Post by
QUANTUMJUMP on Apr 23, 2016 1:58pm
Holy mother
If any of these posters had done any DD
The money for shareholders will be paid out after regulatory approval is given (as noted 100 times by the end of April )
The purchaser also (beside paying shareholders ) has taken on the companies debt , their press release is clear
Comment by
baskcha1 on Apr 23, 2016 2:19pm
what if the priv placement doesn't go through?
Comment by
uograd on Apr 23, 2016 3:24pm
If the PP doesn't close Sinoenergy lose their $20,000,000 deposit and all credability within the oil industry. Unlikely. A delay is always possible but unlikely it does not go through. If it does Long Run goes to zero and it is one major shat storm for everyone involved.