Eurocontrol Technics Ord EUCTF

RE:RE:RE:Email reply from Rowlands

[shawshank]

CLate-Rowlands is not "Busting a hump" now to get a deal done...the busting the hump was done before the LOI is announced.

I have long frowned on any company being allowed to announce a LOI because they are not any better then a MOU and at one time the exchanges frowned on a LOI being announced and culled after 99/00 that corporate behaviour...it has since become lax in that regard again.

So save the preaching/lecturing tone to yours truly cuz I have been around the block ten times over and seen enough LOI's go up in smoke on the toilet paper they were writtetn on.

This should not be taking longer then the second coming of christ to become deifnitive.


It is not a complicated deal. It was given a definitive timeline than an indefinite one.

Rowlands has become inaccessible and the visibility profile of the company has seen a radical departure.

When Officer actions and company actions take a radical move from the norm therer is always something behind the behaviour.

The indications here without address or redress is that this deal has hit a snaffu-that being the deal when announced will diferentiate from what was originally announced be it expanded or gone bye bye.

Rowlands does not have to announce if things having broken down till the deal is nullified in full...nor does he have to announce the deal is expanded till such a time finality has taken place.

In other words he should have just shut his mouth and not announced a LOI in the first place.

If your gonna start to lecture the choir...Same advice should apply to you.

SS

Czechlate wrote: If you have been trading long and have made it an effort to actually talk with some of the CEOs of companies you have bought into you would know that this response was exactly what you will get in an email. Rowlands is not at liberty to share any real or new info with a shareholder in an email. That would be strictly against IIROC insider info policy and could cost him his job. 

  Secondly it is also not the CEO of any companies job to hold the hand of a shareholder who has a couple grand tied up in stock and baby that shareholder through the process of a deal getting done. Its time we all man up around here and stop whining about how long its taking and maybe show some appreciation for the the fact that Rowlands went out and found a deal like this and now is busting his hump trying to get it done. 

  Sometimes investors are such fucccckin cry babies. Take a chill pill it will be done soon as its done and not a day before.