Yellow - Comparison

http://www.stockhouse.com/Bullboards/MessageDetail.aspx?p=0&m=31044576&l=0&r=0&s=YLO&t=LIST

For those trying to seek a comparison:

http://en.wikipedia.org/wiki/CanWest_Global

$4billion in total debt

$197M in yearly EBITDA in 2009 (vs $428M in 2008)

CCAA in October 2009

Stock traded until Oct 2010, ended at 5 cents per share. Hit as low as 4 cents in Oct 2009 during CCAA. Twice hit nearly 20 cents during the year. Spiked to nearly 30 cents from low teens shortly before announcing CCAA.

Old shareholders got 2.3% of the company

All this was going on during the height of the credit crisis when bank money wasn't exactly free flowing.

Review their 3 year chart:

http://www.bloomberg.com/quote/CGS:CN/chart

So after all this, considering that their EBITDA dropped faster, was much less, debt was over twice as much and they went through CCAA proceedings, old shareholders STILL ended up with 2.3% of the company. After announcing CCAA the company twice hit nearly 20 cents and closed up shop at 5 cents per share.

Conclusion - the YLO story is FAR from over no matter how bleak it appears to be at the moment. Negotiations have already started 1-2 years prior to any possible court ordered CCAA. Does that sound like the action of a company that will get less than 2.3% of a restructured YLO's equity?