OTCPK:ICPVF - Post by User
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Ariahpon Jul 09, 2021 8:43pm
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Post# 33525734
RE:RE:RE:RE:RE:RE:RE:RE:RE:ASE hearing today Starting at 8.30 am
RE:RE:RE:RE:RE:RE:RE:RE:RE:ASE hearing today Starting at 8.30 ambtttmfisher:
It was my pleasure to report the proceedings as they progressed. This was my 1st ever experience and I really learned a lot.
To me the IPL/PPL presenters were far better and mostly put BF on the back foot trying to defend or explain their actions
The bottom line is that BF started to buyshares in May 2020 and also formed a few swap agreements. The whole idea being the alliances will vote for the BF deal. BF claimes that they have no influence on these SWAP agreements and they cannot influence them to vote for BF.......I doubt that
They also r giving BMO a $15m fee if successful. BF claimed that BMO has chosen not to vote this takeover. The Chairperson Caught them as BF did not have any written commitment for BMO not to vote period....Liers...Shysters.
ASE did get all submissions on the 7th. Today was verbal presentations. So they know all the issues and will be able to form an opinion by mid day Monday and announce it
Lets hope for PPL/IPL merger to go through
Have a safe weekend
GLTA