RE:What happened?"The distribution of the cash consideration to the ROR Shareholders is to occur on or about August 29, 2014. The amount of cash to be distributed will be the balance remaining after payment of the indebtedness and liabilities of ROR and its subsidiaries, other than REC, at the effective date of the Arrangement, the total of the cash on hand of ROR and its subsidiaries, other than REC, at the effective date, the $1,250,000 to be advanced by Concord as a capital contribution to AcquireCo and $500,000 being the cash portion of the consideration to be paid by the REC Acquirer for the REC Shares."
It's gone through on my account for less than a third of a penny. Bad ending to a crappy story.