TSXV:POI.H - Post by User
Comment by
MuadDibon Nov 30, 2016 10:01am
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Post# 25533184
RE:RE:RE:RE:Funtastic
RE:RE:RE:RE:Funtastic
"In September, 2016, Slyce's board of directors appointed a special committee to consider strategic alternatives and recommend a course of action aimed at MAXIMIZING SHAREHOLDER VALUE. The special committee engaged Acumen Capital Finance Partners Ltd. as Slyce's financial adviser. The special committee and Acumen reviewed several alternatives and concluded that, in the current equity-financing environment, a sale of the business or its assets was the best alternative for shareholders. Discussions were held with several firms that expressed interest in Slyce." I believe most are misinterpreting the buyout offer. IMHO