RE:Why I vote NOIf i3 Energy put TEI in bankrupcy, 35M$ in assets mi us 3.8M$ for the acquisition of TEI debt equal 31M$ of capital gain for I3e.
The income tax to be paid by I3e will be 6M$ to 8M$, insteat of buying all TEI shares. Buying TEI share it is 35M$ of income tax saving.
Why I3e did not offer TEI shareholders 6M$ to 8M$ in shares of I3e, I do not know.
Please shareholders cast your votes NO.
If not the offer is accepted. If all shareholders of TEI did not vote. It is a YES votes