Posted On: 08/18/2014 11:09:25 AM
Post# of 43064
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very nice post from 4x >> *there*
Quote:
Thinking about it a bit in reverse order...
The internet AGM last year was on December 10, so it seems very likely this year it would be scheduled the same calendar week in 2014. I anticipate it is likely the board of directors will be confirmed by a vote on all of the board of directors at that meeting. I anticipate proxies will provide 30 days notice, so the proxies should be sent out around November 10. So given time for printing, etc., the announcement of and seating of the entire BOD by the end of October seems reasonable.
It also seems reasonable the seating of the new members of the board would take place after the announcement of the sale of a processor and it seems very likely that announcement will take place after the highly reputable national engineering firm whose identity is widely known by many, has been announced.
The identity of that engineering company may be discovered simply by internet research. Due diligence of the engineering company leads me to the conclusion a very profitable mutually beneficial relationship will result for both companies. I anticipate an equity participation in PTOI is in place for the national engineering company and it will be very lucrative for them and for PTOI. I expect a joint announcement of the relationship will be forthcoming; after labor day seems reasonable.
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