RV Rental Company CanaDream Corporation Resumes Trading
As the period during which holders of Debentures could extend the maturity date has now passed, the trading of the Debenture has been split into two Debentures. The Debentures with a maturity date of February 27, 2008 with total amount outstanding of $1,722,000 will continue to trade under the symbol CDN.DB. The Debentures with an expiry of February 27, 2009 with total amount outstanding of $1,460,000 will trade under the symbol CDN.DB.A.
CanaDream is a Canadian RV tourism company that is utilizing its proprietary business-to-business web-enabled system, www.canadasbest.com, and its business-to-consumer on-line Internet reservation system, www.canadream.com, to operate and expand its network of RV rental locations in Canada. CanaDream maintains six Company-operated RV rental locations in Calgary, Vancouver, Whitehorse, Toronto, Montreal, and Halifax. The Company is also leveraging its proprietary technology to build a franchised network of associate RV dealers that are fully interconnected to CanaDream's e-commerce systems. CanaDream now has three associate dealer franchisees in Edmonton Alberta, and Kelowna and Victoria, British Columbia.