GREY:CTMIF - Post by User
Comment by
M139on Jan 22, 2013 6:43am
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Post# 20870348
RE: RE: RE: PP News
RE: RE: RE: PP News Going back to 2010 public records show year end reports filed in around April, historically speaking. So, my guess is that they needed the cash to pay expenses and IR who by the way needs to be fired since obviously they are not doing their job. There was no release of news anywhere regarding this transaction except now that the TSX has approved it so the transaction went down at least a month or few weeks before that.
This is at a point of embarrassment now, I suspect we will see some heavy selling, a cancelation of the PP and announcement of consolidation very shortly. Shelf it and move on is my take on this one.
M