Well guys and gals, BECAUSE Your board of directors are smart guys.As a long time and big time shareholder of ITE stock,you guys should be so lucky as to get this company at bargain basement prices.So without delay,let this wise old guy tell you guys the story,so you guys,listen and learn : I3energy is about producing a big amount of oil and gas from the western sedimentary basin and you will be doubling your production right away and you will be tripling it in the future years with this acquisition.This is because the 200 or so drilling spots that you will be doing on these properties are low cost and long time wells which were acquired by this company years ago,by the way,at bargain basement prices from Cenovus Energy,which is a great company on the TSE.It was forced to sell them since it had too much debt at the to!a of low oil prices and the guys at I3energy were shrewd bargain hunters at the time,so that they picked up these properties with cash and shares.You guys are getting to buy I3energy for about a third of its value,which is about the .70 cents per share mark,O.K. guys.So you guys should probably due more research about the oil and gas sector in Alberta,specifically Calgary.With this acquisition you will be going up big time,so good luck to all you shareholders because you will be well rewarded.