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On August 15th, 2008, our bi-weekly payroll for all Coulson Group and Coulson-managed companies was delayed. After a great deal of effort on the part of Coulson Group payroll employees and HSBC bank employees, we were able to get all employees paid by end of day
Our banker, HSBC Bank Canada, was good enough to send us a letter acknowledging the reason for the delay in the delivery of the payroll funds and apologizing for the inconvenience to our employees. We have reproduced this letter below