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Bullboard - Stock Discussion Forum Longview Oil Corp LGVWF

GREY:LGVWF - Post Discussion

Longview Oil Corp > neinstein
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Post by jd43xl on Feb 24, 2014 10:41am

neinstein

It wasn't a "bought deal", it was a secondary. And this unfortunate event will not delay it. Not sure where you are getting your info from, but it is wrong.
Comment by neinstein on Feb 24, 2014 11:18am
secondary refers to the source of the shares. it was a secondary. bought deal refers to the underwriting basis - whether it is a marketed deal or if the underwriters bought the stock and are reselling it. it was bought deal. my information comes from the underwriters. if you need verification call your broker and ask if the settlement date has changed. it has. the prospectus needs to be modified ...more  
Comment by jd43xl on Feb 24, 2014 5:45pm
Just talked to Advantage, no delay in the secondary as of yet. So your info is wrong.
Comment by neinstein on Feb 24, 2014 6:35pm
look i really have no interest in continuing this discussion. i think it 's great that you spoke with advantage. congratulations. you are plugged in.  did you ask if an amended prospecuts is now required? did you ask if that may delay settlement of the pertinent transaction where the new buyers actually gain ownership? do you realize advantage probably does not care if it has? advantage ...more  
Comment by Nawaralsaadi on Feb 25, 2014 10:00am
Based on last night’s SEDAR prospectuses amendment filing, the closing of the secondary has been delayed by two days to February 28th; thus we should know the identity of the bidder by next Monday. Regards, Nawar
Comment by neinstein on Feb 25, 2014 10:30am
on that topic nawar: are you 100% certain that the potential acquirer, if they took delivery of those shares, has to declare the day of closing? (i.e end of friday) or might they have a window of a few days before they have to file?
Comment by jd43xl on Feb 25, 2014 10:39am
Friday, Monday, Tuesday.........what does it really matter? The fact is that the secondary will close, and we will find out who bought that block of shares.
Comment by neinstein on Feb 25, 2014 11:26am
1. you were wrong. 2. you are still wrong.   and while being petty on stockhouse generally nauseates me, your manner of writing/responding makes me feel that it is warranted here. learn to be a bit more polite, despite your anonymity. why you are still wrong: while it seems the interested party will take delivery of that block it is not certain. it was only an expression of interest as far ...more  
Comment by Nawaralsaadi on Feb 25, 2014 11:28am
neinstein, , I am certain of that fact. An early warning report by a 10%+ owner must be filed within 24 hours of the acquisition of the shares. Regards, Nawar
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