts and bolts of real bond rating work actually done by individual investors engaging material; and therefore, investors knowledge is the economy in a sense. Canada needs fair newspaper comment, aka a modern disclosure network in Canada's newspapers. Economics based on the communication of economic information. Marvelous way for retired Teachers to give back and share their knowledge. Whether Canada is poor or rich directly dependent on Canada having a fair newspaper information disclosure matrix.
Opportunity given, stock market guardians, to protect Canada's interests and nation's wealth, by modernizing Canada's newspapers by selling the newspaper IPO as a debt free newspaper chain. Joke that Canada federal deficit this year, one week of deficit of minus billion, equal to purchase the Canada's flagship newspapers, the main source of Canada's facts and figures.
Globe and Mail quote, "Potential buyers for the newspaper assets include other media and financial firms, said Chris Diceman, a senior vice-president at Dominion Bond Rating Service.
They could include media companies Torstar Corp., Rogers Communications Inc., CTVglobemedia and Quebecor Inc. Interest may also come from insurance giant Fairfax Financial Holdings Inc., conglomerate Onex Corp. and the Ontario Teachers' Pension Plan."
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Call for the two main federal Canadian government parties -- the Liberals and the Conservatives -- for their sitting party MPs to choose and elect both the Prime Minister and the Leader of the Opposition. Party politics should not subjugate party MPs dreams and ways for a strong Canada. A sincere Federal Liberal leader Michael Ignatieff, protesting the proroguing of Parliament, can lead and ask fellow Liberal MPs to elect the standing Leader of the the Official Opposition. Historic opportunity. New and old parliamentry democracy tradition. Canada's founder, the United Kingdom parliamentary system decides who is the British Prime Minister in this fashion.
Bond rating service philosophy and advice on best bond rating service possible: is allowing information to flow. Real nuts and bolts of real bond rating work actually done by individual investors engaging material; and therefore, investors knowledge is the economy in a sense. Canada needs fair newspaper comment, aka a modern disclosure network in Canada's newspapers. Economics based on the communication of economic information. Marvelous way for retired Teachers to give back and share their knowledge. Whether Canada is poor or rich directly dependent on Canada having a fair newspaper information disclosure matrix.
Opportunity given, stock market guardians, to protect Canada's interests and nation's wealth, by modernizing Canada's newspapers by selling the newspaper IPO as a debt free newspaper chain. Joke that Canada federal deficit this year, one week of deficit of minus billion, equal to purchase the Canada's flagship newspapers, the main source of Canada's facts and figures.
Globe and Mail quote, "Potential buyers for the newspaper assets include other media and financial firms, said Chris Diceman, a senior vice-president at Dominion Bond Rating Service.
They could include media companies Torstar Corp., Rogers Communications Inc., CTVglobemedia and Quebecor Inc. Interest may also come from insurance giant Fairfax Financial Holdings Inc., conglomerate Onex Corp. and the Ontario Teachers' Pension Plan."
Sunday, January 10, 2010
Alaska like purchase: TransCanada Shareholders consider the acquistion of a hot 182,000 sq km island as a Green Energy Investment
For Sale 150 million dollar island bursting with heat: excellent opportunity for Utility Company to diversify into clean energy and earn clean energy carbon credits
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
http://www.privateislandsonline.com/san-jose-island-mexico.htm
[Island pictures shows island well elevated above sea level.]
Mexico green energy contribution. Incredible opportunity to create tax revenue for Mexico and offer good paying jobs, and treat employees with respect.
Solar balloon electricty generators, sterling solar engines, and sea raisers( ocean hydraulic rams) perfect for island on the Baja California Peninsula; Water near boiling, can create more energy than it takes in additional energy to make steam.
Company can also lease area to other utility companies. Construction bonus. Can build most of infrastructure from raw materials with domestic labour. Takes time to build locally millions of sterling solar engines and solar balloons. http://news.mongabay.com/2007/0221-coolearth.html Link:Solar balloons mechanics] Quote" CoolEarth Solar says its inflatable mirrors are 400 times cheaper than polished aluminum mirrors, cost $2, can be repaired with tape, and are replaceable in 15 minutes. "
Sales brochure [km2 = 247.105 acres][= nearly 50 million acres]
"The largest island for sale in the World: Its surface area is 182,962km2(70,642sqmi),the sixth-largest island in Mexico. "
"The coast and islands of the Baja California Peninsula in the sea of Cortez, Mexico, are among the most beautiful and captivating regions in the world. Not only for its secluded coves and wide sandy beaches or its crystal warm waters and breathe taking landscape, but also, for its diversity of land and sea flora and fauna. "
Offer more to purchase right.
"After careful planning, the owners established a strategic plan that allocates 98% of the property for an Ecopark and 2% for tourist development and infrastructure. The development of 2% of the property does not put in jeopardy the species of flora and fauna of the island, since they are all well represented in the rest of the property and most of the Baja peninsula."
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
http://www.privateislandsonline.com/san-jose-island-mexico.htm
[Island pictures shows island well elevated above sea level.]
Mexico green energy contribution. Incredible opportunity to create tax revenue for Mexico and offer good paying jobs, and treat employees with respect.
Solar balloon electricty generators, sterling solar engines, and sea raisers( ocean hydraulic rams) perfect for island on the Baja California Peninsula; Water near boiling, can create more energy than it takes in additional energy to make steam.
Company can also lease area to other utility companies. Construction bonus. Can build most of infrastructure from raw materials with domestic labour. Takes time to build locally millions of sterling solar engines and solar balloons. http://news.mongabay.com/2007/0221-coolearth.html Link:Solar balloons mechanics] Quote" CoolEarth Solar says its inflatable mirrors are 400 times cheaper than polished aluminum mirrors, cost $2, can be repaired with tape, and are replaceable in 15 minutes. "
Sales brochure [km2 = 247.105 acres][= nearly 50 million acres]
"The largest island for sale in the World: Its surface area is 182,962km2(70,642sqmi),the sixth-largest island in Mexico. "
"The coast and islands of the Baja California Peninsula in the sea of Cortez, Mexico, are among the most beautiful and captivating regions in the world. Not only for its secluded coves and wide sandy beaches or its crystal warm waters and breathe taking landscape, but also, for its diversity of land and sea flora and fauna. "
Offer more to purchase right.
"After careful planning, the owners established a strategic plan that allocates 98% of the property for an Ecopark and 2% for tourist development and infrastructure. The development of 2% of the property does not put in jeopardy the species of flora and fauna of the island, since they are all well represented in the rest of the property and most of the Baja peninsula."
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