GREY:TBTEF - Post by User
Post by
BobTheKnob2on Jul 27, 2016 9:07pm
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Post# 25090301
Sit down and grab a bowl of popcorn. The show is beginning.
Sit down and grab a bowl of popcorn. The show is beginning.I see that management has hired a proxy advisory firm to help pass this stinker of a deal. They also have issued a lame operational update, with nothing that is particularly new to say. Generally repeating the same old talking notes that we have heard before.
https://ir.twinbutteenergy.com/2016-07-27-Twin-Butte-Announces-that-Leading-Independent-Proxy-Advisory-Firms-ISS-and-Glass-Lewis-Recommend-Shareholders-of-Twin-Butte-Vote-for-the-Arrangement-and-Provides-Operations-Update
Meanwhile, the National Post has a story that talks about a dissident group that has hired an advisor to seek a better deal for the debenture holders. Meanwhile, management replied to the story that they have not heard anything about this action.
https://business.financialpost.com/news/energy/embattled-twin-buttes-angry-creditors-said-to-hire-help-to-secure-better-deal?__lsa=c2fd-71f5
It all is too convenient that both happened on the same day. I think I will grab that big bowl of popcorn and a bottle of wine. I think the show is about to begin.