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View Full Version : Uh-ohhhhhhh!

doug z
05-08-2008, 05:10 AM
The company that owns us (Pope and Talbot) has been chapter 11 for 6 months, but they had buyers lined up for all 3 of their mills..

They pulled out yesterday, and the credit hasn't been extended..

They have 4 weeks to find a buyer..

I'm still working, as there is a skeleton crew in to make sure nothing blows up, and as the law requires a first-aider be present if there are more than 10 guys on a worksite.. Good thing I'm a first-aider!!

But it'll be an interesting couple weeks to see if we can tread water till someone buys us before time runs out in a month or so..

It may turn out to be the company that pulled out of the deal in the first place (Sinar Mas, owned by Asian Pacific) as this is widely seen as a tactic to cherry pick our mill, instead of all three Pope and Talbot mills, which are in even worse shape, fiber-supply wise, than we are..

If nobody does, I might just pull up stakes and extend my Ukraine trip indefinitely!!
Incredulous_Ed
05-08-2008, 05:12 AM
Lets hope this doesnt postpone the setting up of the 75gal!
cocoa_pleco
05-08-2008, 05:13 AM
Lets hope this doesnt postpone the setting up of the 75gal!

exactly what i was thinking!
doug z
05-08-2008, 05:14 AM
It might at that.. LOL

Might be setting one up in Ukraine.. :)

I hope Cocoapleco's in the market for what I've got.. Never been used! :hmm3grin2orange:

Seriously, my wife has been talking about us moving back to her homeland..

Her argument being that she's put up with my dragging her over here and "existing" for 12 years, and now I should return the favour..

But I was hoping to maybe send them over, then work here for a little longer so I could pad the kitty, as I'll be lucky if I can get a job as an English as a Second Language (ESL) teacher over there for $500 a month.
cocoa_pleco
05-08-2008, 05:15 AM
lol, i could always use another reef!
robnepper
05-08-2008, 05:27 AM
Just tell her that there are probably more ukrainians here in Edmonton than there are back in the homeland. We have all of the perogies and garlic she could ever need!
doug z
05-08-2008, 06:38 AM
Well, given that the population of Ukraine is double that all of Canada, I doubt she'd buy it.. :)
SkinnyChicken
05-08-2008, 08:50 AM
Can I have your clamps for the canister hoses please ?
jbeining75
05-08-2008, 12:24 PM
Hope everything works for the best for you there Doug!!!!!!
xoolooxunny
05-08-2008, 12:38 PM
This really sucks. Well, since we won't let you move, there shouldn't be problem, right?:ezpi_wink1:

The only way we'll ALLOW it is if you bring your equipment and set up the tank, and stay on the forum!

But seriously, I hope everything works out for you, sorry to hear about the troubles.
MeganL3985
05-08-2008, 01:45 PM
Goodluck with everything Doug!
doug z
05-08-2008, 06:48 PM
Well, I'm not TOO worried, yet..

We have a month, and I'm pretty sure it's just a tactic..

We'll see, I guess.. :)