OTCPK:MAUXF - Post by User
Comment by
radcaton Jun 05, 2015 10:29am
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Post# 23800460
RE:RE:RE:someone asked what would happen if MW buyout falls apart?
RE:RE:RE:someone asked what would happen if MW buyout falls apart?Midwestern needs 66 2/3% in favour of this deal for it to be accepted. Period. Since they haven't announced their financing has been arranged, I am taking it to mean they are having difficulties. If financing was in the bag, they probably wouldn't hesitate to make this publicly known which would set the YES sides mind at ease. If Financing remains a secret up to the end of next week, expect the BOD to grant Midwestern another favour by granting them more time to raise the funds. Just like they did with the 2009 Fourteen cents offer. Face it, the BOD is working in conjunction with Midwestern and not what is in Mart shareholders best interest. The only thing missing from this armed robbery is the smoking gun.