Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

AvenEx Energy Corp AVNDF



GREY:AVNDF - Post by User

Comment by pwalk140on Feb 20, 2013 11:11am
228 Views
Post# 21016136

RE: RE: RE: time to bully

RE: RE: RE: time to bully

Actually mo that's not entirely correct.

Yes there are:

chx 67,000,000 shares to be voted

pce 54,000,000 shares to be voted

avf 47,000,000 shares to be voted

But each party must have 2/3 of their respective shares FOR in order to pass. The release is stating that each party has a majority FOR the arrangement, but not necessarily the required 2/3. I could potentially be 2/3 for CHX FOR, 2/3 AVF FOR and less than 2/3 but greater that 50% PCE FOR.

 

<< Previous
Bullboard Posts
Next >>