RE:draft of contract means 2 things: 1, contract is not mingzhu wrote: imminent, otherwise it would have waited a couple of weeks for the contract
2, management clearly wanted to manipulate the stock price because it may have had the draft a while ago, maybe couple of months ago. draft is for the discussion not decision.
You say manipulate, I say keep shareholders informed. Drafts are often used as negotiations progress. Main point they are coming up with a contract that both parties are happy with.