Pace Oil & Gas Ltd T.PCE

What,s Really Going On Here

[pennydredful]

Today,s  press  release is  a  total  camouflage  to  buy  time  and  secure  more double  counted YES  votes. Tom  Buchanan  and  Mike  S.   proposed  new directors  of  Spyglass  resign  from  Pace  and Charger  respectively -----means  nothing  . Fred  Woods  leaving  earlier  so  his  severance is  secured ---means  nothing  .  Others  have  a  right  to  make  a  bid   within  30  days   .  One  can  be  sure  any  bids  they  would  receive  will  be  real  lowball   as  not   enough  time  to  do  due  diligence  , a  non  arms  length  deal  is  alright  on  the  table  , 30  day  limit  smacks  of  desperation  .  The  record  date  of   January  14th  is  72 days   prior   to   the  new  " proposed"   March  26th  meeting  date.  The company  will  try  and  solicit  those shares  for  a  YES  vote  that  traded  after  January  14th  -----an  ever  increasing number .  These  can  be  voted  at  the  discretion   of  the  Chairman   even  though  they  were  already  previously  voted , meaning  the  same  shares  can be voted  TWICE .  This  practice   can  be  limited  if  the  record  date  of  January  14th  is  moved  forward   similiar  to  the  actual   meeting  date  .  IF  you  agree  this  date  should  be  moved  forward  email  the  Alberta  Securities  Commission  at       [e-mail]                    The  more  complaints   they  get  the  more  likely  they  are  to  act.

[Buynsell2013]

That's already checked in to and not doable ... They have covered all legalities before they proposed this new date ... We still as shareholders has the power to change the deal by votes.. Unfortunately have to follow n prolong for another 4 weeks ... Think of more things to validate NO votes to the merger .. No reasonable offers can be expected at this stage... How about suggesting a

[pennydredful]

Quoting  from  the  circular  " Late  proxies may be accepted or  rejected by the Chairman  of the Pace Meeting at his  or  her  discretion  and  the Chairman of  the Pace meeting  is  under  no  obligation to accept  or  reject  any particular late  proxy.The  chairman of  the

[Buynsell2013]

No issues at all...as long as his designation (chairman) empowers him legally to do so ....