Posted On: 06/21/2014 12:35:08 PM
Post# of 36728
I don't know. However, given that the slightest due diligence would trigger multiple alarm bells and hoist numerous red flags, why would a company voluntarily walk the plank for SKTO/AEGY insiders and their crony lenders? Why take on the liability of severely damaged goods and the stigma of association with this gang with their history of failed companies that milked the markets and SEC revocation and litigation?
It's easier to imagine that an interested reputable firm might just want to cherry pick those assets in which they see value. However, that's not likely to sit well with SK/AE lenders loaded with restricted shares and/or convertible debentures or with vested insiders used to control.
In any case, Mayor refers to "a Canadian company listed on the Canadian Stock Exchange." Not sure what he's referring to. There is a "Canadian Securities Exchange" which offers a marketplace for startups and microcaps.
It's easier to imagine that an interested reputable firm might just want to cherry pick those assets in which they see value. However, that's not likely to sit well with SK/AE lenders loaded with restricted shares and/or convertible debentures or with vested insiders used to control.
In any case, Mayor refers to "a Canadian company listed on the Canadian Stock Exchange." Not sure what he's referring to. There is a "Canadian Securities Exchange" which offers a marketplace for startups and microcaps.
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