The HaltFin1 - Hope you are correct.
As I recall, I was under the impression that the halt was actually placed by the exchange, and not a halt request by the company ???
If it was by the company, I believe the company would now be in a position to lift the halt upon request. BUT, if it was an exchange halt, they may just want to see all the "in process" agreements substantially completed first.
Anyway, I am anxiously awaiting Monday a.m. in the hopes you are right.
The financials of the acquired companies are really breathtaking.
Am losing count of the number of shares ( fully diluted ) that will have been issued on completion, but something close to the following:
At July 30 was approx. = 38,500,000 ( of which Lyncorp had 16.2 mil
options @ 1.18 to CSC = 750,000
Debenture financing = 1,500,000
Mesken options @ 1.50 = 450,000
Purchase CSC @ .98 = 5,400,000
Purchase Mesken @ 1.20 = 3,000,000
Options to NWP & Coverall @ 1.50 = 700,000
Approx. Total = 50,000,000
Plus the purchase of NWP & Coverall will most probably require a further share issue. This will place enough shares out in the market to allow investing institutions to start accumulating shares.
The warrants & options will also bring in another $2 mil. into coffers ( when exercised ).
And in due course, am sure Mullen is looking to list on TSE.
otrab.