Ex-Fracmaster boss faces battle for unpaid receipts

Article Abstract:

Calgary, Alberta-based Fracmaster Ltd.'s erstwhile chairman, Alfred Balm, has encountered great difficulty in recovering C$191 million in unpaid installment receipts from the oil well services provider's stockholders. Balm, who has sold his 67.5% stake in the firm to investors on an installment basis, has failed to recover the installments due from 68% of the buyers. Analysts attribute the investors seeming reluctance to fulfill their pre-existing obligation to Balm to the poor showing of the company's stock on account of the weakening of exploration activity in North America.

Comment:

Its erstwhile chairman, Alfred Balm, faces difficulty in recovering C$191 mil in unpaid installment receipts from investors

Drilling Oil and Gas Wells, Alberta, Oilwell Drilling Services, Oil well drilling services, Article, Fracmaster Ltd.

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Montreal Exchange walks tightrope to IPO

Article Abstract:

The life and career profile of Montreal Exchange's chief executive officer Luc Bertrand is presented. Montreal Exchange is set to go public in 2007.

Security brokers and dealers, Securities & Commodities Services, Securities, Commodity Contracts, and Other Financial Investments and Related Activities, Securities industry, Montreal Exchange, Bertrand, Luc

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A bird in the hand versus seven in the sky

Article Abstract:

A profile of Michael Sabia, chief executive officer of BCE Inc. is presented.

Communications, Broadcasting and Telecommunications, Telephone Communication, Telecommunications services industry, Telecommunications industry, Communications industry, BCE Inc., Sabia, Michael

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