OTCQX:SREMF - Post by User
Post by
Oregonduckon Mar 27, 2015 1:00pm
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Post# 23569540
Today's Deadline
Today's Deadline According to KPMG in Feb/2015, the first stage of the SISP has been completed, with a number of LOIs having been submitted and a number of Qualified Bidders being permitted to continue their due diligence with a view to submitting binding final offers by the March 27, 2015 deadline. The Monitor expects that its next report to will be in respect of the Petitioners’ application for an order approving one or more accepted final offers. However, the Monitor will promptly report the Court in the event that there are any material developments in respect of the SISP. The stock RBEIF traded about 1.2 million shares yesterday &, so far, 1.3 million this morn', last price at less than 1 penny. Looks like some people are in possession of the inside info. on the bids. The drop-dead line has been crossed.