GREY:WFEMF - Post by User
Comment by
GaiusGermanicuson Mar 08, 2014 6:43am
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Post# 22297748
RE:RE:RE:SO WHAT'S WITH IMC ? FINAL PAYMENT YES NO
RE:RE:RE:SO WHAT'S WITH IMC ? FINAL PAYMENT YES NO $HAWK wrote: ???????? SO WHAT IS THE ANSWER !
Hopefully the answer is both measures failed and Dundee is desperately trying to findi a way around it before announcing it.
As far as the deal with ICI, they had NO intent of signing it this February or they wouldn't have signed the two year extension agreement. If they intended on signing it today, they wouldn't have bothered with an extension.
Even if BOTH measures were voted down we'd STILL continue largely as planned it's just that there wouldn't be any preferred stock and the issues sold to Dundee would convert to common stock. Fortunately they had enough forsight to anticipate that their measures might fail so they included that option in the agreement so the measures failing wouldn't slow anything down.