Novus Energy Inc NOVUF

RE:RE:RE:ANYONE call the company to find out if

[naeden99]

Glenn,

You are the one that sounds like the spoiled little kid with this post.

Clearly the deal terms leaked before they were ready (likely both sides).  I can tell you from personal experience that negotiating a deal across the world and in different time zones is very time consuming.   Also, the differences in regulations make a cross border transaction very difficult to paper.  Finally, if they are issuing convertible debentures in Canada, that brings up another large complication (prospectuses, listings, etc).  

On top of that, they are going to have to get the deal reviewed by the government. Although this will happen after the announcement, they have to have the appropriate reps & warranties as well as break conditions.

Keep in mind that it is unlikely that anyone at Yanchang has ever dealt with any of these Canadian issues and will have to be baby stepped through the transaction by their Canadian council.  

That is why this strategic review has taken so long and it may take another couple days or after the long weekend to get it finished.  I'm happy to give management as long as they need to get this transaction done, particularly at the rumoured price.   Instead of calling them names, you should be getting ready to send them a bottle of champagne.