PIPE New press release sounds most desperate Vote counting can't look good for them. This release screamed desperation. I've never read a snarky press release from a company before.
What gets me is the company does a terrible job trying to sell this merger. They can't articulate a compelling argument showing upside. Seems like they decided their best strategy was to scare investors into a for vote by downplaying our land and growth opportunity highlight the risks, and failure of the company. Not a winning strategy.
notice the rebuttals never mention Strathcona debt levels and how they plan to pay it off.
VOTE NO.