TSXV:PEC.H - Post by User
Comment by
Ethanbumon Oct 21, 2013 8:22am
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Post# 21832516
RE: Try guessing with this definitive statatement
RE: Try guessing with this definitive statatementtooez1 wrote: Telling retail investors nothing until a deal/transaction with no guarantee of a transaction... Would you buy shares now based on the statement below?
2013-10-07 17:22 ET - News Release
Mr. Heath Cleaver reports
PORTO ANNOUNCES REVIEW OF STRATEGIC ALTERNATIVES TO MAXIMIZE SHAREHOLDER VALUE
...
Review process
Porto does not intend to disclose developments with respect to the review process unless and until the board of directors has approved a definitive transaction or option, or unless otherwise required by law or disclosure as deemed appropriate. The corporation cautions that there are no guarantees that the review will result in a transaction or, if a transaction is undertaken, as to its terms or timing.
Wow, every company states that when going through a strategic process. Do you think people are stupid and don't know this? Nice try again. Keep digging.