TSXV:VER.H - Post by User
Comment by
FATBIDSon Dec 20, 2010 7:13pm
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Post# 17873439
RE: News rules
RE: News rulesYes the law is every time something material changes a news release must be sent whether in the form of a NR or an Early warning Report.
But really, what is supposed to happen and what does happen are often 2 different things.
For example, lets say the deal is done, hands have been shaken and Vecta O&G has signed off their stuff. Now VER needs 4 signatures (including witness) to finalize the deal. They have 3 signatures, but darn 1 party just is not available to sign on the dotted line until after the xmas vacation. How convenient. But wait, really, until the last person has signed the deal it is not done and no material change has happened.
Trust me, I am sure this happens all the time.
Oh and by the way folks......I am obviously not TD but maybe Firetrain is trying to pump up the stock hoping you will buy and keep the price up so that he can dump his shares he needs so badly to sell.