RE:Definitive Agreement by mid JanuaryVery excited to see the B&M staff join TGIF. Understand, this allows TGIF peoples (Brayden) concentrate on other markets and tend to the BIG picture. By the way, the best time to consolidate shares would be upon closing, I would like to see the outstanding shares get shaved, noving frwd. This is one situation where it could work out well moving forward. Less paper is always a good thing
Nice to see the OTC on fire today ))
smoke1legal wrote: Here is how things will evolve in the next few weeks and months... Mid January the parties will complete the due diligence. Once this is done and there is no skeleton in the closet, the parties will sign a Definitive Agreement. This basically locks up the deal, with a couple of conditions. Condition one, is subject to shareholders' approval. Condition two, subject to exchange approval. What's important to know is that after mid January, this deal is out of the hands of the board to make any changes without shareholders approval, or else there will be a class action on its way. We will know in a couple of weeks if this deal will be presented to shareholders, and I am confident it will