RE:RE:What do you guys think of this deal? Agree, Something seems fishy, but with this company, you never know
To say that CC and Gramercy are taking the offer then why weasel word the clause this way if the vultures are going to take advantage of the offer? It makes their intention to sell anything but ironclad.
"Each of Catalyst and Gramercy has advised the Company that their current intention is to deposit Shares pursuant to the Offer, however, their decision to participate in the Offer is subject to market conditions and other factors. Each of Catalyst and Gramercy reserves the right without notice and for any or no reason, to change its investment decision at any time prior to the Expiration Date."