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CEO: Letter to Shareholders (March 2020)

Further to previous communications and numerous recent discussions with shareholders, we are providing an update on recent activity. CCAA Process - As you will be aware the Creditors approved the Company's Plan at their December 12, 2019 meeting, in accordance with CCAA requirements. The Plan was supported by 98% of Affected Creditors and 97% of [...]

CEO: Letter to Shareholders (August 2019)

Further to my commitment to ongoing communication, there has been a lot going on over the summer for our new leadership team so I thought it would be a good time for an update. Our new team has been working hard to get the company’s financial house in order, conclude outstanding regulatory issues and refocus [...]

Interim CEO: Letter to Shareholders (June 2019)

I hope you are well and looking forward to the week ahead. I would like to take this opportunity to thank you for the positive response to my introductory message.  I greatly appreciate the time many took to respond and provide me with your thoughts and suggestions. Your feedback will shape our company's future ... [...]

Interim CEO: Letter to Shareholders (May 2019)

Since it has been almost one-month since Ascent announced the establishment of a new Board of Directors, I wanted to provide you with a progress report on recent events. In addition to sharing relevant information, I hope this message will establish a new foundation for transparent communications with you... Read Letter