Canwest walk f

Shaw offer to refund Canwest debt and offer zero compensation to shareholders, rejected by shareholders

Just unfile CCAA filing, voluntary shareholder filing is it not?
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http://www.bloomberg.com/apps/news?pid=20601082&sid=aSskSDew.i2Y

Canwest Reports Unprecedented Growth In 2009-2010 TV Season

http://www.newswire.ca/en/releases/archive/June2010/01/c8552.html

? 1.1 billion bid - 150 million (unsecured .45 on the dollar equity offer) = 700 million Morgan loan + 250 million debt (can be coverted to shares)

Question. What did the other shareholders pay for their equity in Canada's newspaper disclosure monopoly?
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Note. Not .45 cents on the dollar for the unsecured less and less, the more shares given the rest of the new shareholders. The .45 on the dollar in equity is arbitrary, in that this value is equal to the unsecured shares total, compared to total shares outstanding shares -- big difference if unsecured own half the shares outstanding, or 10 percent of shares outstanding. [Canwest shareholders could easily have offered a better deal to the unsecured.]

Note. Bribes & kick backs. Canwest should not be able to decide who buys Canada's media propaganda machine -- Canwest directing who controls the message. What's the new shareholders of Canada's newspapers, side deal with Canwest's main shareholders? Reported as nothing.

Note. If more funds than 950 million, than funds belong to unsecured. If investing more than the 950 million in loans attached to the newspapers, these proceeds above 950 million go to the unsecured. Question. How much are the news shareholders contributing?

Note. CCAA filing has not reduced the debt for newspapers, as after CCAA filing and before IPO, a new debt will be attached to newspapers, and the proceeds given as a disbursement. Canwest's New Zealand IPO trick. The unsecured Canwest debt, and other Canadian newspaper shareholders, to recieve funds after CCAA filing, before IPO.

Canwest balance sheet is not in complaince with FAB 160, CICA 1601 and CICA 1602

Shaw paid 700 million for Goldman Sachs' 400 million investment
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Quote, "CICA 1601 and 1602 will require a change in the measurement of
non-controlling interest and will require the change to be presented as part ofshareholders equity. These standards will become effective for business combinations for which the acquisition date is on or after the beginning of the first annual reporting period on or after January 1, 2011.

IPO crisis in Canada when crap propectuses sell out fast

Buyers to sell into an IPO with even more debt added, ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Quote, "Canadian ownership requirements will be met through investments from TD Asset Management and Invesco Trimark."

"The owners expect to capture a return on their investment as the economic recovery brings back advertising revenue, cost cutting, a push into digital media, as well as a public share offering that may come as early as this summer."

http://www.thestar.com/business/article/808038--new-canwest-owners-share-sun-connection

Golden Tree had Canwest miss interest payments, to buy Canwest bond cheap.

Canada's newspaper disclosure monopoly bought in a fraud
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Golden Tree's purchase of Canwest bonds at a discount was cordinated with Canwest and Scotia Bank. Created the default to massivley reduce the bond prices. This fraud now controls Canada's newspapers.