Novus Energy Inc NOVUF

1.12 halt tomorrow

[trackinsider]

morning ...

[ardvark11]

nope.  If anything, bids will close tomorrow evening.  A halt will only occur when a decision is made. 

[largeinvest]

I don't think the bids are due until Friday, that would be one month from the data room being open which is standard amount of time.  NVS pretended to not have a "schedule" or timetable, but we all know they have a due date for the bids.  It could take weeks to review the bids and put it all together so I would look towards the end of January for something to  happen.&

[Gaswell]

I will chime in again just cause I know you guy's miss me. Novus is still putting on presentations this week and next.

[ardvark11]

If you read the CA, Novus execs are not allowed to have contact with the potential bidders.  This is why they are NOT presenting this week and not next week to anyone who would be bidding on the company.

[Gaswell]

Hey Vark........if you dont mind me asking, where in Canada dou you live?

[ardvark11]

see ur inbox.  maybe you want to invite me to the presentaitons.

[Gaswell]

Haha, no. I am just passing on information I have heard on the street.  Is it true, is it false. I can't answer that question.

[ardvark11]

Depends on the street and it depends on who you are. The street is no place for Aardvarks...

[michelleb33]

Gaswell. you sold your shares. Whats your deal. Sp is moving up. its gonna keep going up. move on big guy

[kutra]

I don't think NVS has a schedule. They are letting the brokers handle the process so NVS can focus on operations. The brokers may have a schedule but their instructions are to get the best deal not get a deal next week. With the Christmas break I would not be surprised to see the bidding process stay open for 45 or 60 days. If they (the special committee) get an acceptable offer then we should