RE:..is TID canceling the 109 million shares from M&P?According to TID, the shares will be cancelled.
In my post below, I analyzed why the insiders own now 21% of TID ! Actually, they own 56 million shares out of 266 million shares currently.
They owned 15% before the Maurel deal (375 x 15% = 56 million shares).
So now their interests are even more aligned with shareholders rights....
and NO SALE can happen if these insiders that own 21% do NOT agree with the ACQUISITION OFFER !
WAKE UP WEAK HANDS.