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Orbite Technologies Inc EORBF

Orbite Technologies Inc is a Canada-based mineral-processing and resource development company. The firm is organised into the following segments; Specialty Products, Waste Monetization and Commodity Minerals. It produces alumina, silica, hematite, magnesium oxide, titanium oxide, smelter-grade alumina, rare earth oxides and rare metal oxides. The operation plant is based in Canada.


GREY:EORBF - Post by User

Bullboard Posts
Comment by driftwood57on May 26, 2013 3:45pm
210 Views
Post# 21443273

RE: RE: 3 weeks to agm

RE: RE: 3 weeks to agm

Tim,,, lol,,  yes it is speculation for sure but it is speculation based on piecing the the puzzle together as I see it.  Based on the info that I have on hand this is my reasoning of what is going on.

Food for thought and discussion.

Regarding your question about why I am "confident this deal is done", please note that I did not actually say "confident" but yes,,, I am feeling fairly confident about it. Until further notice!

Why? Because I am looking at it as a "cause and effect" situation.

I believe (speculate)  that the cause of the recent structural changes to the "corporate governance" was Veolia approaching the BOD.

The effect that I see so far is the changes that were put in place i.e.  new COO, 3 changes to the BOD, BOD controlled Communications Committee, addition of a Veolia VP to the BOD.

Those actions taken indicate to me that they were negotiated items pertinent to the deal. Part and parcel.

The appointment of a Veolia VP to the BOD indicates to me that the deal is probably done because Ort would be remiss to appoint a Veolia VP to the Ort BOD  if negotiations were still ongoing with Veolia. It could be perceived to be a conflict  and would put the BOD in jeopardy of accusations of breach of duty , (not to mention silly)  . Fox in the henhouse scenario.

We will know the facts soon enough. Then we can move on and start working on the next Ort enigma.

 

 

 

 

 

Bullboard Posts

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