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Bullboard - Stock Discussion Forum Tuscany International Drilling Inc T.TID

TSX:TID - Post Discussion

Tuscany International Drilling Inc > Further Information about Today's March
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Post by onthecase on Feb 07, 2014 4:04pm

Further Information about Today's March

Thank you for the information that has started to pour in. I'd like to provide detail on the 'why' behind today's action.

If you hold shares in other oil services companies, you have access to the investor relations department. Any materials promoting TID's asset sales will be generated by a few of us with assistance of legal counsel, and provided for transmission. We're not looking for any more help composing them than what anyone wants to give - in fact, they'll have to conform to certain data from TID, so they'll already be written a certain way. Mailing them unsolicited would see them "filed" in the mailroom. Approaching through investor relations, on the other hand, guarantees a reply. We don't need laborers; we need conduits, who can transfer a package from this side into friendly hands on the other side by clicking the 'forward' button.

As for those who are identified as employees of oil services firms: we may need five minutes of expertise from you at some future date. Frankly, most people within an organization aren't in a place to affect this sort of transaction, though we certainly appreciate any support that can be generated. Again, we're not looking for laborers here, we're looking for possible occasional experts as we target our efforts.

And again, identifying yourself as one or the other is all we need. We don't require any further info, and frankly would prefer not to be custodian of further info. Nothing personal, just privacy protection for us all. Thank you, and let's keep marching forward.
Comment by mcarter4 on Feb 07, 2014 4:17pm
onthecase, cangrats and thanks to all who are doing the work!!! Question of you is there a "fish or cut bait" price, ie if CS cut you $0.10/share to go away would we??? I'm guessing that CS is out to capture 100%+ wholeness on their debt (ie undermarket price for assets that are profitable) and how likely are they to pay to have you go away???  i suspect this as it appeared the ...more  
Comment by onthecase on Feb 07, 2014 7:38pm
Very astute question, mcarter4. Any settlement proposed must apply to all shareholders. If approached, we will weigh what's being offered against what we can likely attain by following this through. Considering the depth of industry knowledge contained within this group, we are in position to assess with a VERY high degree of accuracy the value of what we are likely to attain by this process ...more  
Comment by stepet on Mar 03, 2014 9:52pm
Hi onthecase I was told by chachr to contact you to get on the list my wife and I have a totel of 11,500 shares of TID. If you need any more info you can contact me at onfire@telusplanet.net
Comment by stepet on Mar 03, 2014 9:54pm
Hi onthecase I was told by chachr to contact you to get on the list my wife and I have a totel of 11,500 shares of TID. If you need any more info you can contact me at onfire@telusplanet.net
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