RE:RE:NCIBCantor was advocating that pivot boost the shareholder value. This is one way to do so and pivot would chose them because they want to try to prove to Cantor that they are doing that.
Also, pivot would want to do business with them to build their relationship and get Cantor on their side.
lscfa wrote: I am surprized that PTG hired Cantor to be the buyback agent after Cantor spoke out against the founders offer.
PIVOT TECHNOLOGY SOLUTIONS, INC. ("PTG")
BULLETIN TYPE: Normal Course Issuer Bid
BULLETIN DATE: March 30, 2016
TSX Venture Tier 2 Company
TSX Venture Exchange has been advised by the Company that pursuant to a Notice of Intention to make a Normal Course Issuer Bid dated , it may repurchase for cancellation, up to 8,389,331 common shares in its own capital stock. The purchases are to be made through the facilities of TSX Venture Exchange or other recognized marketplaces during the period April 1, 2016 to March 31, 2017. Purchases pursuant to the bid will be made by Cantor Fitzgerald Canada Corporation Error! Bookmark not defined.on behalf of the Company.