Twin Butte Energy Ltd TBTEF

RE:RE:RE:RE:Some action meanwhile...

[BobTheKnob2]

I should have mentioned in my last post, but failed to do so, in the Fourth Report of the Receiver there is mention that this transaction has some amendments. These are all sealed, just as was the case with some items in the Third Report.

The transaction between Twin Butte and Petrocapitaa appears to have taken quite some time to close (in excess of a year and a half) as outlined in my last post.

The Fourth Report mekes reference to this agreement being included as part of the "Confidential Supplement Report" (see items 6(a) and 6(b).

If my speculation is correct that this was due to the legal agreement not being being properly executed back in the summer of 2015, is this why these records have been sealed?

Really at this stage of the game, it is a moot point. I don't blame them for doing so. No one wants to look bad even if it is fully explainable and/or an error of ommission (could potentially be as simple as someone failing to sign one line of a document; or the document did not get properly filed with the appropriate government agency; either of which may never have got caught until the document was reviewed in the data room during the sales process).

But that does not stop me from being curious about this as a possibility.