RE:QIPT has not announced an LOI in quite a while. Crawford said he prefers to announce deals after they are definitive but regulatory rules demand
that material LOI's must be disclosed.
gibbonsj wrote: What is their return to announcing LOI's telling us? My interpretation is they are sending the message that from here on in they are going to support share price by keeping the near term prospect of more acquisition news top of mind thereby giving the serious buyers who have been diligently manipulating share price the sense that if they don't get in now they are going to miss the boat. In this manner putting a sense of urgency in their purchases and introducing a heightened level of competition in their bidding which goes without saying will stabilize share price. My take away is there will be more news in the coming weeks.