OTCPK:EMMBF - Post by User
Comment by
deminimison Nov 10, 2017 3:10pm
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Post# 26942133
RE:RE:RE:RE:RE:ceo
RE:RE:RE:RE:RE:ceoI think it is safe to say that it isn’t or else they would have sent out a NR. Regarding your comment in the other post, I agree that upsizing the deal doesn’t mean it has been closed but it would be very bizzare for an oversubscribed deal to fall apart unless it was Emblem that pulled the plug and if it was Emblem that pulled the plug I would be very happy because they would only do so if they thought they could get a better deal.
Although if I were to play devil’s advocate I suppose announcing the CEO change could have spooked some investors. It reallly shouldn’t have because I think it is positive news but perhaps that is was it causing the delay. Maybe the subscribers are wanting to do additional DD on the new CEO before finalizing the deal.