Twin Butte Energy Ltd TBTEF

RE:RE:RE:Action is the real victory

[Oldfart74]

Expertchoc wrote: as you say, the purchaser must be reasonable to fill a joint election form, what do you mean ?knowing that he should only note the name of the company and the federal company number and sign at the bottom of the page, it's so simple so why to annouce it in the contract. You may have to see this form to get a clearer idea.
Purchaser, acting reasonable is a process which will lead to the finalization of the transfer of the tax pool. this joint election form must be done jointly after sharehoders approval.

My friend, there is no shareholder approval required.  The court approved the sale which provided that the cumulative tax pools of TBE would be transferred to the purchaser.  The purchaser is required to prepare the form and each party is required to execute and file same within prescribed time periods.