RE: RE: George ForrestI dont believe you are correct. If someone owns more than 10% of acompany - they should be declared an insider.
I have not seen any such declarations at this point.
You are correct that if someone owns 10% or more of a company they need to disclose it within I believe 3 days. Only trouble is that guys like GFI have several entities they could buy through and if they keep holdings below 10% each, they do not need to disclose it.
I too have heard that GFi is controlling near 50% of the stock already through several entities, all holding under 10% each. i have no way to confirm this so it should be taken as a rumour at this point.
I am very confident this deal will get done so am still buying stock as funds become available.
IMHO
Good Luck!