TORONTO, May 11, 2012 /CNW/ – Unique Broadband Systems, Inc. (“UBS”) (TSX Venture: UBS) is issuing this release to provide an update on the status of proceedings under the Companies’ Creditors Arrangement Act (the “CCAA”) and the upcoming shareholders’ meeting (the “Meeting”). On April 13, 2012 a court order in the CCAA process was obtained [...]
Continue Reading →TORONTO, March 28, 2012 /CNW/ – Unique Broadband Systems, Inc. (“UBS” or the “Company”) (TSXV: UBS) announced that its board of directors has today passed a resolution calling an annual and special meeting of shareholders (the “Meeting”) and setting the record date for such Meeting. The Meeting has been scheduled for July, 11 2012 and [...]
Continue Reading →TORONTO, March 5, 2012 /CNW/ – Unique Broadband Systems, Inc. (“UBS” or the “Company”) (TSX Venture: UBS) announced that in respect of its motion (the “Motion”) in the proceedings commenced under the CCAA to enforce the stay of proceedings as against the unsolicited offer (the “Dolgonos Offer”) from 2064818 Ontario Inc. (“206 Ontario”), a corporation [...]
Continue Reading →TORONTO, Feb. 27, 2012 /CNW/ – Unique Broadband Systems, Inc. (“UBS” or the “Company”) (TSXV: UBS) today announced that its board of directors, after careful consideration and receipt of the recommendation of a special committee comprised of its non-management directors, and after consultation with its legal advisors, unanimously recommends that shareholders of UBS (“UBS Shareholders”) [...]
Continue Reading →TORONTO, Feb. 21, 2012 /CNW/ – Unique Broadband Systems, Inc. (“UBS”) (TSX Venture: UBS) today reported its operating and financial results for the first quarter of fiscal 2012, ended November 30, 2011. Recent operating and financial highlights: Effective January 1, 2011, Canadian publicly listed entities were required to prepare their financial statements in accordance with International Financial [...]
Continue Reading →Yogi Berra was right: it ain’t over till it’s over. That’s one way to describe the state of affairs at Unique Broadband Systems Inc. – and its 37% owned unit Look Communications – which have been dragging on since a group of dissident shareholders ousted the former insiders at both companies more than 18 months [...]
Continue Reading →TORONTO, Feb. 14, 2012 /CNW/ – Unique Broadband Systems, Inc. (“UBS” or the “Company”) (TSX Venture: UBS) announces that it has today received exemptive relief from the Ontario Securities Commission which extends the period of time within which UBS is required to prepare and send to shareholders a directors’ circular responding to the partial take [...]
Continue Reading →TORONTO, Feb. 7, 2012 /CNW/ – Unique Broadband Systems, Inc. (“UBS” or the “Company”) (TSX Venture: UBS) announces that it has today served a motion (the “Motion”) in the proceedings under the Companies’ Creditors Arrangement Act (“CCAA”) seeking a determination as to whether the partial take over bid by 2064818 Ontario Inc., a company controlled [...]
Continue Reading →TORONTO, Feb. 3, 2012 /CNW/ – Unique Broadband Systems, Inc. (“UBS” or the “Company”) (TSX Venture: UBS) announces that it has now received from 2064818 Ontario Inc., a company controlled by Mr. Alex Dolgonos, the formal, unsolicited partial take-over bid offer for 10,000,000 common shares, representing only 10% of the Company’s issued and outstanding common [...]
Continue Reading →TORONTO, Feb. 1, 2012 /CNW/ – Unique Broadband Systems, Inc. (“UBS” or the “Company”) (TSX Venture: UBS) issues this release to provide an update on a motion brought by 2064818 Ontario Inc. (“206 Ontario”), a company controlled by Mr. Alex Dolgonos seeking to remove and replace Messrs. Grant McCutcheon and Henry Eaton as directors of [...]
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