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Monday, March 20, 2017

Ezra's subsidiaries file for bankruptcy.

It's not unexpected as Oil & Gas industry is in a doldrum.

1 comment:

Eric Ho said...

Investors and creditors for Ezra may only get back a few pennies on every dollar invested which is an optimistic outcome. The longer Ezra drags this, the more bleeding it will have to suffer because the oil & gas industry won't recover so fast.