John Gerretsen | Ontario Green Energy Failure | OSM SOLAR | BANKRUPTCY LOOMING | LDK SOLAR — INVESTORS – Press Release

Forterra Environmental went bankrupt and previously received Ontario Grants/Licenses to create Worm Compost to help the Provinical Ban on Pesticides.  This was the answer, healthy soil equals healty lawn without pesticides.  (So they were wrong)

OSM Solar bought up (reverse takeover) Forterra's failing company and applied it to their own Ontario Green Energy Grant that they recieved.  Then they made a deal with China LDK Solar.  Now LDK is going Bankrupt.  Where do you think OSM will end up?

What about all the Ontario Grant Money?  It's gone…..


Archived Media Release:

2011 – Welland – WELLAND – The sun is shining brightly on OSM Solar Corp.

The solar panel manufacturer has inked a deal with LDK Solar Co., the world's largest producer of solar wafers, to produce 20-megawatt solar modules at its north Welland manufacturing facility.

The partnership also includes a non-exclusive distribution agreement for OSM to manufacture and distribute LDK modules.

OSM vice-president Al Wiley said the agreement brings the company to the next level.

"Now we get to supply our panels on an international market," Wiley said. "It makes us a very competitive company in the market. Everything is being made out of Welland."

LDK Solar Enters into Further Forbearance Arrangement with Noteholders

XINYU CITY, China and SUNNYVALE, Calif.Feb. 13, 2014 /PRNewswire/ — LDK Solar Co., Ltd. ("LDK Solar"; NYSE: LDK) announced that it has entered into a new 14-day forbearance arrangement with holders of a majority in aggregate principal amount of its US$-Settled 10% Senior Notes due 2014 (the "Notes"). The new forbearance arrangement, which expires on February 27, 2014, relates to the interest payment due under the Notes on August 28, 2013. That interest payment is still unpaid. It is LDK Solar's intention to find a consensual solution to its obligations under the Notes as soon as possible and LDK Solar remains hopeful that it will be able to achieve that goal. As reported previously, LDK Solar has engaged Jefferies LLC as a financial advisor for strategic advice in connection with the Notes and LDK Solar's other offshore obligations. Holders of LDK Solar's offshore debt obligations may contact  Augusto King at, or  Steven Strom at sstrom@Jefferies.comLyndon Norley at, or  Richard Klein at with any questions.

Sidley Austin is acting as counsel to LDK Solar, led by  Thomas Albrecht at, and  Timothy Li at htli@sidley.comLDK Solar understands that Ropes & Gray is acting as counsel to a group of noteholders, led by  Daniel Anderson( and  Paul Boltz ( LDK Solar also understands that  Houlihan Lokey has been engaged as financial advisor to that same group of noteholders; holders of the Notes may contact  Brandon Gale at with any questions.


About LDK Solar (NYSE: LDK)

LDK Solar Co., Ltd. (NYSE: LDK) is a leading vertically integrated manufacturer of photovoltaic (PV) products. LDK Solar manufactures polysilicon, mono and multicrystalline ingots, wafers, cells, modules, systems, power projects and solutions. LDK Solar's headquarters and principal manufacturing facilities are located in Hi-Tech Industrial Park, Xinyu City, Jiangxi Province in the People's Republic of ChinaLDK Solar's office in the United States is located in Sunnyvale, California. For more information about LDK Solar and its products, please

Safe Harbor Statement

This press release contains forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. All statements other than statements of historical fact in this press release are forward-looking statements, including but not limited to, LDK Solar's ability to raise additional capital to finance its operating activities, its ability to achieve a consensual solution to its offshore liabilities, the effectiveness, profitability and marketability of its products, the future trading of its securities, the ability of LDK Solar to operate as a public company, the period of time during which its current liquidity will enable LDK Solar to fund its operations, its ability to protect its proprietary information, the general economic and business environment and conditions, the volatility ofLDK Solar's operating results and financial condition, its ability to attract and retain qualified senior management personnel and research and development staff, its ability to timely and efficiently complete its ongoing projects, and other risks and uncertainties disclosed in LDK Solar's filings with the Securities and Exchange Commission. These forward-looking statements involve known and unknown risks and uncertainties and are based on information available to LDK Solar's management as of the date hereof and on its current expectations, assumptions, estimates and projections about LDK Solar and the PV industry. Actual results may differ materially from the anticipated results because of such and other risks and uncertainties. LDK Solar undertakes no obligation to update forward-looking statements to reflect subsequent events or circumstances, or changes in its expectations, assumptions, estimates and projections except as may be required by law.

SOURCE LDK Solar Co., Ltd.

Lisa Laukkanen, The Blueshirt Group for LDK Solar,, +1-415-217-4967; or Jack Lai, Executive VP and CFO, LDK Solar Co., Ltd.,, +1-408-245-8801






via LDK SOLAR — INVESTORS – Press Release.