OTCQX:CNXXF - Post by User
Comment by
icanninveston Oct 12, 2018 3:48pm
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Post# 28791061
RE:RE:RE:Last day
RE:RE:RE:Last day I'd advise strong caution in speculating as to the status of this deal.
The transaction is subject to conditions, including but not limited to, final due diligence by the respective parties, execution of a definitive acquisition agreement which will supersede the letter agreement, receipt of applicable corporate approvals, and other regulatory and/or governmental approval. There can be no assurance that the transaction will complete as proposed or at all.
The Jetty deal was announced six months ago (earl-April). It shouldn't have taken this long to close. It seems quite possible that due diligence did not go well, and this deal is on the rocks. Very risky to invest based on speculation that a long-delayed deal is about to close. Investors beware.