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All in West! Capital Corporation (All in West!) began as a Capital Pool Corporation in 2005. On April 2, 2007 All in West! closed a $13 million public offering and qualifying transaction. It trades on the TSX Venture Exchange under the symbol ALW. Its objective was to develop and acquire hotels & independent living senior's residences in Western Canada.

By the end of 2007, All in West! owned four hotel properties in Northwestern Alberta. The 2008 financial crisis was devastating to small publicly traded companies including All in West! It sought to grow and diversify, however, raising capital became impossible during the 'Credit Crunch' period. All in West! was undiversified with four assets located in regions of Alberta that are heavily involved with natural gas exploration and drilling. The price of natural gas collapsed in 2008-2009, resulting in decreased exploration, production and general economic activity in the vicinity of the All in West! hotels, this negatively impacted occupancy levels and therefore the operating results of All in West! Management responded by voluntarily waiving all asset management fees. In addition, all payments and fees were waived by the Directors of All in West!

On April 30, 2010, Series A and Series B Debenture payments were ceased and on November 30, 2010 Series C Debenture payments were ceased. Various concessions were also negotiated with some All in West! mortgage holders. On March 7, 2012, the Company delivered formal notice to the indenture trustee for its Series A Debentures, which matured on March 31, 2012, that All in West! would default on its obligation to repay the principal amount and accrued interest on the maturity date. On September 5, 2012, the Company delivered formal notice to the indenture trustee for its Series B Debentures, which matured on September 28, 2012, and its Series C Debentures, which matured on October 1, 2012, that All in West! would default on its obligation to repay the principal amounts and accrued interest on the maturity dates.

All in West! continually evaluated alternatives available to it. It formed a special committee whose mandate is was to evaluate the Corporation's alternatives specifically as it relates to its outstanding convertible debentures and to make recommendations to the Board of Directors. The Corporation had engaged a third party investment banking advisor to work with the special committee and Board of Directors. Oil and natural gas prices experienced another significant decline in late 2014 continuing to the present time. Industry responded by cutting back on capital expenditures, drilling, exploration and the laying off of personnel. As a result of these factors, there has been further decreased exploration, production and general economic activity in the vicinity of All in West!'s hotels which has further negatively impacted the portfoilo's occupancy levels and revenues. Accordingly, a fair value adjustment was recorded on All in West!'s balance sheet on September 30, 2015. At the present time, All in West! owns two hotels in Grande Cache, Alberta. For further information, please see the All in West! Capital Corporation Q3, 2015 interim financial statements and management's discussion and analysis dated September 30, 2015. Additionally, please see the "Latest News" section on the homepage of www.allinwest.com.

 
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