TSXV:EPO.H - Post by User
Post by
go.faster@ymail.comon Jul 12, 2017 9:48am
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Post# 26459221
Speculation on delay...
Speculation on delay...Assumptions :
1. EPO has been working with one maybe two parties for a very long time
2. These two parties have been kept up to date on our efforts for a very long time
3. AFW numbers released on June 12th...these numbers went immediately to these two parties
4. Stavros & Aref hit the road asap after June 12th to pitch and make a deal
5. A deal could be a merger, acquisition or some debt financing of some kind
6. Either way...this is big decision for both parties...requiring BOD approval
7. Most major corporations BOD meet quarterly once numbers are in
8. ? Did our proposal make the quarterly agenda for either BOD parties for Q2 meeting?
9. There are 3 scenarios...a) awaiting BOD approval from Q2 BOD meeting b) we missed agenda and special BOD meeting is required c) still negotiating major clauses d) no deal...parties want to wait for improved market dynamics
imho...we should/will get an update by end of this month. Theres been enough time for Stavros and Aref to travel, pitch, negotiate and return home.
Lets hear it boys...where do we stand?